
Latest Fashion News
Global fashion firms post mixed but mostly positive Q1 results
Nine fashion and e-commerce companies reported first-quarter performance, with four strong, two moderate, and three weak results overall tilting positive. Levi’s, Amazon, Zalando, and Marimekko led on sales and profitability, helped by digital expansion, AI use, and steady consumer demand.
Zalando reports strong Q1 growth powered by AI and ABOUT YOU integration
Zalando said its first quarter showed stronger sales and profits, with group GMV rising 21.7% to €4.3 billion and revenue up 23.8% to €3.0 billion. Adjusted EBIT climbed 38.7% year on year to €65 million, with synergies from the ABOUT YOU acquisition contributing €10 million.
Galeries Lafayette closes its first China flagship after 13 years
Galeries Lafayette has shut its original Beijing flagship, ending a 13-year presence in the city. The closure reflects sluggish domestic spending and shifting consumer habits, even as the chain continues operating in Shanghai and Shenzhen.
Ultra-fast fashion criticism intensifies around sustainability
A new commentary argues that ultra-fast fashion is undermining sustainability efforts, using the Met Gala and Everlane as examples in a broader debate. The piece highlights growing backlash over the environmental costs of rapid-fashion consumption.
Fashion sector’s digital-led players continue to outperform
The latest quarterly roundup indicates that e-commerce and digitally focused companies are performing better than more traditional fashion businesses. The report highlights AI integration, platform growth, and operational efficiency as major drivers of relative strength.