Fashion
UK’s Sosandar Q3 FY26 revenue rises 10% to $18.09 mn
The company continued to see strong momentum in its own website, where revenue rose 27 per cent year on year (YoY), supported by higher site traffic, improved conversion rates and increased order volumes from both new and existing customers. The gross margin improved to 66 per cent, compared with 64.7 per cent in the same period of FY25, driven by an improved intake margin, Sosandar said in a press release.
Sosandar plc has posted a 10 per cent rise in Q3 FY26 revenue to £13.4 million (~$18.09 million), driven by a 27 per cent surge in own-site sales and improved margins.
Gross margin rose to 66 per cent, while net cash reached £9.7 million (~$13.10 million).
Trading remained in line with expectations, with full-year revenue forecast at £43.6 million (~$58.86 million).
The company said its partnership with Marks & Spencer (M&S) continues to trade with stock levels below the prior year following a cyber incident, with stock levels expected to normalise by Spring 2026. Performance through physical stores was also encouraging, with sales ahead of the prior year.
The group ended the period with strong net cash of £9.7 million (~$13.1 million) as of January 9, 2026, compared with £9.5 million on November 22, 2025, after returning £0.8 million to shareholders through market purchases of the company’s shares.
Q3 performance was in line with management expectations and remains on track to meet market expectations for the full fiscal. The current market forecasts for full fiscal ending March 31, 2026, are revenues of £43.6 million (~$58.86 million) and profit before tax of £0.4 million.
Strong H1 momentum carried into the second half (H2), lifting Q3 revenue by 10 per cent YoY to £13.4 million from £12.2 million. This was driven mainly by Sosandar’s own site, the cornerstone of its brand, where revenue surged 27 per cent on the back of higher traffic, stronger conversion and rising order volumes.
“We are pleased to see the positive momentum has continued into the second half of the financial year, with continued revenue growth and improved margins. The foundations have been laid for sustained profitable and cash-generative growth and we are excited for what 2026 will bring,” said Ali Hall and Julie Lavington, joint-CEOs of Sosandar plc.
Fibre2Fashion News Desk (SG)
Published
January 18, 2026
The successor to C&A at 126, rue de Rivoli has finally been revealed. After more than two years of work to rehabilitate the historic building, which for many years housed the flagship of the Dutch fashion chain, Redevco announced on January 16 that another international fashion player will open its French flagship within the BPM project by late 2026.
With a planned footprint of 2,700 square metres, Muji shows that Uniqlo is not the only ambitious Japanese brand in France and Europe. The Japanese advocate of the “no brand” concept (Mujirushi Ryohin) has set its sights on one of the capital’s busiest thoroughfares. The store will be among the largest in Europe, eclipsing the already generous format at Forum des Halles.
It marks a milestone for Muji, whose Paris story began in 1998, when the brand quietly took its first steps on Rue Saint‑Sulpice, attracting a Left Bank clientele of insiders. In nearly thirty years, the brand has spread to the Marais, Saint‑Lazare and Bastille, with six stores. But the forthcoming Rivoli location, with its XXL format over three levels, signals a shift in approach on a thoroughfare that sees nearly 15 million visitors a year.
Muji to expand its range in Europe
“The future store will offer 2,500 square metres of sales space across three levels (basement, ground floor and first floor). For the brand, it’s a genuine relaunch in Paris and then in London, before rolling this proposition out across Europe,” Uriel Karsenti, the brand’s Europe director, told FashionNetwork.com.
“Our strategy is to align Muji’s image at a global level. The aim is to expand the sales area to present a much more comprehensive range.”
Today, Muji offers barely half the range available in its stores in Japan. In its new flagship, the brand will be able to present around 85% of the Japanese range, including the childrenswear collection, as well as skincare, and a much stronger selection of accessories, homeware and electronics.
“This will be our largest store in Europe, after our Finnish location, which is unique in having a restaurant. We are currently looking for a site in London, in the Oxford Street area, where we already have a store,” explained the executive, who hopes for a major opening in the English capital in 2027.
“The flagship is important for the group’s management, as it is a showcase project that will test Muji’s potential for international expansion, a significant growth driver for the Japanese leadership.”
The store, whose concept has been entrusted to Atelier Tsuyoshi Tane Architects (At‑ta), is due to open in October in a building completely refurbished by the owner.
The location is significant, and C&A attracted generations of customers here before closing in 2023. The owner, Redevco, has initiated a complete overhaul of the building to breathe new life into the 13,000 square metre complex. Dubbed “BPM” (for “Beats Per Minute”), the project, entrusted to architect Franklin Azzi, goes beyond a simple façade renovation. The future Muji flagship will be spread over three levels, but it will not be the only new feature: the building will also house a 57‑room Radisson Collection hotel, upmarket offices (the LVMH group is reportedly in the running for part of the space) and, more surprisingly, an urban logistics hub in the basement. Redevco says it was also keen to preserve the soul of the site by maintaining a listed 13th‑century crypt and opening a landscaped rooftop accessible to the public, offering a bird’s‑eye view over the rooftops of Paris.
With another fashion brand yet to be unveiled, Muji—whose parent company, Ryohin Keikaku, closed its 2024‑25 financial year at the end of August with global sales of 785 billion yen (around €4.3 billion) from some 1,450 stores worldwide—is bringing its full hybrid fashion‑and‑home concept to a Parisian thoroughfare that is reinventing itself.
Muji’s management, for whom the North American and European markets account for 5% of activity, intends to build on its positive momentum, having reported double‑digit growth in Europe in the first quarter of 2025‑26, supported by around 30 stores across nine markets.
The expanded range will also be progressively rolled out on its website next season. This is a major development and could prompt Muji to review its current French network, comprising five stores in Paris and one in Lyon. Following the opening of its flagship, Muji may look for new, larger spaces in the years to come.
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On a preliminary and unaudited basis, its US retail segment delivered high single-digit growth in the quarter, with comparable sales rising in the mid-single-digits, driven mainly by strong demand through its e-commerce channel. Brick-and-mortar stores also recorded positive comparable sales, while average unit retail pricing increased in the mid-single-digits as Carter’s reduced promotional activity.
Carter’s posted high single-digit Q4 FY25 sales growth and low single-digit full-year gains, supported by strong US e-commerce demand and higher average unit retail pricing.
US Retail and International segments grew, while Wholesale was mixed.
CEO Douglas Palladini highlighted improved pricing discipline and consumer response.
The extra trading week added about $33 million.
The US wholesale segment posted low single-digit growth during the quarter, while the international business achieved high single-digit growth compared with the same period a year earlier, Carter’s said in a press release.
For the full FY25, consolidated net sales increased in the low single-digits year on year. US retail sales grew in the low single-digits, supported by continued online momentum, while store-based comparable sales were broadly flat. Average unit retail pricing was broadly unchanged from the previous year. In contrast, US wholesale revenue declined in the low single-digits, while international sales advanced in the mid-single-digits.
“As we consistently focus on business stabilisation and returning to growth, I am pleased to see the impact our many actions are having, especially considering the highly competitive holiday sales period,” said Douglas C Palladini, chief executive officer (CEO) and president at Carter’s. “Fourth quarter comparable retail sales grew for the third consecutive quarter, reflecting strong consumer response to product and marketing initiatives, both in store and online. We also continue to grow average unit retail pricing as we price up, including less promotional activity, an important element of ongoing efforts to offset the impact of higher tariffs and improve profitability.”
Carter’s noted that fiscal 2025 included an extra trading week, which it estimates added around $33 million to consolidated net sales.
The company also announced the appointment of David B Tichiaz as chief brand officer, reporting to Palladini Tichiaz will lead Carter’s product design and merchandising teams and brings nearly two decades of global lifestyle brand experience.
Fibre2Fashion News Desk (SG)
Published
January 18, 2026
In a busy, but chilly 24 hours, Milano Moda Uomo ranged from the mountain party animal style at Dsquared2 or fisherman’s inspired moods at Setchu, to Paul Smith’s archive revival and Corneliani’s AI-influenced display.
Dsquared2: Rocky Mountain ravers
Dsquared2’s invitation this season was a ski pass, though one imagined that it mainly gained guests entry into an après-ski bar or an after-hours club and not an actual mountain slope.
The backdrop was a wild snow-capped Canadian Rockies, the show’s star was “Heated Rivalry” star Hudson Williams, pouting as he walked down the snow-white runway in a denim jacket with frayed seams, black faded jeans and the first of a great series of new futuristic cowboy boots finished with ski bindings.
Designers Dean and Dan Caten blended slopes and sex with high-shine latex bodystockings worn with faux-fur trapper coats or studded corsets. In a cunning love, the Dsquared2 duo frosted denim jeans, loon pants, jackets or huge Klondike coats. Along with a great series of humungous glistening puffers – ideal to wear for a party to celebrate a gold medal winner in next month’s Milan Cortina Winter Olympic Games.
No wonder they entitled this fall 2026 collection, “Game On”.
Many models donning retro-futurist goggles and winter shades in a collab’ with Carrera, often completed with a Dsquared2 x Carrera elastic band.
Despite the chilly theme, the model sizzled – especially two young shirtless beef cakes with pneumatic drill tummies, who were later called on to carry Dean and Dan on their shoulders as they took their ovation at the noisy finale. The Canadian twins looked like they were in heaven.
Setchu: From Greenland to Normandy
One of the most fertile designers in fashion today is Satoshi Kuwata, whose staged his third-ever runway show in his new home, a revamped atelier on Via Privata Rezia, in northwest Milan.
For next season, Kuwata again sought inspiration in his favorite hobby – fishing. For the uninitiated, he’s maintaining a rich tradition among distinguished designers – seeing as Oscar de la Renta and John Rocha share a similar rod casting obsession.
And, thanks to winning the 2023 LVMH Prize, this Japan-born and Milan-based designer was able to indulge a life-long dream – flying to Greenland to fish the world’s best cod fish.
“I know Greenland is very in the news now, but I went there before this current trendy boom began,” he cautioned in a pre-show briefing
Noted for his fabric innovations, Satoshi dreamed up a remarkable silk and wool jacquard that looked uncannily like sealskin. Seen on a fall-away blouse and skirt in this co-ed show.
Blending east and west, he also played on traditional hooded top from icy northern Japan, and woven reed shoes from the sunnier south.
Blending East-meets-West with samurai-style duffle coats or ruched bankers suits – Tokyo financier-meets-Oxford rockstar.
Paul Smith: Archival energy
Sir Paul Smith’s love affair with Milan continues, as he enjoyed greeting fresh eyes to witness this latest archive-inspired collection.
An indie Anglo-classic-with-a-twist collection by the designer, who personally opened the show with a witty monologue, talking into the microphone from the top floor of the thee-floor showroom.
“Fashion is getting more and more mass produced. Can you believe it, hmmmm,” lamented Sir Paul, in opening megaphone-like remarks, noting that his design team was inspired by his company archive of over 6,000 looks. Their ideas, in turn, inspire him.
Twisting classics so much so that several blazers were made literally inside out, showing exposed stitching and shoulder pads. A collection whose tailoring was very much in sync with the wider silhouettes that are dominating the current season. Cutting jackets so they hung away from the body and trousers flat front and very wide.
Plus, in a season of iridescence, the cast donned shiny trousers and corporal’s military shirts made in active sport nylon. However, when the wind blows down from the Alps as it did today, the cast could wrap up in the fabric of the season Donegal tweed-style flecked woollens – made into flap pocket weekend jackets and soft-collared coats. Several models matching mini tricorne hats.
Backed up by Ryuichi Sakamoto’s “Riot in Lagos”, it made for a jolly moment. Winning Sir Paul an extended applause as he descended two floors in a long tour of the twisting catwalk.
Corneliani: AI meets Milan
Using AI, Corneliani’s creative director Stefano Gaudioso Tramonte commissioned a novel film that played on iconic cinematic moments. Its title: “The Gentleman“.
Presented inside a Renaissance courtyard, it made for a great backdrop to his latest collection for the house – a neat blend of debonair with practical style. Presented on a dozen models, before a select group of editors, sat on 1930s cinema seats.
Amid all the drizzle of chilly Saturday, the windowpane, patch pocket trench coats looked ideal, as did the mohair-mix overcoats with peak collars.
Made in a color mix of mauve, mud, pale gray, chocolate and more mauve.
“We have staged our last shows with music and with dance in the past two seasons. This season, we used AI to express those magic moment in cinema, and fashion’s special relationship with the silver screen,” he explained.
Inside the palazzo, one was also impressed by a very now sheepskin matelassé jerking, worn with a high roll neck merino wool sweater. Or a precise brushed suede mud-hued blazer worn with a Nehru-collar shirt in faded bronze.
But in the end, the heart of Corneliani will always be its classy suiting. Made more attractive by Stefano’s relaxed interpretation of masculine style. Call it ‘Modern Gentleman’.
Copyright © 2026 FashionNetwork.com All rights reserved.
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