Business

Crocs reports Q3 revenue and profit decline

US footwear group Crocs Inc. reported a significant decline in revenue in the third quarter of the 2025 financial year. Profit also fell significantly short of the previous year's level. However, the latest results, which the company presented on Thursday, exceeded analysts' expectations. In the months from July to September, group revenue...

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Fairs

Mare di Moda 2025: Beachwear as a laboratory for textile innovation

In Cannes, Mare di Moda confirms that trade fairs are no longer passive venues simply attracting onlookers, but dynamic platforms for action. Here, beachwear is driving an industrial transformation where technology, sustainability and design converge. What is the purpose of trade fairs today? Conversations in the corridors of Mare di Moda 2025...

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Puma initiates restructuring programme and cuts jobs

Sportswear group Puma SE has launched a restructuring programme to get back on track following significant sales declines. The company announced in Herzogenaurach, Germany, on Thursday that costs will be reduced in the short and medium term. To achieve this, Puma plans to cut a further 900 administrative jobs by the end of 2026. So far this...

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Recover partners with H&M as a 'large-scale' supplier of recycled cotton

Madrid – Spanish company Recover has taken a giant leap in scaling its operations and business model. The company has just announced a multi-year agreement with the Swedish fashion multinational H&M. It will supply the company with large-scale quantities of its recycled cotton fibres, which are marketed under the brand name 'RCotton'. The...

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