Fashion Featured Latest News

Prada Group Reports €5.7 Billion Revenue in 2025, Strengthens Portfolio with Versace Acquisition

Ut World March 5, 2026 0

The Prada Group delivered strong financial performance in 2025 despite a challenging global luxury market, reporting net revenue of €5.718 billion. The Milan-based fashion giant recorded a 9% year-on-year increase at constant exchange rates and 8% organic growth, marking its 20th consecutive Continue Reading

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Spinnova and Circulose Partner to Advance Circular Textile Production

Ut World March 4, 2026 0

European textile recycling innovators are strengthening collaboration as Finland-based Spinnova announces the official integration of Sweden’s Circulose into its production ecosystem. Spinnova, known for producing cellulosic fibres from materials such as paper, cardboard, cotton textiles, leather, and agricultural residues without harmful chemicals, aims to secure a steady Continue Reading

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Global Fashion Agenda and Visa Launch ‘Recycle the Runway’ to Empower Circular Fashion Entrepreneurs

Ut World March 3, 2026 0

Global Fashion Agenda (GFA) has partnered with Visa to introduce Visa Young Creators: Recycle the Runway, a new initiative designed to support emerging European designers championing circular fashion. The programme aims to accelerate the transition toward a more sustainable fashion industry by backing creative entrepreneurs who integrate resale, repair, rental, and Continue Reading

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Inditex Enters Iraq with Major Retail Launch Amid Regional Tensions

Ut World March 2, 2026 0

Spanish fashion giant Inditex has officially entered Iraq, marking its 98th physical and 215th online market, even as the Middle East faces heightened instability following military conflict involving Iran, the United States, and Israel. The expansion fulfills a strategic objective outlined by CEO Óscar García Maceiras during the company’s 2024 annual results presentation, Continue Reading

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Puma’s 2025 Results Plunge as Restructuring Plan Targets 2027 Recovery

Ut World February 28, 2026 0

German sportswear giant Puma reported a difficult end to 2025, posting revenue of €7.3 billion—down more than 13% year on year—while operating profit swung sharply to a €357 million loss from a €549 million profit in 2024. Over two years, the company has shed €1.3 billion in revenue, reflecting currency pressures, weak consumer demand, and […]Continue Reading

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Topshop Unveils World’s First AI-Driven Shoppable Catwalk

Ut World February 27, 2026 0

Topshop stepped into the future of fashion this week with an AI-powered, fully shoppable runway experience in Manchester, billed as a world first. The event, hosted through the ‘Front Row AI’ app developed by THG Ingenuity, transformed the traditional catwalk into an interactive commerce platform where audiences could engage with the show in real time, […]Continue Reading

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Anti-Fur Protests Intensify at Milan Fashion Week

Ut World February 26, 2026 0

Milan Fashion Week has been marked by a surge of demonstrations as animal rights activists escalate campaigns against the continued use of fur on the runway. Fourteen protests have been scheduled throughout the week, alongside daily actions outside official events organized by the National Chamber of Italian Fashion (CNMI). Activists from across Europe have gathered […]Continue Reading

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Met Gala 2026 Unveils “Fashion Is Art” Theme, Beyoncé to Return After Decade

Ut World February 24, 2026 0

The Metropolitan Museum of Art has announced that the 2026 Met Gala will adopt the dress code “Fashion Is Art,” spotlighting the intricate relationship between artistic depictions of the human body and fashion as a living, wearable art form. The theme aligns with the Costume Institute’s upcoming spring exhibition, “Costume Art,” which will explore how […]Continue Reading

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India, France Revise Tax Treaty, Easing Dividend Levies for Major Investors

Ut World February 23, 2026 0

India has updated its three-decade-old tax treaty with France, introducing changes that will reduce dividend taxes for large French investors while expanding New Delhi’s authority to tax certain transactions. Under the revised agreement, French companies holding at least 10% in an Indian firm will now pay a reduced dividend tax of 5%, down from the […]Continue Reading

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Historic Scottish Mill Seeks to Preserve Cashmere and Textile Skills

Ut World February 21, 2026 0

Scotland’s historic cashmere and tweed industry faces a decline as high production costs and an aging workforce threaten traditional skills. At the Alex Begg mill in Ayr, craftsmen like Maria Wade meticulously mend raw cashmere by hand, a rare skill in today’s fast-fashion era. The mill supplies luxury brands worldwide while striving to preserve heritage […]Continue Reading