Fashion
Boohoo sidesteps Frasers over new management incentive plan
By
Bloomberg
Published
November 28, 2025
British fast-fashion retailer Boohoo Group Plc will bypass major shareholder Frasers Group Plc on a new management incentive plan, as it pushes ahead with its turnaround efforts.
The group behind Debenhams.com and Boohoo.com said that while sidestepping a key shareholder on a pay plan runs against usual corporate-governance practice, the decision was justified because Frasers has repeatedly sought to disrupt the company’s strategy and future success.
Representatives for Frasers didn’t immediately respond to a request for comment.
The move comes as Boohoo reported a 23% drop in first-half revenue, missing analyst estimates. Still, its gross margin was ahead of expectations and the company sees earnings before interest, taxes, depreciation and amortization growing in the double digits next year.
Shares of Boohoo jumped as much as 24% in early London trading, the most on an intraday basis since April. They had lost about two-thirds of their value this year through Wednesday’s close.
“The turnaround plan is coming together at pace,” analysts at Panmure Liberum said in a note. “When top line growth returns this is well set for very strong EBITDA margins and cash generation.”
Boohoo said it wants a new program because incentives didn’t include chief executive officer Dan Finley or chief financial officer Phil Ellis — despite both being central to delivering the company’s turnaround. Payouts will be triggered at various market capitalization milestones, starting from when the stock triples from its current baseline level, Boohoo said.
The decision not to consult Mike Ashley’s Frasers Group is the latest development in a long-running spat that includes wrangling over board representation. Earlier this year, Ashley voted against Boohoo’s move to rebrand itself as Debenhams Group.
When Boohoo bought Debenhams out of administration in 2021, it shut the chain’s unprofitable stores and relaunched it as a marketplace featuring around 10,000 fashion, home and beauty brands.
The company is also reviewing other parts of its portfolio, including a potential sale of its PrettyLittleThing brand, and is consolidating warehouse operations.
Published
January 16, 2026
New addition at Interjeans: following last year’s arrival of German athletic-luxury brand Bogner, the San Marino-based company in Rovereta, founded in 1992 by Andrea Belletti, is expanding its brand portfolio and has outlined its growth plans to FashionNetwork.com.
“Last November we signed a distribution agreement for the Italian market with Belstaff: a storied brand with motorcycling roots, founded in England in 1924, which I am sure will be a must-have once again. For 2026 we expect encouraging results, driven in particular by this addition,” said Belletti.
“As for Interjeans, we are not considering any company-owned stores beyond the one in Riccione,” the manager continued. “We remain true to our roots, focusing on distribution, but we would like to develop a shop-in-shop format with key customers that would allow us greater control over the product assortment, layout and communication. We are currently present with Lyle & Scott and Superdry in Rinascente and Coin, via concessions, but we would like to extend this format to include Belstaff as well,” Belletti continued.
Interjeans, which closed 2025 with turnover of €39 million, distributes in Italy the brands G-Star Raw, Lyle & Scott, Dr Denim, Karl Lagerfeld (three lines), Bogner, O’Neill, the Greek womenswear brand BSB, and Superdry.
Julian Dunkerton, CEO of the British clothing brand he founded in 2003 in Cheltenham—a label that blends American preppy-vintage style with English elegance—presented the new Superdry collection. It stands out for its clean lines, perfect balance and refined functionality.
Speaking to FashionNetwork.com, the entrepreneur revealed he is very pleased with the results achieved after a major reorganisation.
Dunkerton described it as a “massive shake-up” that has returned the company to profit.
“We have worked hard on the collections and distribution, reviewed the structure, and delisted from the stock market. Today, I feel we are on the right path: there is consistency and a clear awareness of who we are. Our presence at Pitti is fundamental; it is the most important international event in the industry and for us it truly represents the place to be. Next year, I would like to double the size of our space and bring our womenswear offer to Florence as well, which now accounts for 50 per cent of the total. In addition, we plan to open 24 Superdry stores in 2026 with a completely revamped store format that emphasises our British heritage and offers a lighter, brighter, higher-quality aesthetic. We will operate through both franchise agreements and direct management, predominantly in the UK,” concluded the Superdry founder.
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Published
January 16, 2026
Pierpaolo Piccioli seems intent on exploring how far the relationship between sport and tailoring can be pushed. On Thursday, the French fashion house unveiled and launched for sale, on its website and in its boutiques, a collaboration with the NBA, the U.S. basketball league. At the same time, ahead of the Milan and Paris Fashion Weeks, it presented its lookbook for Autumn 2026.
“I believe that sport is one of the most powerful ways of expressing values such as excellence, integrity and respect. On a pitch or court, people from different backgrounds, cultures and abilities come together under the same rules and with the same goals,” said the creative director of the Kering group house, in a press release.
“This shared space creates a heightened sense of connection and focus, reminding us of the discipline, commitment and intensity that define sport at its highest level.”
For the NBA line, that commitment is expressed through key sportswear pieces reinterpreted in materials such as leather, satin, cotton poplin and Japanese denim, and, in addition to black, in the NBA’s historic colours: red, blue and white. The brand adopts sporting codes by marking T-shirts and coach jackets with the number 10, a nod to the address of its headquarters on Avenue George V in Paris, or with a stylised “B” on the back or over the heart.
But sport permeates the Balenciaga universe well beyond this. The brand’s Autumn 2026 proposal, captured in the streets and métro of Paris by photographer Robin Galiegue, explores the potential of imposing tailored pieces, echoing the house’s past designs, such as cashmere capes and neo-gazar coats, which the creative director is working to revive.
Today, Piccioli goes further and pairs them with techwear pieces. Heavy wool coats and oversized leather jackets are worn over a shorts-and-leggings duo crafted from Probody fabric, which offers moisture-wicking, breathability and antibacterial properties. In the age of wellbeing, this trend runs through most of the looks in the Autumn 2026 collection.
The designer has not forgotten the importance of accessories, either. While these creations are designed for training or yoga, they are also accompanied by a new bag model, the 7, patinated crystal jewellery and exceptional shoes from a collaboration with Manolo Blahnik.
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