Fashion
Vestiaire Collective adds Ganni to Resale as a Service programme
Published
October 23, 2025
Vestiaire Collective has added a new partnership to its resale service, linking up with Copenhagen-based Ganni to introduce “a dedicated service that empowers the Ganni community to give their pre-loved pieces a new story”.
Ganni is well known for its circularity/sustainability initiatives so it’s unsurprising that it has decided to partner with one of the biggest names in resale.
It means customers can now submit their Ganni pieces directly through Vestiaire Collective’s platform. Once items are reviewed and accepted, sellers are “instantly rewarded” with a Ganni gift card, topped up by the brand with an additional 10%, “eliminating the need to wait for their item to sell”.
The link-up is the 13th addition to Vestiaire Collective’s Resale as a Service programme that launched in 2021 in response to increasing demand from luxury and designer brands seeking to integrate circularity into their business models.
The company said it “creates a win-win ecosystem: brands and retailers can offer their customers a circular alternative to sell back unwanted items—typically in exchange for store credit—while strengthening customer loyalty and relationships”.
These partnerships also provide Vestiaire Collective’s members access to “authentic, high-quality supply from top trending fashion brands, enriching the platform’s curated selection”.
The reseller currently has deals with Chloé, Burberry, Isabel Marant, MyTheresa, and LuisaViaRoma, among others.
Copyright © 2025 FashionNetwork.com All rights reserved.
By
Reuters
Published
December 10, 2025
South African fashion retailer Mr Price will acquire NKD Group, a German-based discount retailer for up to 487 million euros ($567.55 million), it said on Wednesday, marking its first entry to the European market. By 1030 GMT, Mr Price shares were down 13.35%.
Mr Price said that NKD, an apparel and homeware retailer with 2,108 stores in seven Central and Eastern European countries, is a strategic fit. Market data indicates that the growth in the value retail market is outpacing that of the overall retail market. In Europe, value retailing accounts for about 22% of the market.
“After meeting the NKD team, it was evident that this was the right business to pursue,” said the group’s Chief Executive Officer Mark Blair. “Like us, they are value-retailers at heart and have a very clear understanding of who their customer is and how to best serve them,” he added.
The acquisition of NKD, which is from funds managed by TDR Capital LLP, includes the purchase of all NKD shares and income from shareholder loans. The deal will be settled using a mix of existing cash reserves and debt facilities, Mr Price said in a statement.
The transaction is subject to regulatory approvals, including clearance from the European Commission and the South African Reserve Bank. It is expected to close by the second quarter of 2026, Wednesday’s statement said.
Once completed, Mr Price’s annual revenue would increase to approximately 53 billion rand ($3.12 billion) from 40.9 billion rand, while the number of its stores would reach more than 5,000, up from around 3,100, and it would have more than 40,000 employees.
© Thomson Reuters 2025 All rights reserved.
Malaysia’s textile imports grew 9.41 per cent year-on-year to $768.040 million in January–August 2025, with volumes also rising, signalling stronger raw-material demand from downstream manufacturers.
Higher imports across fibre, fabric and yarn reflect a gradual supply-chain rebound, deeper ASEAN sourcing links, and Malaysia’s reliance on imported inputs due to limited domestic capacity.
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By
Reuters
Published
December 10, 2025
Private equity firm CVC Capital Partners is seeking a sale of FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, after shelving plans to list it in Tokyo, said four sources with knowledge of the matter.
FineToday, which counts China as its second-biggest market, postponed its Tokyo Stock Exchange initial public offering (IPO) in October, citing market conditions, according to a company statement. FineToday was expected to debut with a market capitalisation of about 169 billion yen ($1.08 billion) in the postponed IPO. The company had previously targeted roughly 219 billion yen in a 2024 attempt to go public.
Both valuation outcomes fell short of CVC’s internal expectations, two of the sources said. One of the sources said CVC is now seeking a valuation of over $2 billion, or around 14–15 times earnings before interest, taxes, depreciation and amortisation (EBITDA), for FineToday.
Interest has emerged from global buyout firms and at least one Chinese strategic investor, one of the sources added, but declined to name any of the interested parties. All the sources declined to be identified as the information is confidential.
CVC and FineToday declined to comment on Wednesday.
The planned sale comes amid renewed strains in Japan–China relations. FineToday noted in its latest preliminary offering document that sales in China and Hong Kong were hit by a consumer backlash against Japanese brands after Japan released treated water from the Fukushima nuclear plant in 2023, and warned that it remains exposed to any future geopolitical tensions.
FineToday was created in 2021 after Shiseido Co carved out its personal-care unit and sold it to CVC in a 160 billion yen deal. The Tokyo-based company manufactures and markets haircare, skincare and deodorant products under brands including Tsubaki, Fino, Senka, Uno, Ag Deo24 and Kuyura, according to its official website and IPO filing.
About half of its sales come from overseas markets, with China a key market. In the six months ended June 30, 2025, 35.9% of revenue came from China and Hong Kong, while Japan contributed 44.3%, the filing showed.
FineToday posted 107.3 billion yen ($688.66 million) revenue in 2024 and 56.6 billion yen in the first half of 2025, with an adjusted EBITDA margin improving to 21.0% from 15.5% a year earlier, according to the filing.
© Thomson Reuters 2025 All rights reserved.
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