Business|CEO interview

"We are not running a race": CEO Dieter Holzer on Closed after insolvency

Closed has moved past its insolvency and is realigning, though without breaking from its past. The Hamburg-based denim label is focusing on continuity over a complete restart under the leadership of CEO and shareholder Dieter Holzer, who was CEO at Marc O’Polo until mid-2021. The brand's DNA remains intact. Simultaneously, Closed is developing a...

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Fashion |Exclusive

The wonder of woad: from seed to colour

In the wet spring of 2024, Roua Alhalabi of Roua Atelier came to the Fashion Farm in the Netherlands with a glass jar full of woad seeds. A simple idea emerged from conversations about plants, pigments and textile knowledge lost over the centuries: what if we sowed this historic dye plant together here on our farm? Just among the vegetables in...

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Frasers Group acquires Harvey Nichols: What this means for the luxury retailer

Frasers Group, the British retail giant owned by Mike Ashley, has confirmed its acquisition of luxury department store Harvey Nichols following weeks of rumours surrounding the potential deal. The transaction includes the retailer’s six stores, including its locations in Manchester, Birmingham, Bristol, Leeds, Edinburgh, and its newly furnished...

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Coach performance propels Tapestry to double-digit annual sales and profit growth

US luxury group Tapestry, Inc. (Tapestry), the parent company of Coach and Kate Spade New York achieved double-digit top- and bottom-line growth across fourth quarter and full year. The performance for the period ending June 27, 2026, was driven by strong handbag demand at flagship brand Coach and international expansion across Asia and Europe....

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