Fashion
Pat McGrath Labs explores asset sale
Published
December 21, 2025
Pat McGrath Labs is undergoing a restructuring and recapitalisation process, according to multiple reports.
As part of the process, the company is reviewing its assets, with some — including its trademark and logo — potentially set to be sold through a formal sale process. Bids are due by January 26, with an auction scheduled for the following day. The process is being managed by U.S.-based financial services firm Hilco Global.
Founded by British makeup artist Dame Pat McGrath, the brand celebrated its 10th anniversary in October. Pat McGrath Labs rose rapidly following its launch and reached unicorn status in 2018 after securing an investment from Eurazeo that valued the company at more than $1 billion.
In recent years, however, the brand has faced operational challenges, alongside executive turnover and layoffs, and its valuation is now widely reported to be a fraction of its former peak.
The development comes just one year after McGrath was named creative director of Louis Vuitton’s debut makeup line, La Beauté, which launched this summer.
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Fashion
South Indian cotton yarn supported by higher fibre, Tiruppur prices up
The Tiruppur market recorded a price rise of ****;*–* per kg as mills attempted to pass on higher cotton costs, although local demand remained weak. A trader from Tiruppur told Fibre*Fashion, “Tamil Nadu and other states’ spinning mills are raising prices to cover higher cotton costs. They want to increase prices by *–* per cent to fully offset rising production costs, but domestic consumer industry support is lacking. Summer demand is unlikely to pick up before January. The weakening rupee against the US dollar has also provided relief, as mills can compete better in export markets.”
In Tiruppur, knitting cotton yarn prices were noted as ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg (excluding GST), ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg and ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg.
Fashion
S/S 2027 trends emerge as Intertextile Apparel unveils Paradox
In today’s context, a paradox is about casting an optimistic gaze upon the world, rekindling the consumer’s desire, and nurturing a sense of well-being – where daring to step into the light is the theme of the season, set to generate a fresh new dynamic. PARADOX is the thread connecting the S/S 2027 fashion trends – AFFECTION, BREATHE, BEWITCHING, and HONOURATION – conceived by four leading forecasters from the world’s fashion capitals. From 11 – 13 March 2026 at Intertextile Shanghai Apparel Fabrics – Spring Edition, visitors will be able to explore these trends in depth at the Trend Forum in Hall 5.1 of the National Exhibition and Convention Center (Shanghai).
Intertextile Shanghai Apparel Fabrics – Spring Edition (March 11–13, 2026) will spotlight S/S 2027 trends under the theme Paradox at the Trend Forum in Hall 5.1.
Conceived by global forecasters, four themes—Affection, Breathe, Bewitching and Honouration—explore optimism, authenticity, craftsmanship and well-being through over 700 fabric and accessory samples.
At the upcoming Spring Edition, Sachiko Inoue (Tokyo) is tasked with bringing the concept to life at the Intertextile Directions Trend Forum, after conceiving the trends together with Directions Trend Committee members NellyRodi Agency (Paris), DONEGER | TOBE (New York), and Elementi Moda (Milan). The Trend Forum will showcase over 700 fabrics and accessories samples, with the Trend Guide serving as a handbook for buyers to source on-trend fabrics, patterns, prints, and colours.
Accept imperfection: fostering self-confidence through authenticity and simplicity
Less about status and more about contemplation, fashion fosters self-confidence through authenticity, simplicity, and even embracing imperfections. Across four central themes, the PARADOX movement champions individuality over spectacle, valuing durability and a serene, discreet elegance.
AFFECTION
Citywear transforms into easywear, designed for comfort and to encourage stepping outside. The theme blends masculine and feminine elements while mixing traditional craftsmanship with sporty codes: hybrid garments bring functionality, elegance, and effortless style.
Colours include a palette of subtle neutrals, centred on whites and off-whites, painted with soft greys, and tinted with greenery and new-dawn yellow. Including prints and patterns alluding to everyday poetry, fabrics combine tech and precious wool with delicate checks and subtle stripes.
BREATHE
Nautical codes combine urban elegance with smart functionality, adapted to shifting weather conditions. The iconic stripes of the beaches’ buoys and deckchairs infuse a reassuring, joyful, and sunlit dimension into a casual wardrobe, while aquatic inspiration appears in soft, refined layering.
A refreshing colour range is enriched with invigorating aqua and oxygenated blues; fabrics utilise innovative tech with a soft touch; while prints and patterns include elements like subtle burnout jacquard, satin finishes, and wave-like dévoré denim, all combining to reflect a casual, audacious and elegant style.
BEWITCHING
Whether altruistic or enchanting, with this theme women exude everyday sensuality, effortless sophistication, and a celebration of ancestral craftsmanship. Fluid drapes and organic prints draw inspiration from nocturnal forests and dark rituals, while a tarot and lucky charm spirit shapes the radiance of an urban adventurer brimming with emotion.
Vivid, unusual colours burst against dark, mysterious backgrounds, representing a palette of symbolic darks and bright hues. Patterns are inspired by artisanal heritage and natural elements, ranging from elegant to sensual and daring. Fabrics, meanwhile, evoke nature’s nocturnal mystery through abstract chiffons, organza and silks; tone-on-tone washed texture tie-dye; and striped monochrome and shiny satin.
HONOURATION
Demonstrating the ancestral know-how and excellence of craftsmanship, this theme reflects artisanal traditions from around the world, where modest natural materials are elevated to reveal simple refinement, discreet value, and elegant pieces without ostentation.
The colour palette plays on the contrasts between warm neutral tones inspired by raw, refined or precious materials, combined with intense, highly pigmented brights. Fabrics and patterns include innovative ikats, geometric abstract, basketweaves, blurred stripes, and discreet neoclassical flora.
The fair is co-organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Centre. It will take place alongside Yarn Expo Spring, Intertextile Shanghai Home Textiles – Spring Edition, CHIC and PH Value at the National Exhibition and Convention Center (Shanghai).
Intertextile Shanghai Apparel Fabrics – Spring Edition will be held from 11 – 13 March 2026.
Other upcoming shows:
Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies
26 – 28 February 2026, Ho Chi Minh City
Intertextile Shenzhen Apparel Fabrics / Yarn Expo Shenzhen
9 – 11 June 2026, Shenzhen (Futian)
Intertextile Shanghai Apparel Fabrics – Autumn Edition / Yarn Expo Autumn
25 – 27 August 2026, Shanghai
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 (HU)
Fashion
US brand Levi Strauss appoints H&R Block CEO Jeffrey Jones to board
“Mr. Jones brings extensive experience in consumer insights, brand building and organizational transformation and has a proven record of creating significant stakeholder value,” said Bob Eckert, chair of the board of Levi Strauss & Co. “He has repeatedly strengthened brands and organizations across industries, and his leadership will play a critical role as we evolve LS&Co. into a best-in-class, DTC-first retailer.”
Levi Strauss & Co has appointed H&R Block president and CEO Jeffrey J Jones II to its board, effective January 21, 2026.
He will serve on the nominating, governance and corporate citizenship committee and the compensation and human capital committee.
Jones brings over 30 years of experience in consumer, retail and technology leadership, strengthening LS&Co’s DTC-focused strategy.
Mr. Jones has served as President, Chief Executive Officer and Director of H&R Block, Inc. since 2017 and will retire from the company on December 31, 2025. He previously served as President of Ride Sharing at Uber Technologies Inc., where he led operations, customer support, strategy and planning, product operations and marketing. Mr. Jones also served as Executive Vice President and Chief Marketing Officer at Target Corporation, overseeing brand, digital and guest experience strategy, corporate communications, investor relations and brand management of all owned brands and Target’s limited-time offering collaborations. Earlier in his career, Mr. Jones was partner and President of McKinney, an advertising agency, where he led major client engagements and organizational growth.
“Levi Strauss & Co. is an iconic company with a bold vision for the future, and I’m honored to join the board at such a pivotal moment,” said Jeffrey J. Jones II. “The company has been on a strong trajectory, deepening its connection with consumers and driving long-term, sustainable growth. I look forward to supporting the entire leadership team as they write the next chapter for this nearly 175-year-old company.”
Mr. Jones is a member of the Council for Inclusive Capitalism, the Fast Company Impact Council and the Kansas City Economic Club. He holds a Bachelor of Arts degree in Communications from the University of Dayton.
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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