Fashion
Pull&Bear taps talented French artist Thomas Lélu for a second drop
Translated by
Nicola Mira
Published
November 14, 2025
Pull&Bear is going all-in on the colour blue. After dropping a first collaboration with French artist Thomas Lélu earlier this year, a capsule collection themed around Valentine‘s Day, the Inditex group’s fashion chain has teamed up once again with Lélu to present a second jointly designed collection, now available on the Pull&Bear e-shop.
The collection is called ‘Objets’, and is characterised by a light-hearted, ironic urban style, with prices ranging from €9.99 for a silver key ring with a hat charm, to €29.99 for a tasselled scarf. It also includes items such as a smartphone case, a hat, a beanie and a tote bag, all of them featuring Lélu’s distinctive lettering and blue colour.
In addition to these accessories, the collection comprises a unisex fragrance and a limited-edition vetiver and vanilla-scented candle called ‘Unexpected Wood’, developed by Ane Ayo and Marina Merce of Swiss fragrance specialist Firmenich. All the items are inscribed with messages in English, such as ‘You will never find another me’ or ‘It’s never too late to start now’.
This second drop with Lélu is the latest in a long list of collaborations launched in recent months by Pull&Bear with other consumer brands and artists. Among the label’s most recent partnerships, one with Italian coffee machine producer Bialetti, a capsule collection with Portuguese artist Braulio Amado, and a collaboration with emerging label Lueder, presented during the latter’s London Fashion Week show as part of the BFC’s Newgen project.
Pull&Bear was founded in 1991 and is based in the town of Narón, Spain. As of the end of 2024, the label operated 800 stores, between directly owned and franchised ones, and catered to over 200 markets with its e-shops. It is part of the Inditex group, along with other brands such as Zara, Massimo Dutti, Stradivarius, Bershka, Oysho, Zara Home and Lefties.
In fiscal 2024, Pull&Bear increased its revenue by 4.6%, up to €2.469 billion. In the same year, the Inditex group, under Marta Ortega’s leadership, grew its revenue by 7.5%, reaching €38.632 billion.
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Fashion
UK year-end review 2025: Seeking new avenues
US reciprocal tariffs raised costs for UK fashion exporters, with some luxury fabrics facing up to 35 per cent duties in the US.
Currency weakness further squeezed margins across the sector.
UK policy responses eased imports from developing nations and reshaped supply chains.
Exporters increasingly diversified towards MENA and Asia-Pacific markets, signalling a shift in trade strategy.
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Fashion
German shirt-making pioneer Eberhard Bezner turns 90
Published
December 30, 2025
Eberhard Bezner turns 90. The long-standing managing director and current co-owner of Olymp Bezner KG, and co-founder of the eponymous foundation in Bietigheim-Bissingen, Baden-Württemberg (Ludwigsburg district), will celebrate his milestone birthday on December 31. As a German fashion entrepreneur, Bezner brought numerous innovations in modern shirt-making to fruition, laying the foundations for the company’s outstanding market position today.
Eberhard Bezner was born on December 31, 1935 in Stuttgart, Württemberg, the only child of company founder Eugen Bezner and his wife, Wilma (née Klaus).
Bezner grew up in Bietigheim and Ingersheim in the district of Ludwigsburg. After completing his schooling in Bietigheim in 1950, he began a structured apprenticeship as a textiles and retail merchant with a textile wholesaler in Ludwigsburg.
Bezner then joined his parents’ company in September 1953, initially as a junior employee. Following the sudden death of his father, Eugen, in January 1960, he had to take responsibility for the fast-growing, medium-sized shirt manufacturer overnight, at just 24 years of age.
As managing partner, he devoted himself to this role for many decades, until the complete handover to his son and successor, Mark Bezner, who now successfully runs the internationally active family business in its third generation.
One of Eberhard Bezner’s key entrepreneurial achievements was recognising, as early as the late 1960s, the growing difficulties facing domestic textile production in Germany.
The demand for qualified production workers could scarcely be met at that time. In the face of near-full employment, the local textile and clothing industry, particularly in the Middle Neckar region, continuously lost workers to traditionally strong sectors such as mechanical engineering and the automotive industry.
As a result, alternatives for shirt production had to be found abroad- this was the only way to preserve the medium-sized company and safeguard jobs in Germany.
In addition to his many years as an entrepreneur, Eberhard Bezner also took on political responsibility at municipal level in his hometown of Bietigheim for decades. From 1968 to 2004, he was at times the longest-serving councillor in the CDU group on the Bietigheim-Bissingen city council and also served, on an honorary basis, as deputy to the then Lord Mayor, Manfred List (CDU).
For his numerous services to the community as a citizen, patron, sponsor, and elected official, he received the Badge of Honour of the state of Baden-Württemberg and also holds the Cross of Merit on ribbon of the Order of Merit of the Federal Republic of Germany. In October 2013, Eberhard Bezner was additionally honoured by the Baden-Baden Economic Forum for his life’s work as the doyen of the German shirt industry and as a shareholder of OLYMP.
Guided by the humanist maxim “It is far more blessed to give than to receive,” the committed philanthropist Eberhard Bezner has long been active in charitable humanitarian projects. Together with his son, Mark Bezner, and his daughter, Birgit Bezner-Fischer, he founded the Olymp Bezner Foundation in 2008 with a private endowment of one million euros, which has since worked worldwide to support the education, health, and welfare of children and young people.
In 2010, Eberhard Bezner opened the “EBERHARDS” hotel and restaurant, now run by his grandson Bastian Fischer, as a stylish address in Bietigheim-Bissingen. In a prime city-centre location- right on the River Enz, beside the Bietigheim railway viaduct, the town’s landmark, and opposite the municipal indoor swimming pool- EBERHARDS combines high-quality accommodation for business travellers and holidaymakers with culinary experiences for connoisseurs and lovers of regional cuisine.
Eberhard Bezner is also an avid music lover and the initiator of the “Jazz im OLYMP” festival, which has been held annually on the company premises since 2001 and has established itself as a cultural highlight in the Stuttgart region with its numerous international music groups, performers and bands. As a sports fan and sponsor, Bezner has also been a major supporter of local sports clubs in Bietigheim-Bissingen for decades.
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Fashion
US’ Stitch Fix delivers strong Q1 FY26 with 7.3% revenue growth
Gross profit rose to $149.3 million but gross margin slipped to 43.6 per cent, down 180 basis points, due to higher product costs and promotional activity. Adjusted EBITDA increased to $13.4 million, reflecting a margin of 3.9 per cent compared with break-even levels seen in earlier turnaround phases.
Stitch Fix has reported a strong Q1 FY26, with revenue up 7.3 per cent to $342.1 million and improved adjusted EBITDA of $13.4 million.
While active clients declined, spending per client increased.
The company posted a $6.4 million net loss but ended debt-free with positive free cash flow.
With rising engagement and an AI-driven strategy, Stitch Fix expects continued growth through FY26.
The company reported a net loss of $6.4 million, nearly unchanged from the $6.26 million loss in the same quarter a year earlier, though operating performance improved on an adjusted basis.
Active clients fell 5.2 per cent YoY to 2.307 million, though revenue per active client improved 5.3 per cent to $559, signalling higher engagement among retained users. Inventory levels increased sharply to $141.5 million from $118.4 million last quarter, aligning with assortment expansion and seasonal buying, Stitch Fix said in a press release.
The company closed the quarter with a strengthened balance sheet, holding $244.2 million in cash, cash equivalents and investments and remaining debt-free. Operating activities generated $10.9 million in cash, and free cash flow turned positive at $5.6 million, marking a key milestone in the restructuring roadmap.
Looking ahead, Stitch Fix forecasts continued growth in the second quarter, projecting revenue between $335 million and $340 million—equating to 7.3-8.9 per cent annual growth. Adjusted EBITDA is expected to range from $10 million to $13 million with a margin of up to 3.8 per cent.
For full FY26, the company expects revenue between $1.32 billion and $1.35 billion, representing 4.2-6.5 per cent YoY growth. Adjusted EBITDA guidance stands at $38-$48 million with a 2.9-3.6 per cent margin. The company anticipates a full-year gross margin between 43 and 44 per cent, advertising expenses representing 9-10 per cent of revenue, and positive free cash flow.
As part of its operational reset, Stitch Fix continues to reflect its discontinued UK business separately, following its exit in fiscal 2024. The company noted that non-GAAP measure reconciliations are unavailable due to uncertainty around restructuring, taxes and other one-time cost fluctuations but cautioned these factors could materially impact GAAP outcomes.
With stabilising financials, rising revenue per client, and accelerating execution of its AI-led retail model, Stitch Fix signalled confidence in sustaining momentum as it moves deeper into fiscal 2026.
“Q1 was a strong start to the fiscal year—we accelerated year-over-year revenue growth to 7.3% and captured considerable market share gains,” said Matt Baer, CEO, Stitch Fix. “As a result of the successful execution of our transformation strategy, we are increasingly becoming the retailer of choice for more of our clients’ apparel and accessories needs. We are doing this by leveraging the latest in GenAI technology, the expertise of our human Stylists, and our assortment of leading brands to deliver the most client-centric and personalised shopping experience.”
Fibre2Fashion News Desk (SG)
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