Fashion
EssilorLuxottica prepared to buy 5%-10% of Armani
By
Bloomberg
Published
November 23, 2025
Eyewear giant EssilorLuxottica SA is prepared to buy a 5% to 10% stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported, without saying where it got the information.
EssilorLuxottica would acquire the stake without having any active role in Armani or representation on its board, the newspaper said on Saturday.
Spokespeople for EssilorLuxottica and Armani declined to comment on the report when contacted by Bloomberg.
In his will, Giorgio Armani opened the door to a possible sale of the company he founded and nurtured for 50 years.
The Italian fashion mogul, who died in September at age 91, directed his heirs to sell an initial stake of 15% in Giorgio Armani to one of three preferred buyers — LVMH Moet Hennessy Louis Vuitton SE, EssilorLuxottica or L’Oréal SA — or a company of similar standing within 18 months.
Should his heirs agree, that buyer would then have the opportunity to raise its stake to a majority after three years, according to the will. As an alternative, Armani could be listed on a public stock market.
A spokesperson for EssilorLuxottica, the world’s largest eyewear group, said at the time that the company “will carefully evaluate” a potential purchase of a stake in Armani.
Fashion
Adidas challenges players to ‘Choose a Side’ as Yamal and Bellingham front latest Predator and F50 campaign
Published
January 12, 2026
Do you choose chaos or control? That’s the question behind the latest Adidas football boot spring/summer campaign for its latest Predator and F50 products.
Consumers are asked that same question, inviting players to choose either chaos (via Lamine Yamal and F50), or control (Jude Bellingham and Predator), with both Adidas styles receiving “striking” colour updates for spring/summer 2026.
“More than just a boot launch”, the campaign “captures a playful rivalry that has taken over the game”, asking footballers around the world to “choose one” – either Team Predator or Team F50.
While the new Predator Elite FT is designed for “control, enabling players to execute with precision in high-pressure moments”, the F50 Elite is for those “who break with convention, players who push themselves to the limit to create unexpected brilliance”.
Of course, the campaign features two of football’s biggest names – Yamal (“chaos personified”) and Bellingham (“the master of control”), starring in a film that “brings to life picking between electrifying pace and game-breaking skill or calmly commanding any situation on the pitch”.
Predator will be also worn on pitch by star players including Bellingham, Trent Alexander-Arnold, Pedri, Alessia Russo and Aitana Bonmati while, alongside Yamal, F50 will be put through their paces by players including Ousmane Dembélé, Florian Wirtz, Vicky Lopez and Trinity Rodman.
Sam Handy, GM Football at Adidas, said: “Through this campaign, we’re igniting a conversation that sits at the heart of football culture. These boots are about more than just innovation; they represent the two fundamentally opposing forces that define the modern game: raw speed and ultimate control.”
The F50 Elite (£235/€270) and Predator Elite Fold-Over Tongue (£245/€280) models are available to purchase from today, in-store and online.
Copyright © 2026 FashionNetwork.com All rights reserved.
This was in response to a request from Bangladesh’s National Security Adviser Khalilur Rahman, who is currently visiting Washington, DC, the country’s Chief Advisor said in a post on Facebook.
USTR Jamieson Greer has agreed to raise with the President the possibility of reducing Bangladesh’s 20-per cent reciprocal tariff rate, bringing it more in line with regional competitors.
This was in response to a request from Bangladesh’s National Security Adviser Khalilur Rahman, who is visiting the US.
Both sides have developed a solution to support Bangladesh’s export priorities.
Both sides have developed an innovative and forward-looking solution to support Bangladesh’s export priorities. Under a proposed preferential scheme discussed by Rahman and Greer, Bangladesh would receive tariff-free access to the US market for textile and apparel exports equivalent to its imports of US-produced cotton and man-made fibre textile inputs, measured on a square-meter basis, the Chief Advisor’s post said.
“This creative, win-win approach strengthens bilateral trade, supports Bangladeshi manufacturers and workers, and deepens supply-chain ties with US producers. It reflects growing momentum and goodwill in US-Bangladesh economic relations and marks a promising new chapter for Bangladesh’s global trade prospects,” the post added.
Fibre2Fashion News Desk (DS)
Published
January 12, 2026
Recent news that Next was eyeing an acquisition of Russell & Bromley has been added to with reports that it has teamed up with a stock clearance specialist and that the premium footwear chain’s stores could disappear from the high street.
The company is reportedly working with Retail Realisation on its offer for the retailer, a fact that reinforces Next’s interest in the IPR rather than the physical business.
Retail Realisation is a liquidation with links to Modella Capital, the company that controls TOFS and Claire’s UK, both of which are said to be in danger of administration filings.
Not that Next is a shoe-in as the new owner with its proposal said to be one of a number currently being considered by Russell & Bromley’s adviser Interpath.
Acquisition-hungry Next is also believed to be looking at a takeover deal for another key name in UK footwear, the distressed LK Bennett business.
Sky News cited “industry sources” saying the link-up between Next and Retail Realisation underlined its “interest in Russell & Bromley’s brand rather than its store estate or stock”.
Family-owned Russell & Bromley currently trades from 37 stores and employs more than 450 people. It’s run by fifth-generation family member Andrew Bromley and has Billie Piper as the face of the brand.
If Next bought only the IPR, it would leave the stores without the right to carry the Russell & Bromley name, reports said.
None of the parties involved have commented so far.
Copyright © 2026 FashionNetwork.com All rights reserved.
Adidas challenges players to ‘Choose a Side’ as Yamal and Bellingham front latest Predator and F50 campaign
Ho hum holiday: Retail’s early results show modest growth in critical shopping season
Golden Globes 2026 shines with emotional wins, bold jokes and surprise reunions
-
Politics5 days agoUK says provided assistance in US-led tanker seizure
-
Entertainment1 week agoMinnesota Governor Tim Walz to drop out of 2026 race, official confirmation expected soon
-
Entertainment5 days agoDoes new US food pyramid put too much steak on your plate?
-
Sports1 week agoVAR review: Why was Wirtz onside in Premier League, offside in Europe?
-
Entertainment5 days agoWhy did Nick Reiner’s lawyer Alan Jackson withdraw from case?
-
Business5 days agoTrump moves to ban home purchases by institutional investors
-
Sports1 week agoFACI invites applications for 2026 chess development project | The Express Tribune
-
Business1 week ago8th Pay Commission: From Policy Review, Cabinet Approval To Implementation –Key Stages Explained