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Showroomprivé announces plans to sell stake in The Bradery to founders

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Showroomprivé announces plans to sell stake in The Bradery to founders


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AFP

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October 16, 2025

Online retailer Showroomprivé announced on Wednesday that it has signed a letter of intent to divest its 52.75% majority stake in The Bradery to the platform’s two executives and co-founders, Timothée Linyer and Edouard Caraco.

Showroomprivé

In mid-March, Showroomprivé reported a net loss of nearly 40 million euros for 2024, notably due to a “remeasurement of The Bradery acquisition debt”.

The transaction, estimated at 23 million euros, values The Bradery at 43.6 million euros, the group said in a press release. It “reflects the value created by Showroomprivé since the acquisition of The Bradery”, it added.

Showroomprivé acquired a 51% stake in The Bradery in May 2022 for 10.2 million euros; since then, the company has recorded strong growth, with revenue rising from 21.7 million to 62.9 million euros between 2021 and 2024, and a return to profitability.

The sale, which is due to take place before the end of the year, provides for an initial payment of 17 million euros at closing, with the balance to be paid in instalments, including potential earn-out payments depending on The Bradery’s future performance.

Showroomprivé, which will present its third-quarter results on Thursday, reported a 16.5% year-on-year decline in revenue in the first quarter of 2025 amid “persistent market sluggishness”.

Paris, 15 Oct 2025 (AFP)

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Fashion

H&M India unveils official Lollapalooza India 2026 collection

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H&M India unveils official Lollapalooza India 2026 collection



H&M India announces the launch of its official merchandise collection for Lollapalooza India 2026. Marking the brand’s second year as a festival sponsor, the limited-edition drop channels the spirit of live music through bold graphics, vibrant colour palettes, and relaxed silhouettes designed for festival wear.

The collection features distinct women’s and men’s capsules designed for movement, comfort and self-expression.

H&M India has launched its official Lollapalooza India 2026 merchandise collection, marking its second year as festival sponsor.
The limited-edition drop features bold graphics, vibrant colours and relaxed silhouettes.
With separate women’s and men’s capsules, the range includes graphic tees, caps and tote bags designed for comfort, movement and self-expression from day to night performances.

“Lollapalooza India is a strong cultural moment, and a natural space for H&M to connect with a younger generation. Fashion today is about self-expression and confidence, and through this collaboration we reinforce our commitment to creating accessible, culturally relevant fashion that empowers individuality,” said Helena Kuylenstierna, Director, H&M India.

The range features graphic merchandise tees for both women and men, along with festival essentials such as caps and tote bags. Each piece is designed to move seamlessly from day sets to night performances.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



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Australia’s apparel imports fall, textiles rise in July-Nov 2025

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Australia’s apparel imports fall, textiles rise in July-Nov 2025



Apparel imports (code **) eased to Au$*.*** billion (~$*.*** billion), compared with Au$*.*** billion a year earlier. In November ****, imports fell sharply by **.** per cent year on year to Au$*.*** billion (~$*.*** billion) from Au$*.*** billion. The November contraction points to retailers delaying replenishment amid weak consumer confidence, promotional stock overhangs, and a preference for tighter inventory management ahead of the peak sales season.

Imports of textile yarn, fabrics, and made-up articles (code **) increased *.** per cent to Au$*.*** billion (~$*.*** billion) from Au$*.*** billion in the same period last year. However, November **** shipments under this category slipped to Au$*** million, down from Au$*** million in November ****, indicating short-term moderation after earlier restocking by manufacturers and converters.



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CFDA & Ralph Lauren launch grants to boost US fashion manufacturing

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CFDA & Ralph Lauren launch grants to boost US fashion manufacturing



The Council of Fashion Designers of America (CFDA) announced two new initiatives designed to strengthen American fashion manufacturing, drive innovation, support workforce development, and promote economic growth in key apparel-producing regions across the country.

The CFDA x NY Forward Grant Fund, developed with funding from both the New York State Department of State and Ralph Lauren Corporation (Ralph Lauren), will provide partially matching grants to designers and manufacturers based in New York City’s Garment District. The U.S. Fashion Manufacturing Fund, created with Ralph Lauren as founding partner, will support apparel manufacturers nationwide. Both programs aim to help companies to modernize equipment, expand services, and train workers – building the capacity and resilience of American fashion manufacturing.

CFDA has launched two new grant programmes with Ralph Lauren to strengthen American fashion manufacturing.
The CFDA x NY Forward Grant Fund will support New York City’s Garment District, while the US Fashion Manufacturing Fund will aid manufacturers nationwide, focusing on modernisation, workforce training, innovation and long-term industry resilience.

These programs build on the success of the CFDA’s Fashion Manufacturing Initiative (FMI), launched in 2013 in affiliation with the New York City Economic Development Corporation (NYCEDC), Andrew Rosen, and with the long-term support of Ralph Lauren, among others. To date, Ralph Lauren has contributed $2 million as FMI’s Premier Underwriter, enabling grants to 54 factories and positively impacting more than 2,000 jobs.

“Strengthening American manufacturing to ensure designers have local partners has long been at the core of CFDA’s mission,” said Steven Kolb, CEO and President of the CFDA. “We are proud to extend our decade-plus work with Ralph Lauren Corporation and expand to a national level while also continuing our local NYC investments alongside our first-ever partnership with the New York State Department of State.”

Together, these new grant programs mark a landmark commitment: sustaining New York’s Garment District while bolstering U.S. manufacturing nationwide — ensuring that American fashion continues to lead globally through innovation, craftsmanship and community.

“Our expanded partnership with the CFDA reflects Ralph Lauren’s enduring commitment to advancing innovation and supporting American fashion,” said Katie Ioanilli, Chief Global Impact & Communications Officer, Ralph Lauren Corporation. “This is not only an investment in our industry — it’s an investment in a vital part of American culture that we share with the world.”

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



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