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Zara Home Unveils Floral-Inspired Capsule

Ut World August 28, 2026 0

Inditex’s Zara Home has launched a new capsule collection developed in collaboration with Berlin-based floral design studio Studio Mary Lennox. The collection explores the relationship between flowers, art, design and architecture, drawing inspiration from the studio’s creative workspace and Continue Reading

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Shein Valuation Drops 70% as Hong Kong IPO Targets $1.77 Billion

Ut World August 24, 2026 0

Online fast-fashion retailer Shein launched its long-awaited Hong Kong IPO on Monday, seeking to raise up to HK$13.86 billion ($1.77 billion) and valuing the company at about $27 billion at the top of its price range. The valuation is roughly 70% below its private-market peak of nearly $100 billion in 2022, highlighting growing investor concerns […]Continue Reading

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Tecnica Group Founders to Raise Stake to 69.09%

Ut World August 21, 2026 0

The Zanatta family, founders of Italian outdoor footwear and ski equipment maker Tecnica Group, has agreed to buy back a 9.09% stake in the company from Italmobiliare for approximately €50 million. The transaction, carried out through the family’s controlling vehicle Prime Holding SpA, will increase the Zanatta family’s ownership to 69.09% once completed. The deal […]Continue Reading

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France Fines Boohoo €2.3 Million Over Misleading Discounts

Ut World August 20, 2026 0

France’s consumer watchdog has fined British fast-fashion retailer Boohoo €2.3 million ($2.69 million) for deceptive practices, including misleading discounts and improper product labelling. The Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) said 40% of the promotions it examined were not genuine price reductions, while 7% offered smaller Continue Reading

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GLOBAL TECH MAJORS BACK KERALA CYBER SURAKSHA SUMMIT 2026

Ut World August 20, 2026 0

Oracle, AWS, Google, Microsoft, Cisco and Zscaler join forces to support major cybersecurity leadership summit in Kochi Kerala is set to make a significant mark on India’s cybersecurity landscape as some of the world’s biggest technology companies come together to support the Kerala Cyber Suraksha Summit (KCSS) 2026, to be held on September 5 at […]Continue Reading

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Yeezy Returns to US Retail Through JD Sports

Ut World August 19, 2026 0

JD Sports Fashion has brought Yeezy footwear back to US physical retail, marking the brand’s first return to brick-and-mortar stores since Adidas ended its partnership with rapper Ye in 2022. The British sportswear retailer began selling selected Yeezy styles on August 13 through its US website and participating stores. The range includes men’s and women’s […]Continue Reading

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WTRLSS Launches Water-Saving Digital Denim Dyeing Technology

Ut World August 18, 2026 0

Bio-tech company WTRLSS has launched a digital dyeing technology aimed at transforming the $100 billion global denim industry by cutting water use in the dyeing and finishing process by up to 99.99%. The company says its technology reduces water consumption from around 75 litres per pair of jeans to just two tablespoons, while also cutting […]Continue Reading

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EEOC Drops Subpoena Lawsuit Against Nike

Ut World August 17, 2026 0

The U.S. Equal Employment Opportunity Commission (EEOC) has dropped its lawsuit seeking to enforce a subpoena against Nike after the sportswear company handed over a large volume of information requested as part of an investigation into its treatment of white employees and job applicants. U.S. District Judge Cristian Stevens in St. Louis, Missouri, granted the […]Continue Reading

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Lacoste Pays €9.9 Million to Settle French Tax Dispute

Ut World August 7, 2026 0

French fashion brand Lacoste has reportedly paid €9.9 million to the French Ministry of Finance following a tax reassessment, according to L’Informé. The dispute reportedly began four years ago and involved the group’s holding company, which oversees subsidiaries in France and international markets including Germany, Asia and the United States. The initial reassessment was Continue Reading

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e.l.f. Beauty Raises Forecast as Global Expansion Fuels Growth

Ut World August 6, 2026 0

e.l.f. Beauty has raised its annual sales and profit forecast after reporting strong demand for its affordable cosmetics and skincare products, even as consumers continue to face inflationary pressures. The company, which sells about 75% of its products for $10 or less, said its value-focused strategy helped drive momentum during the first quarter. Net sales […]Continue Reading