How Sandro Blends Parisian Chic With Scalable Accessible Luxury
May 25, 2026
In a global fashion market crowded with fast fashion and
EARNINGS
Next plc (UK) reported that in the nine weeks to December 28, full price sales were up 6.0% over last year. Group profit before tax is now forecast to be up 10.0% from a year ago.
Aritzia (Canada) reported Q3 net revenue rose 11.5% to $728.7 million. Net revenue in the US rose 23.6% to $403.7 million Net income increased 71.9% to $74.1 million.
JCPenney and SPARC Group (USA) have combined to form a new organization, Catalyst Brands, which includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and JCPenney.
Laura Ashley (UK) has been acquired by Marquee Brands (USA), the owner of 17 brands including Ben Sherman and Martha Stewart.
Shein’s London IPO has been thrown into further doubt after it was accused by MPs of behaviour that ‘bordered on contempt’ by repeatedly refusing to answer questions over the origins of its cotton sourcing, per The Times.
Nordstrom (USA) agreed to be taken private by its founding family and El Puerto de Liverpool (Mexico) in a deal valuing the department store chain at about $6.25 billion.
Markets
In a global fashion market crowded with fast fashion and
The mood is cautious, but spending continues as shoppers trade
Apparel retailing in mid-May 2026 is being shaped by cautious
Brands are continuing to show margin pressure as costs increase.
Softening confidence and higher costs are driving more cautious, value-focused
U.S. demand remains relatively resilient, is facing headwinds, while EU
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