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Adolfo Domínguez Posts 81% Profit Surge, Marks Fourth Year of Growth

Ut World April 30, 2026 0

Spanish fashion house Adolfo Domínguez reported a sharp rise in profitability for the financial year from March 2025 to February 2026, with consolidated net profit jumping 81% to €1.64 million. The company also recorded a 2% increase in sales, reaching €139 million, marking its fourth Continue Reading

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Mulberry Launches Sustainable Leather Collection to Mark 55-Year Milestone

Ut World April 29, 2026 0

British luxury brand Mulberry has unveiled a limited-edition accessories collection in collaboration with Pasture For Life, celebrating its 55th anniversary alongside five years of its ‘Made To Last Manifesto’. The collection highlights a fully traceable and sustainable leather supply chain, using hides sourced exclusively from 100% pasture-fed British cattle raised on Continue Reading

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Adidas Dominates London Marathon as Record-Breaking Runs Boost Shoe Wars

Ut World April 27, 2026 0

The global spotlight on distance running intensified at the London Marathon, where elite performances and cutting-edge footwear took center stage. Adidas emerged as the biggest winner, with its sponsored athletes delivering historic results. Sabastian Sawe clinched victory in a record-breaking 1:59:30, closely followed by Yomif Kejelcha at 1:59:41 in his marathon debut. In Continue Reading

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TJX Companies Goes Fur-Free, Drops Angora and Mohair from Collections

Ut World April 25, 2026 0

TJX Companies, the parent company of TJ Maxx and TK Maxx, has announced the removal of all natural fur, including angora rabbit fur and mohair derived from angora goats, from its product offerings worldwide. The move comes amid growing scrutiny of animal welfare practices in the fashion industry, particularly following renewed pressure on H&M after […]Continue Reading

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Galderma Q1 Sales Surge 25.5% as US Demand Drives Growth

Ut World April 23, 2026 0

Swiss skincare company Galderma reported a strong start to the year, with first-quarter sales rising 25.5% in constant-currency terms to $1.47 billion. The Zug-based firm was buoyed by robust demand in the United States, where sales jumped 41.5% year-on-year between January and March. Popular brands such as Cetaphil and Restylane contributed significantly to the growth, Continue Reading

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Klarna Reports 75% Surge in Resale Usage as Consumers Turn to Asset-Based Spending

Ut World April 22, 2026 0

Klarna has reported a significant rise in the use of its in-app resale feature, with activity growing by more than 75% over the past year. The company noted a sharp increase in listings created through its platform over the last 13 months, highlighting a shift in consumer behaviour as more users seek to earn money […]Continue Reading

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Pat McGrath Labs Emerges Stronger from Bankruptcy with New Ownership and Growth Strategy

Ut World April 21, 2026 0

Luxury beauty brand Pat McGrath Labs has officially emerged from Chapter 11 bankruptcy protection, signaling a fresh chapter marked by financial stability and renewed strategic direction. The company’s new majority owner, GDA Luma, confirmed the successful completion of its court-approved restructuring plan, positioning the brand for long-term growth. Backed by over $65 Continue Reading

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AAFA Issues New Guide to Protect Fashion Workers from Rising Heat Risks

Ut World April 20, 2026 0

The American Apparel & Footwear Association (AAFA) has released a comprehensive new guide aimed at safeguarding workers in fashion supply chains from the growing dangers of extreme heat. Published on April 17, 2026, the guide outlines practical steps for apparel, footwear, and travel goods companies to mitigate heat-related risks in manufacturing environments as global Continue Reading

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Circular Economy Is Key to Future Value, Says Marion Schuppe at Paris Conference

Ut World April 17, 2026 0

Marion Schuppe, joint head of investments at MakeSense, made a compelling case for circular economy investments while addressing investors and corporate leaders at the Fashion Act conference held at the Étoile Business Centre in Paris on April 15-16. Emphasizing the urgency of systemic change, Schuppe argued that transitioning to a circular economy is essential for […]Continue Reading

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Independent Fashion Retailers Drive Growth, Gain Dominant Market Share

Ut World April 16, 2026 0

Independent fashion retailers are emerging as a powerful force in the global fashion ecosystem, with their share of total transaction volume rising from 49% to 62% over the past five years, according to data from JOOR. Reflecting this surge, 51% of independent brands reported year-on-year growth within the independent channel—significantly outperforming multi-brand Continue Reading