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China’s Tax Crackdown Adds Pressure on Luxury Brands Amid Weak US Spending

Ut World October 9, 2026 0

China’s crackdown on wealthy individuals over unpaid taxes is adding pressure on luxury brands already facing geopolitical uncertainty and weakening consumer demand in the United States. Under Beijing’s new tax rules, wealthy Chinese individuals who used offshore trusts to shelter assets must Continue Reading

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Futurmoda to Host 171 Companies and 4,000 Trade Visitors

Ut World October 8, 2026 0

Futurmoda is set to bring together 171 companies on October 14 and 15 at IFA-Fira Alacant in Spain, with the organisers expecting around 4,000 professional visitors. The trade fair will occupy approximately 9,000 square metres and showcase the latest trends for the autumn-winter 2027/2028 season, covering materials, components, accessories, chemicals and machinery for the Continue Reading

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ASOS Says Cyberattack Exposed Customer Personal Data

Ut World October 8, 2026 0

British online fashion retailer ASOS said on Thursday that a cybersecurity breach earlier this week exposed some customers’ personal information, including names and contact details, according to its investigation. The company said attackers also accessed certain non-personal account-related information. However, payment card details and account passwords were not Continue Reading

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EU Seeks to Narrow Trade Deficit With China

Ut World October 7, 2026 0

European Trade Commissioner Maros Sefcovic is heading to Beijing for high-level talks aimed at reducing the European Union’s widening trade deficit with China. Sefcovic will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday following three months of discussions on the EU’s goods trade deficit, which exceeds €1 billion ($1.12 billion) a day. The […]Continue Reading

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G.H.Bass and Clarks Originals Join Forces for Limited-Edition Loafer

Ut World October 6, 2026 0

G.H.Bass has partnered with Clarks Originals on a limited-edition loafer that brings together the heritage footwear brands as part of G.H.Bass’s 150th-anniversary celebrations. The G.H.Bass x Clarks Originals Wallabee Weejuns Loafer combines the handsewn moc stitch of the iconic Weejuns penny loafer with the Wallabee’s distinctive last and natural crepe outsole. Launched Continue Reading

Fashion Featured Latest News

ASOS Launches Adaptive Clothing Collection for Disabled Consumers

Ut World October 1, 2026 0

UK online fashion retailer ASOS has launched ASOS Adaptive, its first adaptive clothing collection designed for disabled consumers. Developed in partnership with accessibility consultancy Tilting the Lens and co-created with disabled individuals, the 51-option collection spans womenswear, menswear and curve styles. Research by ASOS and Tilting the Lens found that 86% of Continue Reading

Featured Interviews

Jijin Jimmichan: From Kerala Roots to Global Ambitions

Ut World October 1, 2026 0

How a young dream from Palakkayam travelled across continents, found its expression in Indian cuisine, survived a global crisis and evolved into a larger vision for entrepreneurship   Some dreams begin with a business plan. Others begin with a childhood belief that one day, somehow, something bigger is possible. For Jijin Jimmichan, it began in […]Continue Reading

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Le Silla Reports €25 Million Turnover, Targets US and Emerging Markets

Ut World September 30, 2026 0

Italian luxury footwear and handbag brand Le Silla is expanding its global presence after recording group turnover of around €25 million in 2025, up approximately €5 million from the previous year. The Porto Sant’Elpidio-based company unveiled a new contemporary retail concept during Milan Fashion Week at its Via Sant’Andrea store, featuring materials such as steel […]Continue Reading

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Selfridges Swings to Profit, Urges UK to Restore Tax-Free Shopping

Ut World September 29, 2026 0

UK department store chain Selfridges returned to profitability in its latest financial year, with revenue rising 7% to £830.8 million, supported by strong footfall across its four stores despite a decline in online sales. Operating profit increased to £79.7 million from £42.2 million, while pre-tax profit improved to £13 million from a £15.9 million loss […]Continue Reading

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Fugazzi Takes Niche Perfume Mainstream

Ut World September 28, 2026 0

Amsterdam-based fragrance house Fugazzi is accelerating its international expansion with a major rollout across 18 countries through Sephora, marking a new phase in the brand’s growth. Founded in 2018 by Bram Niessink, the Dutch perfume label has expanded from independent retailers into department stores and is now present in markets including the Netherlands, United Continue Reading