Fashion
Kidswear specialist Mori acquires Storksak and Babymel
Published
September 3, 2025
UK-based acquisition-hungry baby- and childrenswear business Mori has bought premium baby-changing-bag specialist Storksak as the brand aims to expand in the UK and in the US.
Importantly, the buy comes with its sister brand Babymel, a specialist market operator, giving the new owner access to a wider untapped audience.
The earlier acquisition of childenswear retailer Kidly (in April) also “reinforced [our] mission, introducing design-led products that support families through every stage of their parenting journey”.
This latest strategic acquisition “brings together two category-defining names in the baby and kids’ market, as well as marking a significant milestone in Mori’s vision to become one of the leading and most-loved brands in the parenting and childrenswear space”, said Mori founder and CEO Akin Onal.
“Our shared values of quality, timeless design, and supporting parents made this an natural alignment. This acquisition builds on the momentum from our Kidly acquisition earlier this year and represents another step in Mori’s long-term mission to support families through quality, sustainable products.”
It added that “uniting two well-loved family brands allows us to accelerate our growth, starting with digital expansion in the UK, continuing to scale in the US market , and extending into physical retail and wholesale. We see a huge potential to broaden our reach, strengthen our product offering and deliver even more value to our customers.”
The acquisition builds on Mori’s momentum in 2025, a year that marks the brand’s 10th anniversary. Mori currently operates across D2C, wholesale and retail, with a flagship store in Battersea and additional locations in Notting Hill and Westfield London.
Mori’s latest London store opened in August in Hampstead, “further strengthening its retail footprint, giving more families the chance to experience the brand in person”.
The brand’s also stocked with Next, M&S, John Lewis and Harrods in the UK and Bloomingdale’s and Nordstrom in the US.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
‘Made in Italy’: Yves Saint Laurent, Givenchy named among 13 luxury giants suspected of exploiting Chinese workers
By
AFP
Published
December 5, 2025
Thirteen further leading luxury brands, including Gucci, Versace and Yves Saint Laurent, are suspected of having used subcontractors in Italy who exploited Chinese workers, according to a request issued on Thursday by the Italian judicial authorities.
In a request for information seen by AFP, a prosecutor in Milan said they had found bags, wallets and garments from these brands during searches of Italian workshops employing ‘Chinese labour in severely exploitative conditions’.
Thursday’s proceedings concern brands from the French group Kering (Gucci, Yves Saint Laurent and Alexander McQueen), Givenchy (LVMH group), as well as Prada and its new acquisition, Versace, along with Ferragamo, Pinko, Dolce & Gabbana, Missoni, Off-White, leather goods maker Coccinelle, and the sportswear giant Adidas.
The Milan prosecutor is asking the brands, which are presumed innocent, to provide documents on their supply chains promptly, such as internal audits.
Other leading names have already been singled out by the Italian judiciary in similar cases: Dior, LVMH’s second-largest brand, the leather goods houses Tod’s and Alviero Martini, as well as an Armani subsidiary and cashmere specialist Loro Piana.
Poverty pay, workers sleeping in the workshop to produce items sold for thousands of euros: investigations carried out by the Milan public prosecutor’s office have revealed a serious lack of oversight across supply chains.
Under Italian law, companies can be held liable for violations committed by authorised suppliers. Advocates for fashion workers have been denouncing such abuses for decades.
The Italian government has gone on the offensive to defend its brands, with the Minister for Industry and ‘Made in Italy‘, Adolfo Urso, declaring that their reputation was ‘under attack’.
Tod’s, after denying any irregularities, was given an 11-week period by a Milan judge on Wednesday to strengthen its system for monitoring suppliers.
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Published
December 5, 2025
Stitch Fix Inc. announced on Thursday sales for the first quarter rose 7.3% to $342.1 million, with an increase in order revenue per customer offsetting a dip in active customer numbers.
The San Francisco-based company said active client numbers fell 5.2 % year-on-year to 2.307 million, while revenue per active client rose 5.3% to $559 during the three months ending November 1.
Despite the sales improvement, the subscription fashion company recorded a net loss of $6.4 million or diluted loss per share of $0.05 during the first quarter, unchanged on the prior-year period.
“Q1 was a strong start to the fiscal year—we accelerated year-over-year revenue growth to 7.3% and captured considerable market share gains,” said Matt Baer, CEO, Stitch Fix.
“As a result of the successful execution of our transformation strategy, we are increasingly becoming the retailer of choice for more of our clients’ apparel and accessories needs. We are doing this by leveraging the latest in GenAI technology, the expertise of our human Stylists, and our assortment of leading brands to deliver the most client-centric and personalized shopping experience.”
Looking ahead, the company said it expects full-year revenue to land between $1.32 billion and $1.35 billion, up 4.2% to 6.5% year-on-year.
Copyright © 2025 FashionNetwork.com All rights reserved.
Published
December 4, 2025
Inditex’s sports and leisure chain has made its debut in the German capital. Oysho has opened a new store at 2–3 Hackescher Markt, in the central Mitte district and just a few steps from the emblematic Alexanderplatz. The opening forms part of the brand’s global growth strategy, which has seen it enter the Netherlands for the first time and strengthen its presence in markets such as the United Kingdom and France in recent months.
Covering almost 400 square metres across two floors, the store showcases a warm, light-filled design, in keeping with the brand’s hallmark technical and functional ethos. It occupies a listed building with a wide glass façade opening onto the square, creating a contemporary, minimalist atmosphere.
This new space offers a broad selection of Oysho’s collections, including its ski and après-ski capsule, outerwear and the Warm line, all available on the ground floor, while the first floor brings together athleisure, basics, tops and leggings. The store also features the chain’s Studio line, intended for activities such as Pilates, barre and yoga, and a dedicated running area equipped with accessories and fitting rooms.
To coincide with the opening, the brand has launched its Oysho Community in Germany, a free programme of sporting activities that includes a weekly running club setting off from the store, partnerships with local gyms via Partner Studios and a series of special seasonal sessions.
Founded in 2001 and headquartered in Tordera, the chain entered the German market in 2022 with the opening of a store of around 300 square metres at the Westfield Hamburg-Überseequartier shopping centre. With this Berlin opening, it now operates two company-owned stores in the country. Globally, as at the end of 2024, the brand had a network of 396 stores, including company-owned and franchised locations, as well as an online presence in around 220 markets.
Financially, Oysho closed 2024 with turnover of 831 million euros, up 11.8% year on year. The Inditex conglomerate, which also owns Zara, Zara Home, Pull&Bear, Lefties, Stradivarius, Massimo Dutti and Bershka, recorded a 7.5% increase in turnover over the same period, reaching 38.632 billion euros. During the first nine months of the current financial year, the group chaired by Marta Ortega increased its sales by 2.7%, reaching 28.171 billion euros.
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