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Ferretti Family Leads €115 Million Bid to Revive Aeffe

Ut World July 31, 2026 0

The Ferretti family, the current owner of Italian fashion group Aeffe, has announced a binding offer to relaunch the company following a meeting at Italy’s Ministry of Business and Made-in-Italy (MIMIT). The proposal has been submitted in partnership with Invitalia, investment fund Oxy, Continue Reading

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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

Ut World July 20, 2026 0

The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading

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Morrisons in Talks for £600 Million Real Estate Financing Deal

Ut World July 13, 2026 0

British supermarket group Morrisons is in discussions with several parties, including US-based Realty Income, over a potential £600 million ($803 million) real estate financing deal, according to a Sky News report citing industry sources. The proposed transaction is not expected to follow a traditional sale-and-leaseback structure but may instead involve financing secured Continue Reading

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Superdry Secures Stan Ray Distribution Rights Across UK and Europe

Ut World June 23, 2026 0

British fashion brand Superdry has acquired the exclusive distribution rights for American heritage workwear label Stan Ray across the UK and Europe, with plans to launch the brand from the spring/summer 2027 season. The agreement covers menswear, womenswear and kidswear, marking another step in Superdry’s strategy to expand its portfolio of complementary fashion brands. Continue Reading

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Geox S.p.A. Q1 Revenue Drops Amid Weak Consumer Demand

Ut World May 14, 2026 0

Italian footwear and apparel group Geox S.p.A. reported a challenging first quarter for fiscal year 2026, with revenues falling 12.5 per cent year-on-year to 165.3 million euros. The Veneto-based company attributed the decline to weak market conditions, subdued consumer spending, and reduced traffic across retail channels. On a like-for-like basis, sales declined 10.3 per Continue Reading