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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 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

Fashion Featured Latest News

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

Fashion Featured Latest News

Perfect Moment Q3 Growth Slows as E-commerce Sales Dip

Ut World February 14, 2026 0

London-based luxury skiwear brand Perfect Moment reported an 8.7% rise in sales for the first nine months of fiscal 2026, even as third-quarter growth flattened. Revenue for the quarter held steady at around $11.7 million compared to the same period last year. For the nine-month period ending December 31, revenue increased to $17.9 million from […]Continue Reading

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Crocs 2025 Revenue Slips 1.5% as HeyDude Weakness Offsets International Growth

Ut World February 13, 2026 0

Crocs Inc. reported a 1.5% decline in full-year 2025 revenue to $4 billion, as strong international gains for its core Crocs brand were outweighed by continued weakness in the HeyDude label. Fourth-quarter revenue fell 3.2% year-on-year to $958 million, with direct-to-consumer sales rising 4.7% while wholesale revenue dropped 14.5%. By brand, Crocs posted a modest […]Continue Reading

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Shopify Forecasts Strong Revenue Growth as AI Push Boosts Sales, Shares Slide 10%

Ut World February 12, 2026 0

Canada’s Shopify projected first-quarter revenue growth well above Wall Street expectations, signaling continued momentum driven by artificial intelligence investments and resilient consumer spending. The Ontario-based e-commerce platform said it expects revenue to rise at a low-thirties percentage rate in the January–March quarter, surpassing analysts’ estimates of a Continue Reading

Fashion Featured Latest News

Management Lapses Blamed for Massive Coupang Data Leak, South Korea Says

Ut World February 11, 2026 0

South Korean authorities have concluded that last year’s massive data breach at Coupang was caused by internal management failures rather than a sophisticated cyberattack, according to initial findings from a government probe announced Tuesday. The Ministry of Science and ICT said a former engineer exploited weaknesses in the company’s authentication system from April Continue Reading

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CFDA and OpenAI Launch Innovation Hub to Power AI-Driven Fashion Future

Ut World February 10, 2026 0

The Council of Fashion Designers of America (CFDA) has announced a two-year partnership with OpenAI aimed at bringing artificial intelligence deeper into the fashion ecosystem. Central to the collaboration is the launch of the Innovation Hub, a designer-focused platform designed to connect AI tool developers with CFDA members to create practical, industry-ready solutions. Continue Reading