Fashion
The dual economies behind MAGA
Trump Organization merchandise sales grew to more than $3 million in 2023.
Unofficial sales may rival, or even surpass official volumes.
The scale and longevity of MAGA’s retail arm are exceptional.
Made in USA claims difficult to guarantee in multi-tiered supply chains.
The MAGA brand illustrates how politics and retail converge, creating parallel economies.
Source link
Fashion
Puma opens largest European flagship store on Oxford Street in London
The new flagship store, located just seconds from Selfridges and Bond Street Tube Station, spans 24,000 square-feet and features PUMA’s industry-leading innovations, such as running technology NITRO, its football boots FUTURE, ULTRA and KING, as well as its current range of lifestyle products.
Puma has opened its largest European flagship on London’s Oxford Street, a 24,000-sq-ft space showcasing NITRO running tech, key football franchises and lifestyle ranges.
The store features customisation zones, digital experiences, archive displays and a London-exclusive collection, with major events planned through 2025–26 as Puma boosts its direct-to-consumer focus.
“The opening of our Oxford Street flagship is an exciting moment for PUMA,” said Arthur Hoeld, CEO at PUMA. “It’s our first Flagship store in Europe, which gives us the chance to connect with more people than ever before — right in the heart of one of the world’s most iconic shopping destinations. It is a powerful platform to engage directly with consumers, showcase our latest performance innovations, and strengthen our brand presence in one of the world’s most influential retail destinations. This space not only highlights our product excellence, but also celebrates our heritage and long-standing connection with elite athletes.”
Consumers can take advantage of multiple customisation areas to create unique products, immerse themselves into PUMA’s performance technology NITRO through a digital running video-wall that reacts to every touch, or learn more about the brand’s rich history in the archive area that features iconic pieces from the past 77 years of the brand.
“London is one of the most competitive retail markets in the world, and Oxford Street is its main stage,” Lucynda Davies, Managing Director UK & Ireland at PUMA, added. “This flagship shows our confidence in the UK and reflects our commitment to delivering fresh, creative experiences that feel authentic to PUMA.”
To mark the opening, PUMA introduced a London Exclusive collection designed by Heiko Desens, PUMA’s Vice President Creative Direction & Innovation. Inspired by the city’s community spirit and creative energy, the collection reimagines British icons such as the Union Flag and Harris Tweed through PUMA’s modern lens. The limited-edition pieces are available exclusively at the London Flagship.
Now open to the public, the London Flagship will have a dynamic program of events and activations for the rest of 2025 and into 2026, hosting exclusive collaborations and athlete appearances to evolving in-store experiences, ensuring the flagship remains a vibrant destination long after launch.
As part of the store’s activation plans, PUMA will hold a dedicated launch event on December 4, celebrating its official debut. In the months ahead, the London Flagship will also serve as the stage for major brand moments, including a pre-race HYROX experience for HYROX London athletes on the December 3, and a special motorsport event on December 11, which will highlight PUMA’s racing heritage and the PUMA x Aston Martin F1 Team partnership and a Select Capsule Collection.
In October, PUMA outlined its new strategic priorities aimed at resetting the company and establishing it as a Top 3 sports brand globally. While both its Wholesale and its direct-to-consumer business will continue to play an important role in PUMA’s distribution strategy, the company aims to evolve its channel mix and aim for higher growth in our direct-to-consumer channels to bring it closer to industry averages.
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)
Fashion
UK-based Sosandar lifts revenue 15%, FY26 profit outlook on track
UK-based womenswear fashion brand Sosandar PLC has reported a revenue rise of 15 per cent year on year to £18.7 million (~$24.7 million), with own site sales jumping 28 per cent, for the six months ended September 30, 2025 (H1 FY26). Gross margin held steady at 62.2 per cent, reflecting the company’s continued focus on strategic margin improvement.
The retailer posted a loss before tax of £1.1 million (~$1.45 million), broadly in line with expectations, due to seasonal second-half profit weighting and the impact of its own store roll-out alongside an earlier M&S cyber incident.
Sosandar ended the period with £7.7 million in net cash, slightly higher compared with £7.3 million on March 31.
The business continues to perform strongly with its third-party partners, especially Next, where it ranks as a top-selling brand. The company also launched a licensed homeware range with Next in September, which has delivered a strong initial performance in line with expectations.
Physical retail stores continue to weigh on profitability while they mature, although Chelmsford and Marlow are reported to be progressing toward breakeven in their second year, Sosandar said in a release.
Recent trading in October and November has been in line with expectations, with the website delivering continued strong growth. Trading through M&S has resumed following its cyber disruption. Gross margin improved further to 67.2 per cent in the ongoing period, driven by higher intake margins on new season ranges.
“We are really pleased with how the business has performed over the past six months. During this period, we delivered a return to revenue growth, supported by strong momentum through our own website which remains a key driver of both sales and customer engagement, alongside a resilient gross margin,” Ali Hall and Julie Lavington, co-CEOs commented.
Cash has strengthened to £9.5 million as at November 22 following the seasonal uplift, and the firm has completed a capital reduction, buying back 5,000,000 shares held in treasury.
Sosandar said full-year outlook remains on track, reiterating revenue expectations of £43.6 million and profit before tax of £0.4 million for FY26.
“The Autumn/Winter season has delivered another robust trading performance, with customers continuing to respond positively to our unique collections across both occasion and everyday dressing. Looking forward, the foundations have been laid for sustainable, profitable, cash generative growth,” the co-CEOs said.
Fibre2Fashion News Desk (HU)
Fashion
Strikes planned at LVMH’s drinks division starting on Friday – CGT union
By
Reuters
Published
December 4, 2025
Some workers at LVMH‘s wines and spirits division Moet Hennessy are planning a series of strikes starting on Friday to protest against a cut in annual bonuses, according to union leaflets seen by Reuters, in a sign of growing discontent at a business where profits have slumped.
The call to strike by branches of the CGT union is the first to apply across all of Moet Hennessy’s larger brands from Hennessy cognac to Veuve Clicquot champagne, posing a challenge for Alexandre Arnault, son of billionaire Bernard Arnault, who became deputy CEO of the division earlier this year. The CGT union said Moet Hennessy chose to cancel all profit-sharing bonuses and other annual benefits this year, while LVMH keeps dividends to shareholders stable.
Moet Hennessy did not respond to a request for comment on this year’s compensation policy. The union is calling for limited strike days “in all of the houses’ sites in the coming days and weeks”, one of the flyers, due to be handed out to workers on Thursday, said, with the aim of getting management to negotiate on pay.
The first walkouts are planned for Friday at champagne houses Moet & Chandon and Veuve Clicquot-Krug, the union flyers showed. Two union sources told Reuters that further strikes would follow, including at Hennessy, over the next two months.
Strikes are rare in the luxury industry, which after years of strong growth has been hit by a slowdown as sales stalled in China and price hikes deterred shoppers, while uncertainty over US President Donald Trump‘s tariffs has weighed on demand.
LVMH’s drinks business, accounting for about 7% of group sales, reported operating profit of 524 million euros ($610.98 million) in the first half of 2025, down 33% from the previous year. LVMH finance chief Jean-Jacques Guiony took over as CEO of the division earlier this year, with 33-year-old Alexandre Arnault as his deputy.
It was not clear how many workers would follow the call to strike. The CGT is one of France’s largest unions and has the largest representation among Moet Hennessy workers.
© Thomson Reuters 2025 All rights reserved.
-
Tech4 days agoGet Your Steps In From Your Home Office With This Walking Pad—On Sale This Week
-
Entertainment3 days agoSadie Sink talks about the future of Max in ‘Stranger Things’
-
Sports3 days agoIndia Triumphs Over South Africa in First ODI Thanks to Kohli’s Heroics – SUCH TV
-
Fashion3 days agoResults are in: US Black Friday store visits down, e-visits up, apparel shines
-
Politics3 days agoElon Musk reveals partner’s half-Indian roots, son’s middle name ‘Sekhar’
-
Tech3 days agoPrague’s City Center Sparkles, Buzzes, and Burns at the Signal Festival
-
Uncategorized1 week ago
[CinePlex360] Please moderate: “Americans would
-
Tech1 week agoWake Up—the Best Black Friday Mattress Sales Are Here
