Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.

The pandemic exposed the weakness of the global manufacturing and distribution networks adopted by most big fashion brands. Executives need to change how they think and talk about supply chains to replace a culture of cost.

The pandemic exposed the weakness of the global manufacturing and distribution networks adopted by most big fashion brands. Executives need to change how they think and talk about supply chains to replace a culture of cost.

It is time for the British megabrand to again choose which way it’s really going: up or down?

It is time for the British megabrand to again choose which way it’s really going: up or down?

Tim Blanks sits down with the American designer to discuss creativity and cancel culture, fashion and mortality, the future of the Tom Ford brand and his new book, courtesy of ES Magazine.

Tim Blanks sits down with the American designer to discuss creativity and cancel culture, fashion and mortality, the future of the Tom Ford brand and his new book, courtesy of ES Magazine.

Fashion has a critical role to play in advancing nature-based solutions to the climate crisis, argue We Mean Business Coalition CEO María Mendiluce and Burberry chair Gerry Murphy.

Fashion has a critical role to play in advancing nature-based solutions to the climate crisis, argue We Mean Business Coalition CEO María Mendiluce and Burberry chair Gerry Murphy.

In luxury fashion, the right configuration of creative and commercial leadership is critical to success, writes Pierre Mallevays.

In luxury fashion, the right configuration of creative and commercial leadership is critical to success, writes Pierre Mallevays.

China is the world’s most important luxury market, but key business decisions concerning the country are still taken by Western executives based in Europe, resulting in common and costly mistakes, argue Luca Solca and Jasmine Zhu.

China is the world’s most important luxury market, but key business decisions concerning the country are still taken by Western executives based in Europe, resulting in common and costly mistakes, argue Luca Solca and Jasmine Zhu.

Though poorly understood by many fashion executives and investors, upstream supply chains are a powerful lever for value creation, writes John Thorbeck in the first instalment of a new column: First Mile.

Though poorly understood by many fashion executives and investors, upstream supply chains are a powerful lever for value creation, writes John Thorbeck in the first instalment of a new column: First Mile.

More Black hair and makeup artists are getting plum high fashion gigs that once eluded them, writes Jason Campbell.

More Black hair and makeup artists are getting plum high fashion gigs that once eluded them, writes Jason Campbell.

The industry’s master of make-believe insists, ‘I would feel lame to just go back to a white runway and a white box,’ as he tells Tim Blanks about his latest film.

The industry’s master of make-believe insists, ‘I would feel lame to just go back to a white runway and a white box,’ as he tells Tim Blanks about his latest film.

The most valuable luxury brands are all over 100 years old, but under certain conditions investing in luxury start-ups can deliver stellar returns, writes Pierre Mallevays.

The most valuable luxury brands are all over 100 years old, but under certain conditions investing in luxury start-ups can deliver stellar returns, writes Pierre Mallevays.

A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.

A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.

For the fast-growing brand’s return to the runway, designer Sarah Burton chases post-pandemic storms, writes Tim Blanks.

For the fast-growing brand’s return to the runway, designer Sarah Burton chases post-pandemic storms, writes Tim Blanks.
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
The proposal would give companies the option to share results twice a year.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.