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Marc Cain names Marc O’Polo’s Patric Spethmann its new CEO

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Marc Cain names Marc O’Polo’s Patric Spethmann its new CEO


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December 10, 2025

German womenswear brand Marc Cain has named a new CEO and it’s clearly preparing well in advance as he’ll take the reins of the business as of June next year.

Dr. Patric Spethmann – MARC O’POLO

He’s Dr Patric Spethmann, who will be responsible for all areas of the business. Helmut Schlotterer, founder and owner of Marc Cain, will remain chairman of the board, “primarily to mentor Patric Spethmann and act as a coach and advisor”.

So what is it about Spethmann that made the company (whose products are available internationally include the US and UK) pick him? He joins from Marc O’Polo, where he most recently held the position of COO. There, his focus was on “optimising internal processes, increasing the efficiency of workflows and organising structures”.

“In Patric Spethmann, we have gained a leader who brings with him many years of experience in the industry. Together, we will set the course for maintaining our brand and values and strategically driving them forward. This puts us in an excellent position for the future and enables us to respond quickly and efficiently to the challenges of the new era,” Schlotterer said.

And Spethmann added: “I am very much looking forward to joining Marc Cain in June 2026. As a leading player in the field of premium women’s fashion, I am particularly impressed by the company’s extraordinary innovative strength and its clear focus on forward-looking technologies. This combination of creativity, quality and progressive thinking makes Marc Cain, in my opinion, a company that sets trends for the entire industry.”

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Stella McCartney & H&M collection previewed at Fashion Awards London

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Stella McCartney & H&M collection previewed at Fashion Awards London



On 1 December, stars from the fashion, tech and music worlds unveiled a first glimpse of the upcoming Stella McCartney H&M collaborative collection, at the Fashion Awards in London.

Amelia Gray, Anitta, Emily Ratajkowski, Yasmin Wijnaldum, Bel Priestley, Alton Mason and Kiara Nirghin were all in attendance, dressed in looks from the upcoming collection.

Celebrities including Amelia Gray, Anitta, Emily Ratajkowski, Yasmin Wijnaldum, Bel Priestley, Alton Mason and Kiara Nirghin showcased looks from the upcoming Stella McCartney x H&M collection in London.
The designs drew on McCartney’s archive, with 00s-inspired lace, sparkle and sculptural silhouettes, celebrating her sustainable, joyful design codes.

The collection celebrates McCartney’s design DNA, with signature styles and house codes pulled from chapters in the story of her brand. The archive mood informed the red-carpet looks, with various pieces nodding to McCartney’s 00s signatures, including lace and sparkles.

Emily Ratajkowski wore black mini dress with draped cape detailing across the shoulders. Amelia Gray wore a sparkly lace and crystal-effect mini dress in beige. Anitta wore a custom-made twist on an upcoming collection item: a floor-length red gown with a stunning looping silhouette that connects shoulder to hemline.

“It was an honour to wear this amazing look and give people a sneak peek of the Stella McCartney H&M collection. I felt amazing in red. This feels like another perfect match, between two very beloved brands.”– Anitta.

“London, Stella’s home city, is the perfect place to give people a first glimpse of what’s to come in the Stella McCartney H&M collection. Stella’s designs have changed the course of fashion history: they championed sustainable practices long before that conversation became mainstream. Her work is always joyful, playful, energetic.” – Ann-Sofie Johansson, H&M.

The Stella McCartney H&M collection will launch in stores and online in spring 2026.

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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CAI seeks scrapping of India’s 11% cotton duty to protect industry

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CAI seeks scrapping of India’s 11% cotton duty to protect industry



India’s leading cotton trade body has called for the immediate removal of the 11 per cent import duty on raw cotton, warning that the domestic textile industry is losing competitiveness due to costlier Indian cotton and rising minimum support prices (MSP). The government has exempted duty-free cotton imports until December 31 this year, but the industry wants the duty removed permanently.

The Cotton Association of India (CAI) said the industry is passing through one of its worst phases, with high domestic cotton prices preventing Indian mills from benefitting from free trade agreements (FTAs) with partner countries.

India’s cotton trade body has urged the government to permanently remove the 11 per cent import duty on raw cotton, warning that high MSP, low productivity and elevated domestic prices are eroding mill competitiveness and hurting exports.
CAI said duty restoration after December 2025 could worsen unemployment, bad debts and industry stress.

High MSP, low domestic productivity and elevated input costs have made Indian cotton significantly more expensive than global prices. As a result, mills are unable to compete with international suppliers, while spinners and fabric manufacturers face continuous margin pressure. The 11 per cent duty, introduced during COVID-19, has outlived its purpose and is now distorting the market, the CAI said in a press release.

CAI warned that the industry’s distress has also begun affecting cotton traders and ginners, with delayed payments and rising bad debts across the value chain. The association noted that the only sustainable solution is to ensure the availability of competitively priced raw cotton, which requires urgent duty removal.

The press release further stated that India’s textile exports are suffering due to global recessionary conditions and uncertainty in Europe. CAI said that if raw cotton imports become costlier after December 2025, unemployment, loan defaults and financial stress across mills could intensify.

The association also linked duty removal to policy goals, noting that the Textile Ministry’s target of achieving $100 billion in textile and apparel exports by 2030 will only be feasible if mills receive raw material at competitive rates. It added that India historically had zero import duty on cotton with no adverse impact on farmers.

CAI cited abnormal seasonal rains this year, which damaged cotton quality and forced mills to depend more heavily on imports. If the duty is not removed permanently, the association cautioned that buyers may shift to rival manufacturing hubs such as Vietnam, Bangladesh, Pakistan and other markets—leading to a long-term loss of India’s global market share.

CAI president Vinay N Kotak urged the government to intervene immediately, stating that permanent removal of the 11 per cent duty is critical for the survival of the entire cotton and textile value chain. The association concluded that only with competitive raw cotton can India fully utilise FTAs, attract global orders and strengthen its position in the textile supply chain.

Fibre2Fashion News Desk (KUL)



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Will Frasers Group relaunch Matchesfashion next year?

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Will Frasers Group relaunch Matchesfashion next year?


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December 11, 2025

It looks like Frasers Group may be planning to relaunch Matchesfashion in 2026 although it’s not a dead cert and there’s been no confirmation from the company.

Matchesfashion

A report said the Matchesfashion.com website was back online with the words “relaunching 2026” under the name. But the situation is unclear as all that’s there as we published this story was an almost-empty page in the brand’s familiar green tone with no mention of a relaunch date.

A relaunch wouldn’t exactly come as a shock, although the speed with which Frasers had earlier closed the business did surprise some.

Frasers acquired the business out of administration for a reported £52 million just before Christmas 2023 but put it into administration in March 2024, citing the enormity of the task to turn it around. 

Matches — which began as a physical retailer — had been one of the pioneers of luxury online retail and once had a valuation of around £800 million. But a succession of CEOs failed to turn it into a digital-first business that was able to make a profit.

Its struggles came at the same time as other pioneers such as Farfetch and Net-A-Porter encountered their own profitability problems.

But despite the problem with online luxury real, the big names in the sector remain valuable properties with a high profile. Coupang’s acquisition of Farfetch and LuxExperience’s purchase of Yoox Net-A-Porter highlighted how in-demand they are.

As for Matchesfashion, there had been rumours of a comeback for it and in May, The Times reported that Frasers was working on a “members-only Matches Fashion relaunch” and that it had seen an “internal pitch deck” suggesting the luxury fashion webstore could be turned into what it described as the “Soho House of retail”.

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