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American brand Under Armour appoints Reza Taleghani as new CFO

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American brand Under Armour appoints Reza Taleghani as new CFO



Under Armour, Inc. (NYSE: UAA, UA) today announced that Reza Taleghani will join the company as Executive Vice President (EVP) and Chief Financial Officer (CFO) in February 2026. He will succeed David Bergman, a 21-year Under Armour veteran, who will step down as CFO and remain with the company through the first quarter of fiscal 2027 to ensure a seamless transition.

“Dave’s leadership, financial discipline, and unwavering commitment have been instrumental in shaping Under Armour’s success and resilience over more than two decades,” said Kevin Plank, Under Armour President and CEO. “As we enter a crucial time for the brand, we are deeply thankful for his many contributions and his partnership in ensuring a smooth transition. Reza brings a global perspective, strong financial expertise, and a strategic mindset that align perfectly with our goals for Under Armour’s next chapter. His leadership will be essential as we strengthen our foundation, drive growth, and unlock the full potential of our brand for athletes and shareholders around the world.”

Under Armour has appointed Reza Taleghani as EVP and CFO, effective February 2026, succeeding long-time CFO David Bergman, who will stay through Q1 FY2027 for transition.
Taleghani joins from Samsonite, where he led major financial and operational improvements.
He brings over 25 years of global finance experience to support Under Armour’s next growth phase.

“I am honored to join Under Armour at such a significant and energizing moment in its growth,” said Reza Taleghani. “This is an iconic company with a strong foundation, a passionate team, and an unwavering focus on performance and innovation. I look forward to working closely with Kevin and the leadership team to advance our strategic priorities, improve financial results, and create long-term value for our teammates, athletes, and shareholders.”

Reza Taleghani – Background  

Mr. Taleghani has more than twenty-five years of global financial and operational leadership experience. He joins Under Armour from Samsonite Group S.A., where he has served as EVP and CFO since 2018, overseeing global finance, accounting, investor relations, treasury, internal audit, and mergers and acquisitions. During his tenure, he led major financial and operational transformations, resulting in record gross margins and EBITDA margins.

Before joining Samsonite, Mr. Taleghani served as President and CFO at Brightstar Corp., a SoftBank portfolio company, where he led its device protection and financial services divisions and managed key international acquisitions. He spent over 15 years at J.P. Morgan, holding senior roles in investment banking, commercial banking and asset management, and served as President and CEO of Sterling Airlines A/S in Copenhagen. Mr. Taleghani earned a JD/MBA from Villanova University and dual bachelor’s degrees from Brown University. 

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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3% export incentive for Bangladesh RMG SMEs under new package

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3% export incentive for Bangladesh RMG SMEs under new package



Bangladesh Bank (BB) recently announced a comprehensive package of export incentives and cash assistance across 43 sectors to boost exports. Domestic textile units will receive 1.5-per cent alternative cash assistance in lieu of duty drawback or bonded warehouse facilities.

The newly announced rates will apply to goods shipped between January 1 and June 30, 2026.

Bangladesh Bank has announced a package of export incentives and cash assistance across 43 sectors to boost exports.
Domestic textile units will receive 1.5-per cent alternative cash assistance in lieu of duty drawback or bonded warehouse facilities.
The new rates will apply to goods shipped between January 1 and June 30, 2026.
SMEs in the garment sector are eligible for a 3-per cent incentive.

This maximum 10-per cent rate is allocated to several sectors, including diversified jute products, leather goods, processed agricultural products and light engineering products.

Exporters targeting the eurozone will receive an additional 0.50 per cent. Small and medium enterprises (SMEs) in the garment sector are eligible for a 3-per cent incentive.

Entities within the Bangladesh Economic Zones Authority, Bangladesh Export Processing Zones Authority and high-tech parks are eligible for incentives ranging from 0.5 per cent to 2 per cent, depending on the category of the goods and the nature of the industry, according to domestic media reports.

Fibre2Fashion News Desk (DS)



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Sri Lankan garment manufacturers get unprecedented access to UK market

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Sri Lankan garment manufacturers get unprecedented access to UK market



Sri Lankan garment manufacturers secured unprecedented access to the UK market under liberalised trade rules beginning January 1, according to the British High Commission in Colombo.

They are now allowed to source up to cent per cent of inputs from any country while maintaining tariff-free access to the United Kingdom.

Sri Lankan garment manufacturers secured unprecedented access to the UK market under liberalised trade rules beginning January 1.
They are now allowed to source up to cent per cent of inputs from any country while maintaining tariff-free access to the UK.
There are fewer processing requirements now, removing the previous rule that two significant manufacturing processes must take place in Sri Lanka.

Hence, there are fewer processing requirements now, removing the previous rule that two significant manufacturing processes must take place in Sri Lanka, a statement by the High Commission said.

The liberalised rules also include the creation of an Asia Regional Cumulation Group of 18 countries applicable to all other exports from Sri Lanka.

“By simplifying rules of origin, we are supporting Sri Lanka’s economic growth by improving market access to the UK and helping to further diversify exports,” the British High Commissioner to Sri Lanka Andrew Patrick said.

“We recognise Sri Lankan government’s ambition for export growth and continue to advocate for improved utilisation of the scheme,” he said.

Sri Lanka’s Joint Apparel Association Forum (JAAF) welcomed the decision.

The United Kingdom is now Sri Lanka’s second-largest garment export market, valued at nearly $675 million.

Fibre2Fashion News Desk (DS)



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Pitti Uomo: Rag & Bone renaissance with Swain Hutson

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January 14, 2026

One brand, and designer, enjoying a renaissance at Pitti Uomo is Rag & Bone, where newly installed creative director Swaim Hutson showed his debut collection for the house. 

Swaim Hutson
Swaim Hutson – Courtesy

 
After several years where the brand seemed to stand still, there was plenty of fresh momentum at its stand inside Pitti. From fabric choices and color, to proportion and attitude.
 
“I don’t want to obviously steer away from the DNA of what Rag & Bone has stood for over the years and what Marcus and David started. It’s about keeping the DNA – starting with workwear, denim obviously and then tailoring,” said Hutson, referring to the brand’s two UK founders and cohort, Marcus Wainright and David Neville. 

So, Hutson took those three categories “and just put them in a blender and mashed them up,” for fall 2026. 
 
“That’s the way the modern man dresses, and definitely the way guys in New York are dressing now,” underlined Hutson, pointing to a smart blazer worn with rugby jersey and track pants. 

Rag & Bone fall/winter 2026
Rag & Bone fall/winter 2026 – Courtesy

Much of Rag & Bone’s suiting is made in Portugal, like an increasing number of brands. Hutson comes from a more tailoring background, but was “determined not to be stuffy,” so he mixes lots of suiting separates with sportswear. 
 
Asked what brief did he get when you got the job, he deadpans: “What did Mr. Andrew Rosen tell me? He told me a lot. Nothing major, just more of the history of the brand and that there were no restrictions,” said Swain referring to the famed New York fashion entrepreneur and brand’s de facto CEO.
 
Rag & Bone began life back in 2002 with a pair of raw denim jeans, and Hutson has gone back to a rawer denim aesthetic, with R&B Raw, proprietary to the brand. A new treatment where you wash jeans 20 times without destroying the raw aesthetic, while keeping the fabric soft and supple.
 
“So, it doesn’t feel like wearing sandpaper. It’s raw denim, but modernized for today’s work,” said Hutson.

Rag & Bone fall/winter 2026
Rag & Bone fall/winter 2026 – Courtesy

 
Swaim brings nearly two decades of experience in international menswear to the role. He first won attention by founding Obedient Sons in New York- going on to become a CFDA/Vogue Fashion Fund finalist. He then held creative director roles at 3.1 Phillip Lim, Club Monaco, and Generra. Before later launching The Academy New York, a label that has established itself within the fashion, art, and music communities.
 
His plan for mixing suiting, denim and outerwear at Rag & Bone led to pairing a denim shirt under a suit jacket, as opposed to wearing an Oxford shirt. The subtle change of style comes as Rag & Bone is upping its efforts in Europe. Today, Rag & Bone is controlled by the WHP Global group, which also includes Vera Wang, Isaac Mizrahi, G-Star and Joseph Abboud.
 
Hutson was born in North Carolina, making him, as they say, a Tarheeler, but now resides in the Brooklyn Navy Yard district.
 
This year, the brand will open a new boutique in Dubai, following on from a fresh store in Amsterdam, adding to one in Germany, and two in London, for a chain of some 30 boutiques. The brand remains primarily a wholesale business though, with over 700 doors and annual revenues hover around $300 million.
 

Rag & Bone fall/winter 2026 collection
Rag & Bone fall/winter 2026 collection – Courtesy

Rag & Bone originally began as men’s brand, but today women’s wear accounts for 60% revenues, with menswear at 40%.
 
The brand’s other big focus is a project called “Miramar”, a fresh denim aesthetic that is very soft, almost like terry cloth, with lots of looks ideal for travel. 
 
“We’ve opened a couple of small Miramar stores. One is about 600 square-foot inside Moynihan Train Hall, opposite Penn Station which is beautiful. And it’s done tremendous business,” he enthuses about the new Manhattan retail hub.
 
In Pitti, Hutson also showed some strong new colors with bold reds and plaids. Plus, he impressed with more probable proportions – from short, plaid shirt jackets to some really cool faded blue chalk stripe looks. Seen in deconstructed jackets and a natty urban redingote, finished with neat RB logo buttons.
 
Next up, one suspects is a return to the catwalk for Rag & Bone after a hiatus of several years. 
 
“We’re talking about it. It wouldn’t hurt. It’s just about the leadership being confident in what designs we put out. I would love to do a show. I think New York deserves it, and we’re a New York brand, you know,” he concludes.

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