Fashion
UK’s Castore acquires Belstaff, Ineos invests in growth push
Castore and Belstaff will join forces to drive future growth across premium categories, capitalising on Castore’s direct-to-consumer and online retail networks and expertise, supply chain, growing global retail footprint and Castore’s roster of professional sports team partnerships.
Ashley Reed Chairman of Belstaff, said: “This is a union of two British brands who have come together through shared qualities of purpose-led design and entrepreneurial spirit. Castore is disrupting the sportswear market and has demonstrated phenomenal growth and resilience in recent years. Having witnessed their journey, we saw a unique opportunity to join forces and accelerate Belstaff’s transformation through shared knowledge and resources.”
Castore has acquired 100 per cent of British brand Belstaff from Ineos on a debt-free, cash-free basis.
As part of the deal, INEOS will make a strategic investment in Castore.
The partnership aims to accelerate growth by combining Castore’s digital retail, supply chain and sports partnerships with Belstaff’s heritage positioning, while strengthening both brands’ presence in premium categories.
Tom Beahon, Co-Founder and CEO of Castore, said: “Belstaff is a truly iconic brand with unparalleled heritage, and I have personally been a huge fan for a very long time. INEOS and the management team at Belstaff have done a phenomenal job in steering the company back to profitability following a challenging period for the retail sector. To have the opportunity to take Belstaff through the next stage of its growth journey is a dream come true and a huge privilege. We are also delighted that Sir Jim Ratcliffe’s INEOS is investing in Castore which is a demonstration of commitment to our business and global growth ambitions and we look forward to working together to deliver on this vision.”
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
Crisis and comeback: Can Los Angeles rebuild its garment industry?

LA’s garment industry enters 2026 amid disruption and cautious revival.
Immigration raids, rising costs and sustainability rules continue to strain factories, while tariffs and supply-chain risks are driving limited reshoring.
Any rebound is likely to be selective, centred on specialised and higher-value production rather than a return to mass manufacturing.
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Fashion
Dutch inflation slips to 2.8% in December 2025
Consumer goods and services in the Netherlands were 2.8 per cent more expensive in December 2025 than a year earlier, according to Statistics Netherlands (CBS). This marked a marginal cooling from November’s 2.9 per cent year-on-year (YoY) reading. On a month-on-month basis, consumer prices remained virtually unchanged compared with November.
With the December data now finalised, average consumer price inflation for the whole of 2025 stood at 3.3 per cent compared with 2024, CBS said in a release.
Under the Harmonised Index of Consumer Prices (HICP), Dutch inflation eased to 2.5 per cent in December from 2.6 per cent in November. By contrast, inflation across the euro area declined from 2.1 per cent to 2 per cent, helped by lower energy prices.
Consumer inflation in the Netherlands has eased slightly to 2.8 per cent in December 2025, down from 2.9 per cent in November, according to Statistics Netherlands (CBS).
Prices were broadly stable month on month (MoM).
Average inflation for full-year 2025 came in at 3.3 per cent, while euro area inflation slowed to 2 per cent.
Fibre2Fashion News Desk (HU)
Fashion
Germany’s Hugo Boss reshapes structure with menswear, womenswear units
As part of this transformation, Kerstin Dorst will assume the newly created role of Senior Vice President Business Unit Womenswear as of January 15, reporting into HUGO BOSS Chief Sales Officer and Deputy CEO Oliver Timm. Dorst joins HUGO BOSS from Tory Burch, where she spent more than 10 years in New York and played a key role in growing the brand’s main collection and sportswear. Prior to Tory Burch, she worked at Adidas for over five years in Germany and Asia, contributing to the launch of the brand’s SLVR premium sportswear line, among others. In her new role, Dorst will also oversee the creative direction for womenswear collections, working closely with Marco Falcioni, HUGO BOSS Creative Director.
Hugo Boss is introducing separate menswear and womenswear business units to strengthen gender-specific expertise, unlock synergies and support its CLAIM 5 TOUCHDOWN growth strategy.
Kerstin Dorst will join as SVP Business Unit Womenswear from January 15, reporting to Oliver Timm, while Christian Schwinn continues to lead menswear across Boss and Hugo.
“With the new organizational structure, we are reshaping our business units to strengthen our focus on womenswear and lay the foundation for future growth. The new set-up will enable us to address gender-specific preferences even better and to deliver collections with a true customer centric approach in both areas in the future,” said Oliver Timm, Chief Sales Officer and Deputy CEO of HUGO BOSS. “In this context, I am pleased to welcome Kerstin Dorst in the newly created role for womenswear. Her extensive international experience and profound expertise will play a key role in taking our womenswear business to the next level in the years to come.”
The BOSS Menswear business will continue to be led by Christian Schwinn, who will additionally take on responsibility for HUGO Menswear as Senior Vice President Business Unit Menswear.
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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