Business

Sales decline at Under Armour: Home market of North America weighs on results

Under Armour concluded fiscal year 2025 with a significant drop in sales. Nevertheless, the US sportswear manufacturer believes that it is well on its way to realigning its brand. “We are in the process of reigniting our brand relevance,” explained chief executive officer (CEO) Kevin Plank on Wednesday, when presenting the latest financial...

3 hours ago

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Fashion

Conner Ives among BFC Foundation talent support scheme recipients

The British Fashion Council (BFC) Foundation, the registered charity for the BFC, has named the recipients of its annual support schemes, including BFC NewGen in partnership with Pull&Bear, BFC/Vogue Designer Fashion Fund, BFC/GQ Designer Fashion Fund and BFC Fashion Trust. The objective of the BFC Foundation is to support the future growth and...

4 hours ago

Fashion

LVMH teams up with SKEMA to strengthen luxury retail education

French luxury conglomerate LVMH is partnering with SKEMA (School of Knowledge Economy and Management) to create a new luxury retail course to be taught in the international business school’s new campus in Dubai to develop “top-tier talent for the luxury industry”. The strategic alliance aims to shape future luxury leaders with the creation of an...

6 hours ago

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Borletti Group acquires minority stake in True Religion

Investment firm Borletti Group, founded by Maurizio Borletti and Paolo De Spirt, is strengthening its position in the fashion lifestyle market after acquiring a minority stake in American denim and casualwear brand True Religion, controlled by Acon Investments. The Borletti Group, which has more than 20 years of experience investing in premium...

6 hours ago