Calvin Klein Inc., which is part of PVH Corp. [NYSE:PVH], unveils its Spring 2026 campaign starring internationally recognized footballer Raphinha in the brand’s signature underwear. Captured by Daniel Sannwald, the campaign unites athleticism and underwear innovation through Raphinha’s unmatched confidence and skill.

Shot with a focus on movement and strength, the creative brings the footballer’s elite skills to life alongside the newest Calvin Klein underwear styles. Elevated fits and advanced fabrications are made to move with the body, delivering comfort and control. Dynamic visuals explore multiple dimensions of performance, embodying the season’s theme of living in the moment. The accompanying campaign film, set to an up-tempo rhythm, captures Raphinha’s raw athletic energy through the brand’s distinctive visual language.

Calvin Klein, part of PVH Corp., has launched its Spring 2026 campaign starring Brazilian footballer Raphinha.
Shot by Daniel Sannwald, the campaign highlights movement and performance while introducing new underwear styles, including Icon Active Mesh with ventilated panels and Icon Cotton Stretch with an Infinity Bond waistband and moisture-wicking finish.

Designed for a life in motion, underwear innovation drives the season. New ‘Icon Active Mesh’ is engineered with reinforced construction and ventilated mesh panels for enhanced airflow. ‘Icon Cotton Stretch’ elevates the brand’s iconic logo waistband with an innovative stitch-free Infinity Bond waistband and a moisture-wicking finish to deliver performance and premium comfort.

“As an athlete, I’m always focused on how I move and how I feel, and Calvin Klein underwear is designed for performance,” said Raphinha. “This campaign was particularly special as it allowed me to channel my love of music, which had a huge influence on how I grew up, and my love of football.”

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 (JP)

Global Fashion Group (GFG), Europe’s leading online fashion and lifestyle destination, has generated €1.0 billion (~$1.1601 billion) of Net Merchandise Value (NMV), with Q4 peak trading contributing about a third of the full year. On a constant currency basis (ccy), FY NMV was broadly stable increasing 0.3 per cent year-on-year (YoY) and Q4 NMV increased 0.7 per cent YoY.

GFG continued to prioritise profitable customer acquisition, engagement and reactivation. The customer base ended 2025 down 4.0 per cent YoY, whilst order frequency increased 2.3 per cent, supported by engagement initiatives in ANZ and LATAM that more than offset the decline in SEA.

Global Fashion Group (GFG) generated ~$1.16 billion NMV in 2025, with Q4 contributing a third.
ANZ and LATAM grew NMV and delivered positive Adjusted EBITDA, while SEA remained challenged.
Gross margin rose to 46.4 per cent, driving ~$10.44 million Adjusted EBITDA and near NFCF breakeven.
In 2026, NMV is expected at ~$1.15–1.24 billion, with Adjusted EBITDA ~$17.4–29 million.

ANZ, GFG’s largest region with 49 per cent of group NMV, returned to growth and delivered stronger profitability with a 5.7 per cent YoY ccy NMV increase and €26 million (~$30.16 million) of Adjusted EBITDA which converted strongly into positive Normalised Free Cash Flow. LATAM (30 per cent of group NMV) delivered an NMV increase of 6.1 per cent ccy and €3 million (~$3.48 million) of Adjusted EBITDA with NFCF near breakeven. SEA (21 per cent of group NMV) remained challenged on the topline with NMV down 15.2 per cent YoY ccy. However, SEA’s rate of decline continued to ease with Q4 NMV down 9.7 per cent YoY ccy. In 2025, SEA remained resilient on profitability and delivered €3 million (~$3.48 million) Adjusted EBITDA, and was also near NFCF breakeven.

Supported by a healthier inventory profile and ongoing business model shift toward marketplace and platform services, GFG increased its gross margin by 1.5ppt to 46.4 per cent in 2025. The expanding margin combined with ongoing cost reductions drove a €27 million (~$31.32) million improvement in Adjusted EBITDA to €9 million (~$10.44 million), representing a 1.4 per cent margin. This marked the delivery of one of GFG’s key financial ambitions: positive group Adjusted EBITDA. Q4 Adjusted EBITDA margin was particularly strong at 7.6 per cent, up 3.5ppt YoY, the company said in a press release.

This improvement to Adjusted EBITDA along with a reduction in capital expenditure following the completion of key technology investments drove GFG’s €10 million (~$11.60 million) improvement in NFCF to an outflow of €32 million (~$37.12 million) in 2025.

In 2026, GFG expects to deliver NMV in a range of (4)-4 per cent YoY ccy, implying €990-1,070 million (~$1,148.50–$1,241.31 million) of NMV. This reflects softer current trading and H1 expectations, as well as different H2 trajectories to account for macroeconomic factors in nine markets. Adjusted EBITDA is expected to be in a range of €15-25 million (~$17.40–$29.00 million).

Fibre2Fashion News Desk (RR)

Turkiye’s trade sales volume index increased 7.6 per cent year on year (YoY) in January, according to data released by the Turkish Statistical Institute (TurkStat). The wholesale trade sales volume rose 1.5 per cent during the month.

Retail activity remained the main driver of the expansion. Retail trade sales volume increased 18.8 per cent YoY in January, highlighting continued consumer demand despite broader economic volatility, TurkStat said in a press release.

Retail sales in Turkiye rose strongly in January 2026, driven by demand for textiles, clothing and footwear, according to TurkStat.
The trade sales volume index increased 7.6 per cent year on year, while retail trade sales volume surged 18.8 per cent.
Textiles, clothing and footwear grew 14.9 per cent annually.
On a monthly basis, trade sales rose 0.1 per cent and retail sales increased 2.4 per cent.

Sector-wise, retail trade excluding watches and jewellery recorded an 11.1 per cent annual increase, while the textiles, clothing and footwear segment grew 14.9 per cent YoY, reflecting sustained spending on apparel and related products.

On a month-on-month (MoM) basis, total trade sales volume edged up 0.1 per cent in January compared with December. Within the trade categories, wholesale trade declined 1.6 per cent.

Retail trade continued to expand on a monthly basis as well, with the retail sales volume index increasing 2.4 per cent MoM. Retail trade excluding watches and jewellery grew 0.8 per cent, while textiles, clothing and footwear sales increased 1.3 per cent over the previous month.

Fibre2Fashion News Desk (SG)