Fashion
Two bidders come forward for Claire’s France, with plans to take on 460 of its 829 staff
 
																								
												
												
											
                                        By
                                        
AFP
                                    
                                    Published
                                    
                                        
                                        October 30, 2025
                                    
                                
On Thursday, two companies submitted proposals to the Paris Economic Activities Court to take over the Claire’s brand in France, which was placed in receivership at the end of July, and to retain 460 of the 829 employees of the budget jewellery chain in France, according to lawyers for the employee representatives speaking to AFP.
The companies in question are fashion jewellery retailer June, which has already obtained authorisation to operate the Claire’s brand and plans to take on 426 employees, and Spanish phone-case retailer La Casa de las Carcasas, which intends to take on 34 employees.
June would also take over 139 shops out of Claire’s roughly 240 existing points of sale, and La Casa de las Carcasas three shops, where it would sell its phone accessories.
These “complementary offers”, which are very likely to be approved by the court on 14 November, “are sound and sustainable and could save nearly 50% of jobs,” said attorney Eve Ouanson.
A job protection plan (PSE) has already been initiated for employees who are not included in the takeover; for most of them, this is expected to result in redundancy. “The trade unions have signed the agreement on this PSE in a responsible manner to try to limit the damage in terms of jobs,” emphasised attorney Khaled Meziani.
At the end of July, the courts opened receivership proceedings for Claire’s France, a brand best known for its small pieces of jewellery, piercings and other accessories for teenagers.
The company said this was due to the continued decline in in-store sales over the past several years, exacerbated by US tariffs on Chinese products, on which Claire’s relies heavily.
However, according to the latest published accounts, Claire’s France generated a net profit of €1.3 million between late 2023 and late 2024, and €0.8 million in the previous financial year.
A third takeover bid was at one point presented to the court-appointed administrator before ultimately being rejected.
Claire’s difficulties are not limited to France: its US parent company declared bankruptcy in August before being taken over by an investment fund.
Claire’s Spanish subsidiary also declared insolvency in September.
In early September, employee representatives reported to the courts what they described as “serious irregularities in the management of the company”, accusing the US parent company of having “emptied the coffers” via “financial flows” between the group’s numerous subsidiaries.
Paris, 30 Oct 2025 (AFP)
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Fashion
BGMEA urges Bangladesh govt to reconsider recent policy decisions
 
														
The association urged the interim government to reconsider the policy decisions.
The Bangladesh Labour (Amendment) Ordinance 2025, the rise in Chattogram Port tariffs and the timeline for graduation from the LDC status together pose serious challenges for the balance, investment and competitiveness of the RMG industry, according to trade body BGMEA. 
The association urged the interim government to reconsider the policy decisions and ensure a business-friendly environment.
After extensive discussions at the Tripartite Consultation Council (TCC) and its working committee, a balanced proposal was arrived at regarding trade union formation, allowing a union to be formed in factories employing 50 to 500 workers with the consent of at least 50 workers. However, the advisory council later changed the provision without consultation, setting the range at 20-300 workers.
“If a union can be formed with just 20 workers, outsiders may also become involved, leading to internal conflict, instability and disruption in production,” BGMEA president Mahmud Hasan Khan was quoted as saying by domestic media outlets.
He said India requires the consent of at least 10 per cent of workers or a minimum of 100 workers to form a union, while Pakistan requires 20 per cent. Compared to these standards, Bangladesh’s proposed framework will be the weakest and most unstable in South Asia, he lamented.
The TCC had earlier decided that a company could choose either the Future Fund or Progoti scheme for pension. But under the new proposal, workers can participate in both schemes simultaneously, forcing employers to maintain two separate financial mechanisms.
This will create administrative complications, increase expenses and lead to disorder in fund management, he alleged.
The inclusion of ‘officers and employees’ in the definition of ‘worker’ as another major risk, he pointed out, blurring the line between management and workers and creating confusion in responsibility and decision-making, he said.
While rivals have already adopted investment-friendly reforms in technology, infrastructure and labour laws, such irrational laws implemented in Bangladesh will lead to a decline in foreign investment, a fall in exports and a rise in instability across industries, he cautioned.
Though the Ministry of Shipping claims port tariffs have not been raised in 40 years, as Chattogram Port collects its fees in US dollars, entrepreneurs are already paying 308 per cent more in local currency due to depreciation of taka, he said.
He urged the government to ensure a business-friendly environment, resolve the gas crisis, simplify customs and National Board of Revenue processes, improve infrastructure and logistics, and make low-cost financing available.
Fibre2Fashion News Desk (DS)
Fashion
Techtextil & Texprocess invite entries for 2026 forum programme
 
														
Anyone who wants to contribute to shaping the future of the textile industry can submit a presentation for the Techtextil and Texprocess Forum by 15 December 2025. Both stages represent innovation and practical solutions and promote exchange between research and industry. An international Programme Committee selects the contributions and curates a programme on key future topics in the textile sector. From 21 to 24 April 2026, the two leading trade fairs will once again be the centre of global business dialogue in Frankfurt.
Techtextil and Texprocess have invited experts to submit presentations for their 2026 forums by December 15, 2025. 
To be held from April 21–24, 2026 in Frankfurt, the events will spotlight innovation, sustainability, AI, and digitalisation, promoting collaboration between research and industry. 
Participation is free, and selected speakers will be announced in Feb 2026 for the four-day programme.
Progress happens where people share their knowledge and work together on new solutions. Those who present here play a part in shaping this progress – visibly, connected, with access to decision-makers and direct influence on the topics of tomorrow. Textile developments are becoming more complex: research, application, and production are increasingly intertwined; production processes are changing, and aspects such as automation through AI and circular economy are gaining in importance. Formats that promote dialogue and connect different perspectives are particularly valuable. The Techtextil and Texprocess forums offer such a space, enabling networking and knowledge transfer on a global level.
“Those who participate not only help shape the programme but also actively contribute to the professional exchange within the industry“, says Sabine Scharrer, Director Brand Management Technical Textiles & Textile Processing at Messe Frankfurt. “The forums are among the content highlights of Techtextil and Texprocess, once again demonstrating how much textile expertise, innovative strength, and commitment drive this industry.“
The forums address key topics of the future textile industry – from material development and production to sustainability and digitalisation. This generates new insights and impulses that have an impact far beyond the days of the trade fair.
Programme Committee
Experts from industry, research, and development can submit their contributions now. An international Programme Committee of experienced experts will review the submissions for relevance and quality and compile a versatile range of presentations.
Categories Techtextil Forum 2026
- Beyond Function – The Next Generation of Technical Textiles
- Engineered for Impact – Designed for lasting change
- Textile Intelligence – Smart, Connected, Responsive
- Manufacturing Intelligence – Digitalization, Automation, and AI
- Resilient Textiles – Solutions for an unstable World
- Pushing Boundaries – Interdisciplinary and disruptive Innovations
Categories Texprocess Forum 2026
- Sustainable solutions
- CAD/CAM
- Digitalisierung und KI
- Legal requirements
- Design Tools
Participate now and submit your contributions by 15 December 2025
Participation in the Techtextil and Texprocess Forums 2026 is free of charge. Short presentations should be written in English and supplemented with visualisations. The selected speakers will be announced at the beginning of February 2026. Their contributions will be part of the four-day programme of Techtextil and Texprocess 2026.
Techtextil and Texprocess will be held from 21 to 24 April 2026.
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
LVMH posts $67.4 bn revenue in 9M, shows resilience amid volatility
 
														
Despite persistent economic uncertainty and geopolitical disruptions, the luxury group displayed resilience, with the third quarter registering a one per cent organic improvement supported by better trends across most business groups except Europe, where tourist spending weakened due to currency fluctuations.
LVMH Moet Hennessy Louis Vuitton reported €58.1 billion (~$67.396 billion) in revenue for the first nine months of 2025, down 2 per cent YoY. 
Fashion and Leather Goods fell 6 per cent organically, yet Louis Vuitton, Dior, and Loro Piana sustained creative momentum through new launches and shows. 
Selective Retailing rose 3 per cent. DFS’s recovery in Asia, and Le Bon Marche’s continued strength. 
Revenue in the Fashion and Leather Goods division dropped 6 per cent organically to €27.6 billion (~$32.01 billion), reflecting the normalisation of tourist spending compared with the strong growth seen in 2024. Yet, local demand stayed robust, and LVMH continued to strengthen its creative leadership. Louis Vuitton remained a standout performer, blending heritage and modernity through captivating shows by Nicolas Ghesquière and Pharrell Williams, LVMH said in a press release.
The Maison’s Shanghai destination, The Louis, designed as a museum-like space inspired by a cruise ship, drew significant visitor traffic.
At Christian Dior, the appointment of Jonathan Anderson as creative director ushered in a fresh interpretation of Dior’s ‘new look’, receiving an enthusiastic response for both men’s and women’s collections. The opening of two new House of Dior flagships in New York and Beverly Hills underlined the Maison’s global expansion strategy. Loro Piana reaffirmed its mastery of natural fibres with a new collection presented at Milan’s Palazzo Citterio, while celebrating its continued partnership with Team Europe, winners of the 2025 Ryder Cup.
Fendi witnessed a leadership transition as Silvia Venturini Fendi became honorary president and Maria Grazia Chiuri was appointed chief creative officer. Celine, Loewe, and Givenchy also debuted collections under new creative directors Michael Rider, Jack McCollough and Lazaro Hernandez, and Sarah Burton, respectively, each receiving strong acclaim for their renewed vision.
Selective Retailing recorded a 3 per cent organic rise in revenue to €12.6 billion, with all three retail banners performing positively.
Duty free shoppers (DFS) showed a marked recovery in the third quarter, particularly in Macao and Hong Kong, benefitting from returning travel and spending by Asian tourists. Streamlining initiatives launched earlier in the year improved operational efficiency and profitability. Le Bon Marche, LVMH’s Parisian department store, posted steady growth driven by its refined product mix, experiential retail focus, and curated cultural events that continue to differentiate it in a competitive retail environment, added the release.
Despite global uncertainties and fluctuating demand patterns, LVMH remains confident in its long-term prospects. The group aims to strengthen the desirability of its brands by focusing on creativity, craftsmanship, and customer experience. With strong local demand and a commitment to sustainability and innovation, LVMH plans to leverage its portfolio’s diversity and brand equity to reinforce its leadership in the global luxury sector throughout 2025.
Fibre2Fashion News Desk (SG)
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