Gymshark Founder in Talks to Buy Back Part of Stake Sold to Private Equity
Ben Francis is in discussions to buy back a portion of the 21 percent stake he sold in 2020 as he looks to increase his control of the activewear brand.
The Guardian
Retail
GLP-1’s Fashion Impact Spreads to Britain
Uptake of weight loss drugs is accelerating in the UK, shifting consumers tastes for fashion, beauty and wellness products and denting sales of large sizes. ‘These drugs are reshaping the plus-size fashion market at remarkable speed,’ BeigePlus CEO Hennie Fearnley said.
GLP-1’s Fashion Impact Spreads to Britain
Uptake of weight loss drugs is accelerating in the UK, shifting consumers tastes for fashion, beauty and wellness products and denting sales of large sizes. ‘These drugs are reshaping the plus-size fashion market at remarkable speed,’ BeigePlus CEO Hennie Fearnley said.
Beauty
The Festival Where Haircutting Is a Spectator Sport
At Sydney’s Hair festival, professionals from the hair industry put their locks on show — and jostle for a view of the live cutting competition.
The Festival Where Haircutting Is a Spectator Sport
At Sydney’s Hair festival, professionals from the hair industry put their locks on show — and jostle for a view of the live cutting competition.
News & Analysis
Naomi Campbell Called Unfit to Run a Charity in Her Appeal Against Ban
The supermodel’s foundation, Fashion for Relief, which had raised millions of dollars for anti-poverty projects, was wound up in March 2024 after managers sent in by the commission found it was insolvent.
Naomi Campbell Called Unfit to Run a Charity in Her Appeal Against Ban
The supermodel’s foundation, Fashion for Relief, which had raised millions of dollars for anti-poverty projects, was wound up in March 2024 after managers sent in by the commission found it was insolvent.
Retail
Victoria’s Secret Shareholder Wages High-Stakes Campaign to Oust Chair
Billionaire Brett Blundy, whose investment firm is the lingerie brand’s second biggest shareholder, is waging a campaign to oust the long-term chair, setting up a showdown at the company’s annual meeting on Thursday.
Victoria’s Secret Shareholder Wages High-Stakes Campaign to Oust Chair
Billionaire Brett Blundy, whose investment firm is the lingerie brand’s second biggest shareholder, is waging a campaign to oust the long-term chair, setting up a showdown at the company’s annual meeting on Thursday.
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The News in Brief
EU Introduces €3 Customs Charge on Small Parcels to Curb Cheap Chinese Imports
Low-value parcels have more than quadrupled from 2022 to 2025, with competition from online platforms like Shein and Temu damaging European retailers.
UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein
Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.
Pakistan to Abolish ‘Period Tax’ on Sanitary Products
Pakistan’s finance minister said he intends to abolish an 18 percent sales tax on period products, in a victory for young campaigners who had taken the government to court over the charges.
Lululemon Apologises After Japanese Drum Controversy at China Event
The brand sparked an uproar on Chinese social media after a yoga event on the Great Wall billed as a traditional performance appeared to feature a Japanese drum.
Mike Ashley’s Frasers Follows Hugo Boss Bid With Offer for Accent Group
In his second takeover bid in a week, retail billionaire Ashley has offered to purchase the remainder of Frasers’ stake in an Australian footwear business for $223 million.
Revolutionary British Artist David Hockney Dies Aged 88
The iconic British painter who cast a revolutionary gaze across 20th-century art and became an inspiration to numerous designers, as well as a style icon in his own right, has died.
Whey Protein Shortage Looms As Weight-Loss Drugs Soar
The growing popularity of weight-loss drugs has fuelled global demand for whey protein, sparking concerns among industry experts over a potential shortage.