Business

Frasers Group becomes majority stakeholder in luxury retailer The Webster

The Webster is set to sell a majority stake of the company to British retail giant Frasers Group as part of a new strategic partnership. The leading shareholder position is currently held by founder and chief executive officer of the luxury retailer Laure Hériard Dubreuil and her family. Through the deal, Frasers intends to provide its own...

loading...

Member
BusinessMember

Uniqlo's global expansion drives strong financial results for Fast Retailing

Fast Retailing, the parent company of Uniqlo, reported strong financial results for the year ended August 31, 2025, with revenue rising to 3.4005 trillion yen, up 9.6 percent year-on-year and profit attributable to owners of the parent expanding to 433 billion yen, an increase of 16.4 percent. This marks the fourth consecutive year of record...

loading...

People

Hoff hires David Tourniaire-Beauciel to lead design and drive international growth

Madrid – A new chapter has begun for Hoff, as the firm, led and co-founded by Fran Marchena, announced the appointment of David Tourniaire-Beauciel as its new design director. The renowned French designer is a key figure in the evolution of footwear lines for revolutionary labels, most notably Balenciaga, where he served as a close collaborator...

loading...

BusinessMember

US tariffs spark concern in India's textile capital

Tiruppur, India - The roar of sewing machines has given way to an unusual quiet in the textile factories of Tiruppur, in southeastern India. Since the tariffs on Indian exports was imposed by Donald Trump at the end of August, most have been operating at a reduced capacity. “US orders are almost at a standstill,” notes a disappointed Ramesh...

loading...