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Eleventy: Revenue at €127 million, Chicago store opening imminent, push in the US and Asia

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Eleventy: Revenue at €127 million, Chicago store opening imminent, push in the US and Asia


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January 20, 2026

From its elegantly appointed 1,000-square-metre showroom at 11 Via Uberto Visconti di Modrone in Milan, which showcases the brand’s entire universe, high-end clothing and accessories label Eleventy presented its Autumn-Winter 2026/27 collection, marked by colours new to the house, an expanded assortment—especially in footwear—and the use of new raw materials such as vicuña, as revenue stabilises and new store openings are readied, starting in Chicago.

Eleventy, Autumn-Winter 2026/27

“It’s an important year for us, one in which we wanted to reinvent ourselves, because we believe it’s right to go back to being special,” Marco Baldassari, who continues to lead the brand he owns as CEO, tells FashionNetwork.com. “We had certainly spent many years operating in our comfort zone, with light colours, which by now are no longer distinctive. So we wanted to introduce new, more sophisticated, darker colours and silhouettes that are new to us, to differentiate ourselves once again from what the market offers.”

“The inspiration for the collection,” Eleventy’s CEO continues, “begins with an inner journey of reconnection with nature, which becomes our stage.”

Brown, therefore, assumes a central role in Eleventy’s wardrobe, as do very deep, almost black greys—like the winter sky—alongside forest greens and burgundy.

“This change has been noticed and, I must say, warmly received by buyers, also because I think it’s right to rekindle the desire of a consumer who perhaps had found the market a bit flat, lacking truly new propositions, where everything seems interchangeable,” the entrepreneur notes.

“It’s one of the contributing factors to this global downturn in fashion and luxury sales. More than tariffs, which in my view have somewhat distracted from the real issue—the strengthening of the euro, alongside the weakening of the yen and the dollar—pricing has certainly played a part, and in many cases the end consumer has not found it justified. With a very balanced price-to-quality proposition, Eleventy has not been particularly affected by this phenomenon. I hope this new collection of ours will reignite a great deal of desire, because we have completely reinvented ourselves, including in terms of fit and aesthetic.”

Eleventy, Autumn-Winter 2026/27
Eleventy, Autumn-Winter 2026/27

Eleventy, which in late 2025 opened its first flagship in Lisbon, will continue its programme of monobrand openings in 2026. The most significant will be in Chicago, in the United States.

“The U.S. is our most important market, thanks also to the mentality of the American consumer, who tends to spend more and is more inclined to purchase than the European customer,” Baldassari observes.

Eleventy currently employs 200 people and has 18 monobrand stores managed directly from headquarters, plus 22 with franchise partners, for a total of 40 monobrand stores. In the multibrand channel, the Milan-based label is carried in around 300 carefully selected doors worldwide.

“To be special, and thereby sell a quality product, you also have to be more selective in distribution, sometimes sacrificing opportunities in favour of a longer-term vision,” the CEO said.

The womenswear collection is growing within Eleventy’s business; today it accounts for 25 per cent of revenue, with turnover rising to 127 million euros from approximately 100 million in 2024 (it was 43 million euros in 2022 and 65 million in 2023, ed.), with 18 per cent generated in Italy and 82 per cent abroad. After the US comes the Middle East, Europe overall, and Asia, where Baldassari highlights South Korea and Japan as growth markets, while China remains to be defined.

Eleventy, Autumn-Winter 2026/27
Eleventy, Autumn-Winter 2026/27

The agreement between the European Union and Mercosur to further liberalise trade between them “is certainly a new opportunity that we will not fail to evaluate with great attention and interest,” said the founder, in the presence of Gianmarco Tamberi, who has officially become Eleventy’s new brand ambassador.

“The choice of Gianmarco Tamberi is due to two fundamental reasons. First, we are Italian and we want to bring Italy to the world, which an athlete like him represents excellently. Second, the alignment of our respective values: to achieve the results we have, we have made many sacrifices, with hard work, consistency, commitment and discipline. These are all elements that unite our paths,” the founder continued.

Since in recent years fashion has first seen the rise of tennis-inspired style and then that of skiing (preceded about fifteen years earlier by golfwear and polowear), can athleticwear be trendy in the coming years as well?

In other words, will athletics succeed in conveying its values to the general public, as it has almost never managed to do in the past? “Achieving results certainly helps to spur similar developments,”  Tamberi replies.

“We were coming out of a period (from around 2000 to 2015) when athletics had a huge void of champions in Italy. Now something has shifted, especially since the Tokyo 2020 Olympics, after the famous five gold medals we managed to bring home. Results can allow the personalities who achieve them to emerge; otherwise it’s difficult to bring a movement to public attention. Today, many young people in athletics are coming through,” explains the high jumper, who in his discipline has won at least once everything there was to win, having been Olympic champion at the Tokyo 2020 Games, world champion in Budapest 2023, world indoor champion in Portland in 2016, and three-time European champion (2016, 2022, 2024), not to mention victories at the European Indoors and two Diamond League finals reached.

Eleventy, Autumn-Winter 2026/27
Eleventy, Autumn-Winter 2026/27

“The collaboration with Eleventy came about very naturally, as we share similar values,” confirms the Ancona-born athlete. “For a few years I had the honour of being a Giorgio Armani ambassador, whom I take this opportunity to thank and acknowledge. When that partnership ended, several companies came forward to have me as a testimonial, but I couldn’t find any that resonated with me and with what I want to represent and communicate. Then Marco Baldassari got in touch. And everything clicked into place naturally.”

Founded in Milan in 2007 by Marco Baldassari and Paolo Zuntini, joined in 2009 by Andrea Scuderi, and now majority controlled (65 per cent) by the Fashion Cube fund—a holding company composed of the VEI Capital fund and a Gulf financial group that controls all the sales networks of the high-end apparel and accessories company—Eleventy works exclusively with natural Italian materials and 100% made in Italy production. Present in more than 30 countries, it also has directly operated stores in cities such as Milan, New York, Paris, Tokyo, Seoul and Dubai.

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China boosts offshore wind capacity to speed up low-carbon transition

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China boosts offshore wind capacity to speed up low-carbon transition



China is developing several advanced offshore wind projects, fast-tracking its energy transition.

The country’s total wind power installed capacity hit 650 million kW at the end of February 2026—up by 22.8 per cent year on year (YoY), data from the National Energy Administration show.

China is developing several advanced offshore wind projects, fast-tracking its energy transition.
Its cumulative offshore wind installed capacity has surpassed 47 million kW, leading the world for five consecutive years.
China is now shifting its focus to deeper, more distant waters.
It has also developed a robust, clustered offshore wind industrial supply chain, with key hubs in coastal provinces.

Its cumulative offshore wind installed capacity has surpassed 47 million kW, leading the world for five consecutive years.

Generally, projects with water depths exceeding 50 metres are categorised as deep-sea offshore wind, and those over 65 kilometres from the shore as far-offshore wind.

China is now shifting its focus to deeper, more distant waters, where winds are stronger and more stable, but pose greater operational challenges.

In south China’s Guangdong Province, a major offshore wind farm project developed by China Huadian Corporation, situated off the coast of Yangjiang City, has started full-scale construction.

Located up to 89 km offshore, it will generate 1.6 billion kWh of clean power annually and reduce carbon emissions by 1.26 million tonnes upon completion, a state-controlled media outlet reported.

Meanwhile, in east China’s Shandong Province, the country’s deepest operational offshore wind farm has achieved full grid connection. The 504,000-kW project, developed by China Huaneng Group, operates in waters ranging from 52 to 56 metres deep, approximately 70 km offshore.

In south China’s Hainan Province, a pilot wind project has also commissioned its first grid-connected turbines, which are expected to generate 150 million kWh of clean power per year.

China has also developed a robust, clustered offshore wind industrial supply chain, with key hubs in coastal provinces like Guangdong, Jiangsu, Shandong and Fujian, covering turbine manufacturing, auxiliary equipment, construction and installation, and operation and maintenance services.

In Shantou, Guangdong Province, local authorities are exploring diversified utilisation models for offshore wind to build a world-class high-end offshore wind equipment cluster.

Key components for wind turbines, including generators, gearboxes, and bearings, are produced and assembled seamlessly within the industrial cluster, reducing long-distance transportation costs and the risk of damage.

The city also boasts a key offshore wind innovation hub, equipped with a training centre and an advanced wind turbine testing platform, which provides professional technical support and performance testing services for the global offshore wind industry.

In Yancheng, east China’s Jiangsu Province, China’s largest offshore wind industrial cluster has taken shape, with a complete supply chain. Its total wind turbine production capacity accounts for over 40 per cent of the national total, and blade production accounts for about 20 per cent of the country’s output.

During the 15th Five-Year Plan period (2026-2030), China aims at further developing large-scale offshore wind bases across the Bohai Sea, the Yellow Sea and the East China Sea, and steadily scale up deep-sea wind development.

The country targets over 100 million kW of cumulative offshore wind capacity by 2030.

Fibre2Fashion News Desk (DS)



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Sweden’s H&M & Stella McCartney return with nostalgic 2026 collection

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Sweden’s H&M & Stella McCartney return with nostalgic 2026 collection



H&M is proud to reveal all the looks in the upcoming Stella McCartney H&M collection. The collection will launch on 7 May, some twenty years after H&M’s first partnership with the acclaimed designer and campaigner. The first Stella McCartney H&M partnership – H&M’s second ever design collaboration – launched in November 2005. This new Stella McCartney H&M collection builds on that legacy. It reflects on the highlights of the house’s 25-year history, bottling McCartney’s pioneering and rule-breaking vision into a range of apparel and accessories.

The collection unites past and present, combining beloved current signatures, such as oversized shirting, sweeping trenches and sharp tailoring, with playful iconic hits from McCartney’s early archive, including bejewelled prints and slogan tops.

H&M unveils its new Stella McCartney collaboration, launching May 7, marking 20 years since their first partnership.
Blending archive-inspired designs with modern signatures, the collection features tailored pieces, statement prints and accessories.
With a strong focus on recycled and organic materials, it reflects McCartney’s legacy of innovation, sustainability and timeless style.

“I see this collection as a journey through my fashion history. It is a true mix of current classics and some of my old favourites that showcase my first forays into fashion and the development of my signatures. It’s playful, strong, sparkling, joyful, refined.” Stella McCartney.

Other key items in the collection include rib knitted dresses and tops with McCartney’s signature Falabella chain at the neck, and a long white gown with a cape-like sleeve that loops into the hem, giving the look of a sweeping circle of fabric. Also available are sparkling partywear, separates and denims, as well as mesh dresses and tops in a bold archival cherry-print. Offering an extra dose of nostalgia is a white mini tee embellished with studs reading ‘Rock Royalty’.

The accessories range is strong, and rich in bags. There will be six styles to choose from, including small, branded shoulder bags, giant totes and a timeless chocolate-toned bag with a chain-detail strap. This is one of several pieces in the collection that incorporate the Falabella chain, including necklaces and earrings, crafted in recycled metal in mixed tones, and loafers with chain detailing on the front.

The collection is defined by an approach to materials that prioritizes recycled content, organic cottons, wool certified to the RWS Standard and innovative usage of feedstock for coated materials, such as industrial corn and recycled vegetable oil.

Unveiled today is the collection’s campaign, shot by Sam Rock in London, and starring Renee Rapp, Angelina Kendall and Adwoa Aboah. The mood is playful yet effortless, nostalgic yet forward-thinking. Across the campaign, &Stella becomes the tagline for this special collaboration. Reinterpreted in myriad forms – &Here &Now &Me &You – it becomes a message about connection, care, and a way of being that speaks both this moment, and to the past, present, and future.

“Stella has always had a bold vision for fashion, and this collection tracks her journey from a young, rule-breaking voice to a master of timeless design. Every single piece in the collection is desirable and tells a unique and bold story.” – Ann-Sofie Johansson.

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 (JP)



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North India cotton yarn steady despite continued push by spinners

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North India cotton yarn steady despite continued push by spinners



The Delhi cotton yarn market remained stable, though demand from downstream industries was weak at elevated price levels. Garment demand in both domestic and export markets also remained sluggish. A trader from Delhi market told Fibre*Fashion, “Spinning mills are selling cotton yarn at an additional margin of at least ** per cent. They have a cushion of advance orders from other countries. Mills have export orders for the next ** months, so they do not need to sell in the domestic market. They are selling cotton yarn domestically at higher prices than export realisations.”

In Delhi, ** count combed knitting yarn was traded at ****;****** (~$*.***.**) per kg (GST extra), while ** count combed yarn was priced at ****;****** (~$*.***.**) per kg. Meanwhile, ** count carded yarn was traded at ****;****** (~$*.***.**) per kg and ** count carded at ****;****** (~$*.***.**) per kg, according to market sources.



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