Fashion
Ternua and Loreak Mendian brands change hands

Published
October 9, 2025
Basque conglomerate Ternua Group is moving forward with its insolvency proceedings, announced in June, through the sale of its Ternua and Loreak Mendian brands.
The Dikar co-operative, part of Mondragon Corporation, has acquired the group’s eponymous brand, following authorisation from Commercial Court No 1 in San Sebastián. The deal aims to safeguard the industry and the brand’s Basque roots, ensuring its continuity “within a solid, internationalised business project committed to the region.”
In a statement carried by Europa Press, Dikar stressed that this acquisition “consolidates its commitment to the region and its support for the Basque industry.”
The co-operative has not disclosed the purchase price for Ternua and noted that the deal forms part of its “diversification strategy” and “strengthens its position in the outdoor sector, where it already operates with its Columbus brand, specialising in equipment for outdoor activities.”
Incorporating Ternua into the Basque co-operative’s brand portfolio will allow “both brands to share synergies in product development, marketing, suppliers and sales channels”, the same sources said, adding that it will also bolster Dikar’s presence “in European and digital markets, and reducing its dependence on the U.S. market.”
They added that this operation likewise aims to “preserve industry, employment and the roots of a Basque brand with strong international recognition, promoting its continuity within a solid, internationalised business project committed to the region, in line with Mondragon’s values.”
Founded in 1969 and headquartered in Arrasate (Gipuzkoa), Dikar focuses on the hunting, sport shooting and outdoor sports sectors, and has two subsidiaries, one in Lawrenceville (United States) and another in Aveiro (Portugal). The head office and subsidiaries together employ more than 250 people.
Loreak Mendian also changes hands
As it proceeds with the sale of its four business units, Ternua Group has also found a buyer for its fashion brand Loreak Mendian, which it acquired in 2019. The brand will keep its roots in the Basque country: its new owner will be the Gipuzkoan company Borobitex, according to local media El Correo and El Diario Vasco.
The transaction was authorised by Commercial Court No 1 in Donostia on 15 September. Behind Borobitex, a limited company based in Irún, are three employees linked to the brand, including one of its founders, Víctor Serna.
With the sale of Loreak Mendian’s business unit, the continuity of 18 jobs is guaranteed (Ternua Group had around 180 employees at the beginning of the process).
In parallel with these two operations, the Basque conglomerate is working to ensure the continuity of its other two brands, Astore and Lorpen.
FashionNetwork.com with information from Europa Press
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Fashion
Vivienne Westwood show to open Riyadh Fashion Week, event has international labels for first time

Published
October 10, 2025
The Vivienne Westwood label will host its first-ever fashion show in the Middle East as part of Riyadh Fashion Week this month with it debuting there on 16 October. The show will be staged at a Palm Grove in Riyadh.
Company CEO Carlo D’Amario said the label is working “on a special collection of embroidered gowns, a result of the union of the expertise of our couture team and the craftsmanship of local artisans: a concrete way to promote local traditions through an international perspective. Today, fashion must go beyond aesthetics – it must be a connection between cultures. ‘Global-local’ is a key concept for us and for this reason we have started collaborating on special projects and shows like this”.
The embroidered capsule pieces, which are in collaboration with ‘Art of Heritage’, a cultural institution safeguarding Saudi Arabia’s legacy of craftsmanship, will be shown alongside the main Vivienne Westwood SS26 collection.
The label has also invited around 100 students from local fashion schools to attend and will be hosting a mentoring session with students prior to the show.
In its third edition, Riyadh Fashion Week is now well established in the region but this year is the first time the official calendar is open to international houses, hence the Vivienne Westwood involvement.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Fast Retailing’s ‘other brands’ see mixed results

Published
October 10, 2025
Fast Retailing’s strong full-year results for FY25 yesterday (sales and profits both higher) were mainly about its star Uniqlo brand. But the company operates a number of other brands, so how did they fare?
The youth-focused GU brand saw revenue rising 3.6% to ¥330.7 billion but same-store sales were flat and business profit dropped by as much as 12.6% to ¥28.3 billion. The company said the brand was “unable to maximise sales due to insufficient creation of hit products that captured mass fashion trends and shortages of strong-selling items.”
It added that its selling, general and administrative expense ratio increased on the back of higher personnel costs associated with wage increases and higher costs linked the opening of the GU store in the US.
As for the Global Brands division, revenue here fell 5.3% to ¥131.5 billion but the the segment managed to generate a business profit of ¥2.6 billion (compared to just ¥0.1 billion in FY24) after losses from the Comptoir des Cotonniers operation were halved. That was even though its revenue dropped as it saw improvements in both the gross profit margin and the selling, general and administrative expense ratio.
Yet the segment reported an operating loss of ¥0.9 billion (compared to a ¥0.6 billion operating profit in FY24) due to the firm recording impairment and other losses of ¥3.9 billion associated with structural reforms at the Comptoir des Cotonniers label.
Theory meanwhile reported declines in both revenue and profit, although the company didn’t share just what those falls were. It said “sales of core products struggled to gain momentum and Theory sales in the Mainland China market were adversely impacted by declining consumer appetite”.
Finally, PLST generated significantly higher revenue and profit, but again, we don’t know the specific numbers. We do know, however, that its improvements were due to “strong sales of wide pants and sheer sweaters”.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Yarn Expo Autumn 2025’s product showcase fostered global exchange

Yarn Expo Autumn 2025 reaffirmed its standing as a premier industry platform by uniting over 22,000 visitors from 111 countries and regions with nearly 580 exhibitors. Held concurrently with three other leading textile fairs, the show offered a comprehensive sourcing hub where international and domestic buyers could access a wide spectrum of yarns and fibres. As part of its diverse product showcases, the fair underlined its commitment to the industry’s eco transition, with numerous exhibitors highlighting sustainable and innovative materials. Supplementing the trade on the show floor, the fringe programme provided valuable insights and trend exchange, cementing the fair’s role as a platform that fuels global dialogue, cultivates fresh ideas, and drives the textile industry forward.
Yarn Expo Autumn 2025 drew over 22,000 visitors from 111 countries and 580 exhibitors, reinforcing its role as a key sourcing and innovation hub.
With strong global participation and a focus on sustainability, the fair fostered cross-border exchange, showcased eco-friendly materials, and highlighted emerging trends driving the textile industry forward.
Speaking at the fair’s conclusion, Ms Wilmet Shea, General Manager of Messe Frankfurt (HK) Ltd, expressed: “Each edition of Yarn Expo demonstrates how the fair’s strong foundation and global reputation continue to attract both established players and emerging innovators. What makes this platform so vital is not only the depth of sourcing opportunities available, but also the way it encourages meaningful exchange across markets. By connecting sustainability-driven solutions with worldwide demand, Yarn Expo Autumn 2025 played a key role in helping the textile industry progress with both resilience and creativity.”
All-in-one sourcing platform for the latest trends and developments
Spanning both its exhibitor lineup and a diverse visitor base, Yarn Expo Autumn showcased impressive breadth. Across six product zones and the International Yarn Zone, a wide range of suppliers presented a versatile mix of natural fibres, innovative synthetics, specialty yarns, and sustainable options, ensuring that visitors could source for diverse market segments all in one place. Notable highlights included Docotton Group AS (Turkiye), PT Dan Liris (Indonesia) and Rutex GmbH (Germany), which captured interest with their innovation and market relevance.
Further enriching its global profile, the fair featured three country / region pavilions and zones – the India Pavilion, Pakistan Zone, and Taiwan Zone – offering a concentrated showcase of each region’s textile expertise and opening new opportunities for cross-border exchange. An all-encompassing product range was matched by a varied mix of visitors spanning spinners, knitters, fashion brands, as well as trade professionals from upstream and downstream parts of the value chain.
The show was held alongside Intertextile Shanghai Apparel Fabrics – Autumn Edition, CHIC, and PH Value, which added to its breadth by encouraging cross-sector collaboration and making it easier to source products across different textile categories. This combination not only elevated the fair’s appeal but also reinforced its profile as a one-stop international marketplace, allowing visitors to connect with suppliers, identify trends, and establish networks efficiently.
Meanwhile, a range of innovation-focused fringe events also complimented the exhibitor displays, such as Tongkun – China Fibre Fashion Trends Display Zone and New Fibre New World – Textile Materials Innovation Forum, presenting the latest downstream trends in various yarns and fibres.
Exhibitors’ experiences
“We are a renowned New Zealand woollen yarn spinner, recognised for our innovative Perino yarns. This is our first Yarn Expo Autumn, which we joined to engage with new audiences after eight years in the Chinese market. The experience has been positive, with strong interest, enquiries, and sample requests. We focus on natural fibres, with demand increasing due to European traceability legislation and China’s emphasis on quality. The fair is important for connecting with the entire supply chain, from fibre suppliers to weavers and fabric producers, supporting our product development.”
Mr Jimad Khan, International Sales & Marketing Manager, Perino by Woolyarns, New Zealand
“Yarn Expo holds a high reputation and significant influence on the international stage. By leveraging this platform, we connected with buyers and potential clients from over ten countries simultaneously, greatly expanding our opportunities for international exchange and collaboration. The concurrent fairs attracted more visitors to our booth. Many potential clients specifically visited to learn more about our products, which not only enhanced our brand visibility but also established a solid foundation for future business expansion.”
Mr Pradip Debnath, Business Head, Yajur Fibres Limited, India
“I’m here at the fair for the first time, and I’m excited about the opportunities for making new connections and finding customers. We’re showcasing Turkish cotton and focusing on sustainable materials, which generated a lot of interest because of the market demand. With this great booth traffic, we’d like to return to the next edition with a larger booth to better present our products and meet even more international visitors. Although selling takes time, I’ve already had inquiries, and I’m optimistic about following up with potential clients.”
Mr Fatih Kosecioglu, Sales Manager, Docotton Group AS, Turkiye
“Yarn Expo Autumn is an exceptional platform for connecting with international buyers and engaging with existing customers. Many of our target buyers attend, making it a prime opportunity for networking and one of the best venues to explore yarn sales opportunities. Exhibiting allows us to gain valuable insights into market trends, helping us identify in-demand products and unique offerings, which enables us to tailor our efforts effectively and introduce new products to the market. Additionally, we proudly showcase our recycling initiatives, underscoring our commitment to sustainability.”
Mr Muhammad Mubeen, Director, Abtex International (Pvt) Ltd, Pakistan
Visitors’ comments
“As a representative of a US-based company specialising in energised comfort fabrics, I’ve been attending this fair every year, looking for functional yarns and fabrics. So far, we’ve already made some valuable contacts and plan to reconnect with them to explore new orders. This year, the fair feels more crowded and has a more international presence compared to last year, with a strong focus on visitors from Asia. Overall, the fair remains broad and offers great opportunities for networking and discovering new materials.”
Mr Ashwin Jaju, General Manager, Dricomfort (Optimer), USA
“I’ve been visiting this fair for the past ten years, and I always find it valuable. I’ve already connected with some new exhibitors from Asia, and I appreciate that there are many concurrent trade fairs at this venue, which also feature strong participation from Chinese exhibitors. I’m excited about the materials available here too, especially eco-friendly options. I’ve enjoyed the comprehensiveness of the fair and have been able to reconnect with loyal suppliers while exploring potential new ones. It’s been a productive experience overall.”
Mr Umer Saleh, Head of Procurement, Kohinoor Textile Mills, Pakistan
“We are exploring the latest yarn products on the market, including vortex-spun polyester yarn and ultra-high-count compact-spun cotton yarns. With clear purchasing objectives, we successfully identified yarn products that met our requirements. As a VIP buyer, we greatly benefitted from the clear guidance provided by the organisers, including a comprehensive summary of key content, which significantly enhanced our procurement efficiency. These valuable services allowed us to access the latest industry information and recommend the most popular materials and trends to our clients. We look forward to returning next year.”
Ms Huang Xianglun, Procurement Manager, Lite Trading Co Ltd, China
Yarn Expo Autumn was held concurrently with Intertextile Shanghai Apparel Fabrics – Autumn Edition, CHIC, and PH Value. The four fairs brought the fibre and yarn, apparel fabrics and accessories, fashion, and knitted garments industries together under one roof, with the resultant synergy allowing exhibitors and buyers to maximise their business opportunities.
Yarn Expo Autumn is organised by Messe Frankfurt (HK) Ltd and the Sub-Council of Textile Industry, CCPIT.
The upcoming edition of Yarn Expo Spring 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, Saigon Exhibition and Convention Center, Ho Chi Minh City
Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, and Intertextile Shanghai Home Textiles – Spring Edition
11 – 13 March 2026, National Exhibition and Convention Center, 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)
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