Fashion
Ulta Beauty expands internationally with first stores in Mexico

Published
September 4, 2025
Ulta Beauty has expanded internationally with the opening of its first stores in Mexico.
Last month, the U.S.-based beauty giant debuted at Antara Fashion Hall in Mexico City, followed by a second location at Galerías Metepec. Additional stores are set to open across the country throughout 2025 including stores in Guadalajara, Monterrey, León and Tijuana.
The expansion marks Ulta’s first brick-and-mortar presence outside the United States and reflects the retailer’s long-term commitment to expanding its global footprint and bringing the Ulta Beauty experience to new markets worldwide.
It partnered with Axo to bring its shopping experience to Mexican consumers.
“Entering Mexico represents a bold and exciting step for Ulta Beauty as we bring our unparalleled assortment and inclusive shopping experience to beauty lovers in this significant international market,” said Kecia Steelman, president and CEO of Ulta Beauty.
“We’re thrilled to partner with Axo to share the brands and services our guests already know and love, while also celebrating and tailoring our offering to the vibrant beauty community in Mexico.”
The new stores will carry a curated mix of exclusive brands, fan-favorite products and new discoveries across makeup, skincare, haircare, fragrance and wellness. More than 35 brands will be available in Mexico for the first time, including exclusives such as Isima by Shakira, Peach & Lily, Orebella and Ulta Beauty Collection. Local offerings will feature Ahal, AloeVida, Bailando Juntos by Yuya and Sarelly Creativo Lab by Anna Sarelly.
“Mexico is home to one of the world’s most dynamic and passionate beauty communities,” said Andrés Gómez, CEO and chairman of the board at Grupo Axo. “We are proud to partner with Ulta Beauty to bring their one-of-a-kind retail experience to our market. Together, we look forward to inspiring guests with a fresh vision of beauty, powered by community, service, and innovation.”
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Fashion
Sri Lanka’s garment exports rise 9% to $2.85 bn in Jan-Jul 2025

During the first seven months of ****, textile exports eased by *.* per cent to $***.* million. Over the same period, exports of other manufactured textile articles increased by ** per cent, totalling $** million, as reported in the Central Bank**;s publication External Sector Performance – July ****.
Combined exports of textiles, garments, and other manufactured textile articles accounted for **.** per cent of all industrial exports from Sri Lanka during the seven-month period. Total textile product exports amounted to $*,***.* million between January and July ****, while the country’s overall industrial exports were valued at $*,***.* million for the same period.
Fashion
Italy’s Brunello Cucinelli posts €684.1 mn H1 revenue, profit up 16%

The net profit surged 16 per cent to €76.7 million (~$89.7 million), representing 11.2 per cent of sales, and the operating income amounted to €113.8 million (~$133.1 million), with a margin of 16.6 per cent.
Brunello Cucinelli has closed H1 2025 with revenues up 10.2 per cent to €684.1 million (~$800.4 million).
EBIT was up 8.8 per cent to €113.8 million (~$133.1 million), and net profit rose 16 per cent to €76.7 million (~$89.7 million).
Growth was broad-based across regions and channels.
The company expects revenue growth of around 10 per cent in both 2025 and 2026.
Region-wise, Europe saw an increase of 10 per cent YoY to €243.2 million, Americas sales went up 8.7 per cent to €245.3 million, and Asia led the revenue with a 12.5 per cent rise to €195.7 million. Retail revenues advanced 10.3 per cent to €435.8 million, while wholesale sales gained 10.1 per cent to €248.3 million.
The company accelerated its 2024–2026 investment plan, completing key projects a year ahead of schedule, including the doubling of its Solomeo factory. Total investments reached €63.5 million versus €44.8 million last year, Brunello Cucinelli said in a press release.
Payroll costs rose 11 per cent to €125.6 million as the workforce expanded to 3,283 employees, driven by increased artisanal and boutique staff. Despite higher lease and depreciation costs, the company maintained a solid financial structure, with net debt at €197.2 million, reflecting both investments and €68.8 million in dividends paid.
“We have closed the first half of 2025 with excellent results both in terms of revenue and profit, achieving the sound and gracious growth that we greatly value. Our aim has been to dignify manual work, conducting business with full respect for the moral and economic dignity of the human being,” said Brunello Cucinelli, executive chairman and creative director of the company.
“The Fall–Winter sales season has indeed begun very well, as has the order intake for Men’s and Women’s collections for the forthcoming Spring–Summer 2026. All of this, together with the pleasant atmosphere surrounding our brand, enables us to work with peace of mind and to envisage closing 2025 with healthy growth in revenue of around 10 per cent, accompanied by sound profits, and to look ahead to 2026 with the expectation of similarly balanced growth, again in the region of 10 per cent,” added Cucinelli.
The brand also highlighted its global presence with boutique expansions, including new locations on Sloane Street in London and in Vienna, and exclusive events at Harrods and Gstaad, reinforcing its premium positioning, added the release.
Brunello Cucinelli expects to close 2025 with revenue growth of around 10 per cent, supported by strong sales trends in July and August and a successful Fall–Winter 2025 launch. Upcoming showcases in Japan and Korea are set to further consolidate global reach. The Spring–Summer 2026 campaign has been well received—men’s collections completed with strong orders, while women’s are still being collected but with highly favourable feedback. Management anticipates similar balanced growth of around 10 per cent in 2026, with healthy profitability.
Fibre2Fashion News Desk (SG)
Fashion
US Upland cotton sales up 36%, Pima down this week: USDA

According to the US Department of Agriculture’s (USDA) weekly export sales report, sales were mainly to Vietnam (109,700 RB, including 4,300 RB switched from Nicaragua, 1,300 RB switched from Thailand, and a decrease of 100 RB), India (53,800 RB), China (35,200 RB), Bangladesh (31,900 RB), and Mexico (6,900 RB), partly offset by reductions for Nicaragua (4,300 RB).
US net sales of Upland cotton rose 36 per cent week-on-week to 245,000 running bales (RB) for 2025–26 during the week ending August 28, 2025, led by Vietnam, India, China, Bangladesh and Mexico, according to USDA.
Export shipments totalled 154,700 RB, mainly to Vietnam.
Pima cotton sales fell to 1,600 RB from 3,900 RB, while shipments reached 4,400 RB, with India the top destination.
Export shipments of Upland cotton totalled 154,700 RB, primarily destined for Vietnam (82,800 RB), Pakistan (17,500 RB), Mexico (11,000 RB), Honduras (6,600 RB), and India (6,300 RB).
Net sales of Pima cotton amounted to 1,600 RB for 2025–26, down from 3,900 RB the previous week. The main buyers were India (1,100 RB), Peru (400 RB), and Indonesia (100 RB), partly offset by reductions for Switzerland (200 RB).
Export shipments of Pima totalled 4,400 RB, mainly to India (2,500 RB), Egypt (700 RB), Peru (500 RB), Indonesia (300 RB), and Slovenia (100 RB).
Fibre2Fashion News Desk (KUL)
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