Fashion Business Daily

A Paris court put BHV Marais into bankruptcy protection on Monday, with the court document calling it insolvent, and Style Capital bought N°21 out of the Gilmar restructuring. In Australia, the Financial Review reports that David Jones's owner is in advanced talks with landlords about closing more than half its stores.

In this episode

• Iconic Paris department store BHV Marais granted bankruptcy protection - France 24 — France 24

“The retailer "is in a state of insolvency, notably due to a significant drop in turnover, excessive liabilities and disputes with the landlord", the document said.”

• Style Capital takes control of N°21 - FashionNetwork USA — FashionNetwork

“In a complex corporate operation, the label’s long-standing industrial partner Gilmar, which applied for a negotiated settlement procedure in October, has sold the stake it held in N°21, marking the start of a new expansion phase for the label, which is aiming to consolidate its…”

• Clock ticking on historic retailer just before holidays — Aap

“David Jones' private equity owner is in advanced talks with its landlords about possibly closing more than half of its stores amid mounting losses, the Australian Financial Review reports.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

KMD Brands, owner of Rip Curl and Kathmandu, has granted Bluestar Alliance exclusivity on a possible takeover, while The Times reports Modella Capital is weighing a bid for Onward's Joseph. In Seoul, Musinsa Standard names JiyongKim founder Kim Ji-yong creative director of its menswear.

In this episode

• Rip Curl’s owner in takeover talks with US retail giant — The Sydney Morning Herald

“In an announcement to the ASX on Monday, KMD Brands said that after receiving a number of approaches from external parties, it had entered into an exclusivity agreement with retail powerhouse Bluestar Alliance “regarding a possible transaction to acquire all of the shares in…”

• Jospeh brand is latest target for Modella Capital - report - FashionNetwork USA — FashionNetwork

“Modella's interest in Joseph is perhaps a surprise given that its investments are usually in retailers operating at the lower end of the price scale.”

• Musinsa Standard recruits designer Kim Ji-yong of 'JiyongKim' to strengthen global competitiveness - First-Class Business Newspaper Financial News — Financial News

“Musinsa plans to strengthen Musinsa Standard's global identity with Kim as CD. Having established mass appeal with reasonable prices, the brand now aims to build a distinctive image by adding Kim's original perspective.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Capri Holdings beat expectations and nudged up its full-year outlook as Jimmy Choo grew and Michael Kors cut promotions, while a Commission document seen by Reuters puts Europe's cheap-parcel fees at six billion euros a year just as a new two-euro charge arrives. Nanushka has closed all its stores and cut to 20 staff while it negotiates a restructuring.

In this episode

• Capri Holdings Limited Reports Second Quarter Fiscal 2027 Results — Business Wire

“Throughout the second quarter, trends improved sequentially each month across both of our luxury houses, reflecting the actions we have taken to sharpen our product assortments, elevate brand desirability and strengthen consumer engagement.”

• Exclusive-EU fees that hit cheap Shein, Temu parcels could raise €6 billion, document shows | live — Euronext

“European Union charges on cheap ecommerce packages entering the bloc, which target Chinese platforms such as Shein and Temu, could raise €6 billion a year for the EU budget from 2028 to 2034, a Commission document seen by Reuters on Friday showed.”

• Nanushka Struggles Amid Losses and Debt | BoF — Sarah Kent

“The label, which previously employed 150 people, has shrunk its headcount to just 20 and is continuing to downsize, board member Peter Baldaszti said in an email.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

The RealReal reported record third-quarter GMV of $642 million and raised its full-year outlook, while Crocs raised guidance for a third time as HEYDUDE returned to growth. Former Dior and Carven designer Serge Ruffieux says he has joined Inditex as design director for John Galliano's Zara collections.

In this episode

• The RealReal, Inc - THE REALREAL ANNOUNCES THIRD QUARTER 2026 RESULTS — The RealReal

“Underlying those results is a fundamental change in how people shop for luxury fashion, and our purpose-built platform is helping to drive it. Customers increasingly start their journey with us and engage well beyond the transaction, to discover what to buy, to track what they…”

• Crocs, Inc. - Crocs, Inc. Reports Strong Third Quarter 2026 Results; Raises Full-Year 2026 Outlook — Crocs

“HEYDUDE revenues grew 6%, marking an important milestone as we delivered on our commitment stated earlier in the year to return the brand to growth.”

• Inditex appoints former Dior and Carven creative director Serge Ruffieux as design director for John Galliano at Zara — FashionUnited

“In this role, Ruffieux will oversee the realisation of Galliano's concepts and sketches for at least three additional seasonal collections for Inditex's main fashion brand.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Shein warns that stalled renewals of Mexico's T1 courier permits put its business there at risk, while Adidas's full third-quarter results show apparel up 19 percent and lifestyle footwear still stuck. VF Corp beats its own guidance as Vans' direct business grows for the first time in almost five years.

In this episode

• Shein Warns of Online Shopping Chaos Over Permit Delay in Mexico | BoF — The Business of Fashion

“Shein’s communications director, Patrick Lassauzet, said “a reduction in authorised operating capacity under the T1 framework can quickly turn into a real problem for consumers.””

• Adidas revenue surges, powered by apparel and performance sports — Bloomberg

“Apparel revenue grew by 19% on a constant-currency basis while sports gear increased 14% in the third quarter, led by running, training and football products, the company said Thursday, elaborating on preliminary results published last week. That compensated for the lack of…”

• VF Corporation Exceeds Guidance in Second Quarter Fiscal 2027 :: VF Corporation (VFC) — Vfc

“global DTC is growing again for the first time in almost five years, and strong orders from Wholesale partners continue to give us confidence of a second half improvement.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Paris department store BHV Marais asks for court-supervised administration and blames its landlord, Brookfield, which denies owing anything, while Italian licensee Gilmar plans to wind down its Iceberg and No. 21 licensing business. Roots completes its C$160.7 million sale to Marquee Brands, and CEO Meghan Roach steps down.

In this episode

• BHV Marais seeks to be placed under court-supervised administration - FashionNetwork USA — FashionNetwork

“Its chairman, Karl-Stéphane Cottendin, accuses the landlord of failing to pay the compensation owed in return for the surrender of half the premises.”

• No. 21, Iceberg Licensee Gilmar Files for Restructuring - WWD — Wwd

“The company plans to complete and ship orders already acquired for the fall 2026 season and halt the development of new licensed collections for 2027.”

• Roots Corporation Completes Go-Private Transaction and Announces Leadership Transition — Business Wire

“Following the completion of the transaction, Meghan Roach has stepped down as President and Chief Executive Officer.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

The Australian Financial Review reports that David Jones broke a loan covenant and its lender Hilco could wind it up, though Hilco says it remains supportive and has just funded Christmas stock. Marc Jacobs's new owners hand the Greater China business to I.T Group under a long-term license, and Debenhams posts its first pre-tax profit since 2021.

In this episode

• David Jones: Retail icon on life support as directors weigh insolvency | Nine.com.au — Nine.com.au

“Hilco has the green light to proceed because David Jones broke a loan covenant, according to two people briefed on the issue who asked to remain anonymous because they were not authorised to comment.”

• Marc Jacobs partners with I.T Group to expand in Greater China - FashionNetwork USA — Jennifer Braun

“Under the agreement, I.T Group has acquired the existing Marc Jacobs operating business in Greater China and entered into a new long-term licensing agreement.”

• Debenhams Posts First-Half Profit, Ending More Than Five Years in the Red | Modaes Global — Modaes

“This was the first time the British conglomerate had posted a pre-tax profit since 2021, and it was in 2025 that the group launched a transformation plan to address the situation.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Louis Vuitton hires Tiffany's Hector Muelas into a new chief brand creative officer post, Nike and Our Legacy announce a running line for spring 2027, and Indian supplier Gokaldas Exports tells Reuters it wants Europe to make up as much as 30 percent of its exports.

In this episode

• Louis Vuitton appoints Hector Muelas as new chief brand creative officer - FashionNetwork USA — FashionNetwork

“The appointment, confirmed by the French fashion and luxury house, entrusts Muelas with the strategic task of defining and steering the brand’s creative narrative across all touchpoints, ensuring rigorous visual consistency worldwide.”

• Nike and Our Legacy Team on New Running Line | BoF — Lei Takanashi

“On its most recent earnings call in October, Hill said Nike’s running business continued to grow by double-digit rates quarterly even as total sales declined 4 percent versus the previous year, and said the strength of newer running sneakers such as the Vomero tripled Nike’s…”

• Gokaldas Exports looks beyond US, eyes doubling Europe's share as tariff uncertainty persists — Moneycontrol

“Gokaldas, which counts Pearl Global Industries and KPR Mill among its peers, expects the US share of exports to moderate from 69%, seeking to cut exposure to tariff shocks and policy uncertainty.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Adidas's preliminary third quarter brought record revenue and operating income while Nike shrinks, and Reuters finds Birkin resale premiums falling as more bags reach the secondhand market. Puck reports Martine Rose has signed to replace Pierpaolo Piccioli at Balenciaga, which Kering has not confirmed.

In this episode

• How High Can Adidas Climb? | BoF — Mike Sykes

“It’s now projecting currency-neutral revenue growth to fall somewhere between 9 percent and 10 percent on the year, which would bring the company to $30 billion in revenue for the first time in its history.”

• How the Hermes Birkin is losing its scarcity appeal - The Business Times — The Business Times

“Brokerage Bernstein, which tracks individual auction results, said in a September note that the resale price on Birkin 25 bags averaged about 1.7 times the retail tag in the third quarter, down from about 2.6 times at their 2022 peak.”

• Martine Rose Reportedly Set To Take Over Balenciaga — New Wave

“According to Puck, Rose has signed a deal to take over the Parisian fashion house, although Kering declined to comment and Rose had not publicly confirmed the appointment at the time of reporting.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Frasers Group crossed 50 percent of Hugo Boss on Friday, making the German brand a subsidiary of Mike Ashley's group. Reuters reports Shein will pay $100 million to settle a US FTC probe over deliveries, and Zegna posted growth in China in a season when its luxury peers mostly shrank there.

In this episode

• Mike Ashley's Frasers Says It's Taken Control of Hugo Boss — The Business of Fashion

“Frasers Group Plc said it’s taken control of Hugo Boss AG, pushing its stake above 50 percent in a move that will turn the German apparel brand into a subsidiary of UK billionaire Mike Ashley’s retail empire.”

• Exclusive-Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe — Streetinsider

“Consumers filed more than 12,000 complaints about Shein over more than $11 million in purchases between January 2020 and June 2026, according to FTC records reviewed by Reuters.”

• Luxury: a mixed picture in the first nine months – Zegna posts growth, whilst China weighs on Hermès - Il Sole 24 ORE — Chiara Beghelli

“Growth was solid, as mentioned, across all geographical areas, including China: whilst the Americas continued to see double-digit growth (+13.6 per cent), and plans are in place to open a Salotto Zegna within the flagship store on Fifth Avenue in New York, it is above all the…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Kering's Q3 sales fell 1% on a comparable basis as Gucci dropped 6%, and the shares fell 11% on Friday. Prada grew just 1% as Miu Miu fell for the first time in more than four years, while Deckers posted record revenue with help from tariff refunds.

In this episode

• Kering Sales Down 1% as China Weighs on Gucci Revamp | BoF — The Business of Fashion

“The quarterly figures represent a step backward in Gucci’s effort to reverse declining sales. The brand’s sales had fallen more slowly than expected the previous quarter, with a contained 2 percent decline raising hopes that performance was turning a corner after a year under…”

• Prada Q3 Sales Up 1%, as Miu Miu Slows for First Time in Four Years | BoF — The Business of Fashion

“Retail sales – a key measure for the group that accounted for 87 percent of the total – rose 1 percent at Prada in the quarter and dropped 3 percent at Miu Miu, which has been cooling in recent quarters following a period of torrid growth.”

• Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results :: Deckers Outdoor Corporation (DECK) — Deckers

“The net benefit to both gross margin and operating margin was approximately 310 basis points. Net of tax, this resulted in an approximate $0.28 benefit to second quarter fiscal year 2027 diluted earnings per share.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Hermès missed third-quarter expectations as ready-to-wear and accessories shrank on weak Chinese demand, while Moncler's revenue was flat with Stone Island doing the lifting. Castore is in early sale talks with Anta Sports, Li Ning and US footwear brands, with no deal agreed.

In this episode

• Hermes revenue growth slows as weak China demand hits accessories | live — live

“Sales at Hermes' leather goods division, which makes its famous Birkin and Kelly handbags, rose 10.8%, broadly in line with previous quarters. However, sales at the company's ready-to-wear and accessories division, accounting for over a quarter of quarterly sales, declined by 2%…”

• Moncler Reports Flat Q3 Revenue on Weak Tourist Spending in Europe | BoF — Reuters

“Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.”

• Castore in sale talks with Anta Sports and Li Ning as backers eye exit - TheIndustry.fashion — TheIndustry.fashion

“The company is reportedly in discussions to sell either a majority or minority holding in the company, or enter into a strategic partnership. So far, no agreement has been reached, and the two co-founders, Tom Beahon and his brother Phil, who founded the business in 2016, are…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Ferragamo's third-quarter revenue fell 3.5% as China weakened and wholesale shrank, a setback after its second-quarter return to growth. British label ME+EM grew revenue 29% on US demand, while Fortune reports Converse is weighing on Nike's turnaround.

In this episode

• Ferragamo Quarterly Sales Decline in Setback For Turnaround Efforts | BoF — The Business of Fashion

““The real problem is China and probably in Japan,” Ernesto Greco, Ferragamo executive board member, said on a call with analysts. “And to be honest, we do not, cannot understand if this is just a temporary slowdown or if it is something more durable in time.””

• ME+EM profit jumps 53% as US growth lifts revenue to £190m - TheIndustry.fashion — Catherine Rowe-Kosary

“The brand said all its US stores had been profitable in their first year of trading and delivered significant like-for-like growth in their second. Its active US customer base increased 285% between FY24 and FY26, while its VIP customer base grew 393% over the same period.”

• Nike's turnaround is stalling, and its Converse brand is a ... — Phil Wahba

“Converse hit its peak in 2023, with sales reaching an all-time high of $2.43 billion. But they had more than halved to $1.17 billion last fiscal year. If its current rate of decline continues for the rest of the fiscal year, sales will fall below $1 billion for the first time…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Seán McGirr exits McQueen as Kering clears out its creative ranks ahead of Thursday's results, while BoF flags a cooling American luxury shopper going into reports from Hermès, Kering and Prada. Plus, August data shows US apparel tariffs rising again under Section 301.

In this episode

• Seán McGirr Departs McQueen | Vogue — Laure Guilbault

“Kering doesn’t break down sales of individual houses except Gucci, but according to Bernstein estimates, the house generated less than €200 million in 2025, down sharply from a peak of €850 million during the post-pandemic luxury boom in 2022/2023.”

• Luxury’s US Lifeline May Be Wearing Thin | BoF — Eric Sylvers

“Uncertainty has also crept into the US market in recent weeks. Luxury spending fell in each month of the third quarter, according to credit card data from Citi.”

• August Apparel Tariffs Climb to 22.7% as Section 301 Reshapes Sourcing — Softgoods Report — Grace Kim

“US apparel imports in August 2026 rose 0.2 percent in value year over year but fell 6.3 percent in quantity. Pricing, not unit volume, is rising. Lu said fashion firms are cutting SKU counts and adopting AI forecasting tools to target imports they expect to move through the…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

LVMH opened luxury's third-quarter season with fashion and leather goods down 5%, worse than consensus, as Chinese demand weakened. Shein's UK filings show £2.58bn in sales ahead of the end of the £135 duty break, and a Fashionphile report has Matthieu Blazy's Chanel bags reselling above retail.

In this episode

• LVMH’s Fashion Sales Fall 5% in Q3 | Vogue — Vogue

“Revenue from LVMH’s fashion and leather goods division fell 5% to €8.24 billion, versus consensus expectations of a 2% decrease. This follows a return to positive growth for the all-important division in Q2 (+1%), which was seen as an inflection point after seven consecutive…”

• Shein's UK sales hit £2.58bn as £135 duty break nears its end — The Founder Gazette — The Founder Gazette

“Shein's UK division sold £2.58bn of goods last year, up 26 per cent on the £2.05bn it reported for 2024, according to accounts filed at Companies House.”

• Matthieu Blazy’s Arrival at Chanel Sent Secondhand Prices Soaring Above Retail Ones, Says New Report — Samantha Conti

“Luxury re-commerce platform Fashionphile, which trades in pre-owned designer handbags, shoes, watches, fine jewelry and accessories, said secondhand buyers have been paying 13 percent above the retail price for the Chanel Souplissimo and the Archetype Tote, and 15 percent above…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Kim Jones, the former Dior Men and Fendi artistic director, is reviving his namesake label as a direct-to-consumer lifestyle brand, launching online in mid-2027 with a Hong Kong flagship. Also: AI-generated imagery takes aim at the catalog shoot, and Grunt Style closes most of its stores.

In this episode

• What Kim Jones Did Next | BoF — The Business of Fashion

“That visibility will come in handy for Jones’ next venture: nearly two decades after shelving his eponymous menswear brand, the star designer is reviving the Kim Jones label. He’s joined in the venture by his longtime deputy, design director Lucy Beeden. Launching online in…”

• Lumesa CEO Vita Mallela on AI models, inclusivity and the end of the catalog shoot — FashionUnited

““Photoshoots are being asked to do a job they were never designed for,” Mallela said, adding that a photoshoot for a single garment to be shown in a single color on 20 bodies would roughly cost between 19,000 and 38,000 dollars, when adding the work of models, photographers,…”

• ‘ACOTAR’ is the latest franchise that brands are clamoring to collaborate with — Modern Retail

“Since 2015, the ACOTAR franchise has sold more than 75 million copies globally and helped power the growth of the “romantasy” genre. As readers await the next book, and even get ready for the just-announced seventh installment, they can summon the world of Prythian via ACOTAR…”

• Grunt Style closures will cost 19 San Antonio retail workers their jobs by Nov. 30 – Main Street Dollars — Main Street Dollars

“Grunt Style, the San Antonio military-themed apparel company, is closing its Broadway store in the city, and 19 retail workers will lose their jobs by Nov. 30. The San Antonio Report says 11 of the 19 work full time. The company is shutting stores in other states, too.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Saint Laurent's next designer has already been chosen, Kering told analysts. The brief points to daywear, menswear, leather goods and a China push, though Bernstein warns the group's creative-director track record adds risk. Universal Standard also tests size inclusion as GLP-1 use spreads.

In this episode

• Saint Laurent Set for ‘New Chapter’ — WWD

“The next designer at Saint Laurent has already been selected and is expected to focus on women’s daywear, menswear and high-end leather goods as the Paris-based house plows into underpenetrated markets like Asia, and especially China. That’s what equity analysts were told Friday…”

• Universal Standard’s x Abisola collab makes a business case for size inclusion amid the GLP-1 boom — Glossy

“As GLP-1 drugs alter customers’ bodies and shopping habits, Universal Standard is betting that fluctuating sizes make inclusive fashion more relevant, not less. The brand launched US x Abisola, a seven-piece capsule created with London-based creative director Abisola Omole, in…”

• Spin Is a Fendi-Approved Fashiontech Start-up Readying Smart Products — WWD

“The EU is expected to issue a sector-specific delegated act for fashion and textiles in the fourth quarter of 2027, followed by an 18-month compliance window, making 2029 the earliest plausible enforcement date. Brands may still view it as another regulatory and reporting…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Nike's first quarter without a tariff refund lifted gross margin 60 basis points, but guidance points to a high-single-digit revenue decline and most Pace savings arrive only in fiscal 2029 and 2030. Meanwhile Prime Day lifted apparel basics, and LVMH and Kering toughened their model charter.

In this episode

• Nike Q1 FY2027: the quarter after the tariff refund, and Pace · Convexity — Convexity

“Nike's first quarter without its tariff refund raised gross margin 60 basis points on logistics and currency. It guides revenue down high-single digits, and says most of Pace's savings arrive in fiscal 2029 and 2030.”

• How Amazon Fall Prime Day went for sellers — Modern Retail

“Notably, apparel basics were up 25% year over year, according to Adobe. That momentum appears to build on the summer’s Prime Day event, when apparel overtook home and gardens as one of the top categories in the U.S. and globally, according to Numerator. Indeed, fashion sellers…”

• LVMH and Kering Widen Protection of Models Under Joint Charter — WWD

“All parties involved in shows, model castings and photo shoots for Kering and LVMH brands are to receive training next year as part of a new zero-tolerance policy for any form of harassment, abuse or violence. In a fortification of the model charter they jointly established in…”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Saint Laurent confirmed Anthony Vaccarello's exit after a decade, putting Kering's second-biggest brand into creative transition ahead of Q3 sales. Elsewhere: Aritzia posts 44% revenue growth, Chanel and F.P. Journe buy Ebel, and Paris buyers push back on luxury pricing.

In this episode

• Anthony Vaccarello Bows Out at Saint Laurent | British Vogue — British Vogue

“That golden goodbye has been made official: Anthony Vaccarello is stepping down as creative director of Saint Laurent, the house announced today. Saint Laurent will announce its new creative leadership soon.”

• Aritzia Inc - Aritzia Reports Second Quarter Fiscal 2027 Financial Results — Aritzia

“"We sustained exceptional momentum in the second quarter, delivering 44% net revenue growth and a 35% increase in comparable sales, as broad-based strength across geographies, channels and product categories continued to demonstrate the wide appeal of our brand," said Jennifer…”

• Chanel and F.P. Journe to Acquire Watchmaker Ebel - WWD — WWD

“Its owner, Paramus, N.J.-based Movado Group, said Thursday it had entered a binding agreement to sell 95 percent of the company to a group led by independent watchmaker F.P.Journe, formally known as Montres Journe SA, with the participation of Chanel and veteran watch executive…”

• Luxury Briefing: Can louder clothes loosen luxury’s purse strings? — Glossy

“Ready-to-wear spending, however, was broadly flat, up 0.2%, following a 1.6% decline in August. Spending at high-end traditional department stores rose 3%, up from 1% in August.”

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.

Fast Retailing's fiscal 2026 results show Europe and North America outselling Greater China at Uniqlo for the first time, while ANTA closes on its Puma stake. Levi's direct business stumbles on a back-to-school miss, and the Weston family agrees to buy Boots for $8.9 billion.

In this episode

• 【Fast Retailing FY2026 Earnings Call】Fast Retailing posts record results for fifth straight year with revenue of ¥3.96 trillion and business profit of ¥718.4 billion — Yanai: "The challenge to become world No. 1 enters a new stage" — Biggo

# 【Fast Retailing FY2026 Earnings Call】Fast Retailing posts record results for fifth straight year with revenue of ¥3.96 trillion and business profit of ¥718.4 billion — Yanai: "The challenge to become world No. 1 enters a new stage" - Published: 2026-10-08T07:24:56.000Z - Updated: 2026-10-08T07:27:43.000Z - Author: BigGo Editorial Team - Keywords: Fast Retailing, UNIQLO, GU, Tadashi Yanai,…

• EXEC: Anta Completes Acquisition of 29.06 Percent Stake in Puma, Becomes Largest Shareholder | SGB Media Online — SGB Media Online

EXEC: Anta Completes Deal for Largest Stake in Puma SE | SGB Media Online # EXEC: Anta Completes Deal for Largest Stake in Puma SE October 7, 2026 SGB Executive by SGB Executive Anta Sports completed its acquisition of a 29.06 percent stake in Puma SE from Artémis SAS, the investment company of the Pinault family, for €1,5 billion ($1.68 bn) in cash. Following the receipt of all relevant…

• Levi Strauss Q3 2026 Earnings Reveal Direct-to-Consumer Weakness — WWD

Levi Strauss Q3 2026 Earnings Reveal Direct-to-Consumer Weakness # Levi’s DTC Sales Take a Q3 Hit as U.S. Marketing Falls Flat The denim brand’s earnings rose for the quarter and CEO Michelle Gass said the business is back on track. By Evan Clark Plus Icon Evan Clark Deputy Managing Editor October 7, 2026, 5:46pm Michelle Gass Levi Strauss & Co. has been leaning into the…

• Weston family to buy Boots for US$8.9B — BNN Bloomberg

Weston family to buy Boots for US$8.9B # Family behind Canada’s biggest grocery chains buys U.K. drugstore Boots By The Canadian Press Updated: October 07, 2026 at 4:07p.m. EDT Published: October 07, 2026 at 9:50a.m. EDT Retail analyst Bruce Winder reacts to the report of the Westons purchasing Boots and how it will benefit the pharmacy chain. TORONTO — The family behind Canada’s biggest…

Daily TopFive for Fashion Business Daily. Links above go to the original articles. Follow and rate Fashion Business Daily on Apple Podcasts. Feedback? Email fashion-business-daily@lanternpodcasts.com.