Discover e-Solutions Ltd (“DeSL”), a global provider of AI-powered Product Lifecycle Management (PLM) solutions for fashion, apparel, retail and footwear, has entered into a strategic agreement with Textile Solutions Group (“TSG”), a technology group focused exclusively on digital solutions for the textile and apparel industry.

The agreement strengthens DeSL’s ability to support brands and manufacturers with connected digital workflows spanning product development, sourcing and supply chain operations, while enhancing long-term investment capacity, global reach and access to a broader international presence across key textile and apparel markets.

DeSL has entered a strategic agreement with Textile Solutions Group to strengthen digital capabilities across the textile and apparel industry.
The collaboration will integrate AI-powered PLM with broader manufacturing and supply chain technologies, enabling more connected product development, sourcing and production workflows while accelerating innovation, scalability and global industry reach.

Founded in 2002, DeSL delivers secure, ISO 27001-certified SaaS solutions designed specifically for the fashion and textile industries. Its PLM platform connects people, processes and product data in a unified environment, enabling organizations to manage design, development, sourcing, supplier collaboration, quality and compliance with greater visibility and control.

Colin Marks, Founder and CEO of DeSL, commented:

“Since founding DeSL, our focus has been delivering industry-specific digital solutions that reflect the operational realities of fashion and textiles. Entering this strategic agreement with Textile Solutions Group strengthens our ability to invest in innovation, deepen integration across the supply chain, and support our customers with an even more connected digital ecosystem. We remain fully committed to our customers, our roadmap and the continued evolution of PLM.”

DeSL will continue to operate under its established brand and leadership.

Commenting on the alignment, Anton Hofmeier, CEO of Textile Solutions Group, said:

“We are proud to welcome DeSL’s customers and team into the Textile Solutions Group. This is more than a portfolio expansion — it is a strategic step toward building a more connected digital foundation for the textile and apparel industry. By combining DeSL’s AI-powered PLM expertise with TSG’s deep manufacturing and textile execution capabilities, we are strengthening the connection between product creation and industrial performance. Together, we will help businesses navigate complexity, increase agility, and achieve measurable improvements in efficiency, speed, and sustainability.”

In recent years, TSG has brought together complementary technology businesses spanning enterprise planning, design systems, production execution and operational optimisation, forming a unified digital ecosystem tailored specifically to the textile and apparel industry. DeSL’s PLM capabilities extend this ecosystem upstream into product creation and collaboration, reinforcing continuity from concept through sourcing and execution.

With additional strategic backing, DeSL intends to accelerate investment in AI-powered PLM workflows, advanced sourcing and supplier collaboration capabilities, deeper integration across supply chain systems, and continued enhancement of cloud security and scalability.

The agreement reflects a shared commitment to advancing industry-specific digital solutions tailored to the evolving demands of global fashion and textile businesses.

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 (MS)

In the second half of fiscal 2025, Belgian’s Van de Velde’s comparable revenue amounted to €203.4 million (~$235.9 million), a decrease of 1.1 per cent. A positive turnaround was visible in the latter half of the year, with revenue growing 1.9 per cent following a weaker first half.

Comparable revenue in the D2C segment amounted to €55.9 million (~$64.8 million). Comparable B2B revenue totalled to €147.5 million (~$171.1 million) (-3.4 per cent vs. last year). In the second half of 2025, comparable EBITDA was €47.1 million (~$54.6 million), or 23.2 per cent of comparable revenue.

The D2C segment achieved revenue growth of +5.2 per cent. Brand websites performed strongly in both halves of the year. This positive trend was further supported by ongoing geographic expansion and a strengthened presence on external online marketplaces. In addition to adding new sales points, this aligns with our strategy to further enhance brand experience.

Van de Velde reported second-half fiscal 2025 comparable revenue of €203.4 million (~$235.9 million), down 1.1 per cent, but showing a 1.9 per cent recovery after a weak first half.
D2C revenue reached €55.9 million (~$64.8 million), while B2B totalled €147.5 million (~$171.1 million). Comparable EBITDA was €47.1 million (23.2 per cent margin).

“After a challenging first half of the year, we returned to revenue growth in the second half, driven by lingerie sales. The renewal of our assortment and the further expansion of the Direct-to-Consumer segment to strengthen brand experience are beginning to bear fruit in both the summer and winter seasons. This also translated into higher EBITDA in the second half. In the first half, however, EBITDA decreased due to lower sales in Swim and the impact of high import duties on the US market,” CEO Karel Verlinde said.

Fibre2Fashion News Desk (RR)

Italian luxury fashion house Prada Group has reported consolidated net revenues of €5.72 billion (~$6.64 billion) for the year ended December 31, 2025, reflecting a 9 per cent year-on-year (YoY) increase and marking 20 consecutive quarters of growth for the company. The results were supported by sustained brand desirability, strong retail execution and continued investment despite a challenging global macroeconomic environment.

Retail sales reached €5.102 billion, up 9 per cent YoY, driven primarily by full-price like-for-like sales across markets. In the fourth quarter (Q4), retail sales rose 9 per cent YoY (+6 per cent organic) despite strong comparatives from the previous year. Group net income increased 2 per cent to €852 million, while adjusted EBIT margin stood at 23.2 per cent, including the dilutive impact of Versace following its acquisition on December 2, 2025.

Prada Group has reported net revenues of €5.72 billion (~$6.64 billion) in 2025, up 9 per cent YoY, marking its 20th consecutive quarter of growth.
Retail sales rose 9 per cent to €5.102 billion (~$5.92 billion), driven by strong full-price demand and 35 per cent growth at Miu Miu.
Prada remained resilient despite a slight decline.
The group completed the Versace acquisition in Q4.

The Prada brand recorded retail sales of negative 1 per cent YoY, showing improved momentum in the second half and returning to growth in the fourth quarter (+0.4 per cent). The brand-maintained engagement through new retail concepts, including flagship retail opening in New York, and the Prada Alexandra House concept in Hong Kong, the group said in a press release.

Meanwhile, Miu Miu delivered strong growth, with retail sales rising 35 per cent year on year despite high comparatives from FY24 (+93 per cent). Fourth-quarter sales increased 20 per cent, supported by balanced growth across regions and product categories. Store expansions and renovations in Wuhan, London and Tokyo also contributed to stronger customer engagement.

Patrizio Bertelli, chairman and executive director of Prada Group, said, “We are pleased to report another solid set of results in 2025, with healthy growth and sound profitability, achieved in a challenging macroeconomic and industry context. The desirability of our brands remains rooted in creativity, consistency and authenticity. Our manufacturing platform is a key strength, supporting quality, craftsmanship and the operational agility required by the market. The acquisition of Versace marks a significant step in the strategic evolution of the Group, adding a highly distinctive and complementary brand to our portfolio and contributing to our long-term growth ambitions.”

The results achieved in 2025 mark five consecutive years of growth for the group; a solid performance delivered against tough multi-year comps. Meticulous execution, built on constant attention to routines across functions, continued to underpin the progress of our brands. Over the year, Prada showed good resilience, proving to be on a solid strategic stance; Miu Miu delivered yet another year of remarkable growth,” said Andrea Guerra, group CEO.

“With the acquisition of Versace, we welcomed a brand with incredible heritage and awareness; this new journey will demand respect, care and patience. Looking ahead, we remain committed to the ambition to deliver above-market growth for the Group. With respect to profitability, ex Versace, we continue to aim for organic margin progression; Versace’s consolidation will drive a dilutive effect on the group EBIT margin in FY-26, with a target to resume progressive improvement from FY27,” added Guerra.

Regionally, Asia Pacific recorded 11 per cent growth (+10 per cent organic) during the year, while Europe rose 5 per cent (+4 per cent organic), though momentum softened in the second half due to lower tourism and high comparison bases.

The Americas remained the strongest region, posting 18 per cent growth (+15 per cent organic) supported by strong local demand. Japan grew 3 per cent, while the Middle East advanced 15 per cent, though growth moderated in the latter half of the year.

Prada continued to advance its strategic investment programme with capital expenditure of €535 million, excluding real estate. The group maintained a strong financial position with net debt of €466 million, supported by robust cash generation.

The company also progressed its sustainability agenda across environmental and social initiatives. Investments in green energy and operational improvements helped the group exceed its science-based targets for Scope 1 and Scope 2 greenhouse gas emissions. Initiatives in supply-chain traceability, water stewardship and responsible chemical management were also expanded.

Versace reported net revenues of €684 million in FY25, though the brand incurred operating losses. Prada expects some revenue contraction in 2026 as the brand undergoes creative transition and distribution repositioning, with profitability improvements targeted from 2027 onwards.

Fibre2Fashion News Desk (SG)