Fashion
US’ textiles & apparel exports fell 3% to $13 bn in Jan-July 2025
Among the top ten export markets, shipments to Mexico fell *.** per cent, totalling $*,***.*** million in January–July ****. Mexico remained the single-largest export destination, accounting for nearly ** per cent of US exports, making this decline particularly significant. Exports to Honduras, the Dominican Republic, Canada, the United Kingdom, and China also declined, by up to **.** per cent. In contrast, exports to the Netherlands, Japan, Belgium, and Guatemala rose, with gains of up to **.** per cent. The surge in shipments to Europe and Japan suggests growing diversification of export markets amid falling demand in North America.
During the same period, the US exported $*,***.*** million worth of textiles and apparel to Canada, $***.*** million to Honduras, $***.*** million to the Netherlands, $***.*** million to China, $***.*** million to Guatemala, and $***.*** million to the Dominican Republic—its key export destinations. Despite trade tensions, China remained a top-five market for US textiles, though volumes continued to decline.
Translated by
Nazia BIBI KEENOO
Published
September 15, 2025
The Formula 1 Spanish Grand Prix is revving up with a new sponsor. Swiss luxury watchmaker Tag Heuer was announced as the event’s title sponsor on Saturday, 13 September, during a countdown event at Madrid’s Puerta del Sol. At 3 p.m.—the scheduled start time for the 2026 race—a giant Tag Heuer clock was set in motion.
The agreement, which reinforces Tag Heuer’s historic ties to motorsport, will ensure the brand maintains a prominent presence across all areas of the event. The activation includes exclusive experiences for fans, as well as on-track activities, in line with its role as Formula 1’s official timekeeper from 2025, following the ten-year global agreement signed between LVMH and the championship.
The Formula 1 Tag Heuer Gran Premio de España 2026 will take place from 11 to 13 September at the capital’s IFEMA Madrid exhibition center. This choice of dates has led IFEMA to modify the schedule for the summer edition of the fashion and accessories trade show Momad, which will now take place in July to avoid clashing with the sporting event.
Founded in 1860 by Edouard Heuer in Switzerland, the brand is now part of the LVMH group and has been led since 2020 by Antoine Pin. Headquartered in La Chaux-de-Fonds, Tag Heuer is present in 139 countries through a network of 260 directly operated stores and over 2,300 points of sale. Its portfolio includes watch lines such as Carrera, Monaco, Autavia, Link, Aquaracer, Formula 1 and Connected.
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Copyright © 2025 FashionNetwork.com All rights reserved.
By
Reuters
Published
September 15, 2025
Hackers have stolen the private details of potentially millions of customers from luxury fashion brands Gucci, Balenciaga and Alexander McQueen, according to a report by the BBC. The cyberattack targeted the labels’ French parent company, Kering.
Kering confirmed the breach in a statement without naming the affected brands. It said that in June, “an unauthorized third party gained temporary access to our systems and accessed limited customer data from some of our Houses.”
The attack appears to be part of a broader wave of cyber incidents affecting global luxury brands and retailers this year.
Breaches have also occurred at Richemont’s Cartier and several labels owned by luxury group LVMH. In July, Hong Kong’s privacy watchdog announced an investigation into a data leak involving about 419,000 customers at LVMH’s Louis Vuitton.
According to the BBC report, the stolen client data includes names, email addresses, phone numbers, home addresses and the total amounts spent in-store.
Kering said no financial information—such as credit card or bank account numbers—was compromised.
The hackers, who identified themselves to the BBC as “Shiny Hunters,” claimed to have data linked to 7.4 million unique email addresses.
Kering stated that its brands immediately reported the breach to the appropriate authorities and notified customers in accordance with local regulations. The company declined to specify which countries were affected when asked by Reuters.
© Thomson Reuters 2025 All rights reserved.
Published
September 15, 2025
Dior has appointed the famed French chef Yannick Alléno to be the culinary king of the Monsieur Dior restaurant at 30 Montaigne, the brand’s outrageously luxe Paris flagship.
A three-star Michelin chef, Alléno will also be responsible for La Pâtisserie – renamed “Le Jardin” – and Le Café: three venues dedicated to that French specialty – the art of living – located in the townhouse that saw the birth of the fashion house in 1946.
Very much a gastronomic revolutionary, Alléno is renowned for reinventing French cuisine by employing innovative techniques such as fermentation, extraction, and cryoconcentration to elevate sauces and capture the essence of flavors.
Alléno first began attracting attention as the chef of the five-star Hotel Meurice in Paris before going on to collaborate with Bernard Arnault, the CEO of LVMH, which controls Dior, at the 1947 restaurant in Cheval Blanc Courchevel, another brand within the luxury conglomerate.
“What would Christian Dior do if he were to create a restaurant today?” Alléno asked himself before creating an exclusive menu for Dior.
His new menu is designed like a collection, where forms and textures echo the couture universe, the archives, and Dior looks. Key inspirations include nature and flowers, about which Monsieur Dior was so passionate.
Yannick Alléno is, in 2025, the most Michelin-starred chef in the world, with 18 restaurants crowned with 17 stars in the Michelin Guide. Monsieur Dior becomes the nineteenth establishment under his direction.
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