Business|Overview

How consolidations & collapses reshaped the US fashion industry in 2025

From JCPenney’s merger with SPARC Group to Versace and Stuart Weitzman changing ownership, Dockers, Hanesbrands, and Dickies finding new buyers, Forever 21 shifting to a digital-only model, and Saks Global nearing bankruptcy, 2025 marked a year of blockbuster acquisitions and bankruptcies across the US fashion industry. While successful,...

loading...

Member
People

Lorenzo Bertelli (Prada): "thanks to AI, we will finally be able to value people who work with their hands"

Scandicci (Florence, Italy). “Technology and artificial intelligence will give us efficiency and free up time for high value-added work,” stated Lorenzo Bertelli, chief marketing officer and head of corporate social responsibility for the Prada Group, and the future CEO. Bertelli was in Scandicci in November, together with current CEO Andrea...

loading...

BusinessMember

Made in Italy brands lead Christmas M&A activity

Milan - The year concludes with two significant financial transactions involving two prominent Made in Italy brands: Etro and Golden Goose. Golden Goose has been acquired by the Chinese company Hsg, an international venture capital and private equity firm, which now holds a majority stake in the group. Meanwhile, Temasek, a global investment...

loading...

BusinessMember

Navigating change: A look at the UK fashion industry's defining year in 2025

Between a Boohoo to Debenhams rebrand; the creation of new specialised fashion groups; and turnarounds that have seen some high street darlings get back on track, 2025 has been a definitive year for the UK fashion industry. Major shifts are underway, and so for many this year is just the start. Here are some of the most notable chop and changes,...

loading...