Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

FW

FW
 

French luxury titan LVMH has finalized its 100 per cent acquisition of Les Editions Croque Futur, absorbing influential titles Challenges, Sciences & Avenir, and La Recherche into its UFIPAR investment vehicle. This maneuver transitions LVMH from a minority stakeholder (previously holding 40 per cent) to the sole proprietor, buying out founder Claude Perdriel. The move is viewed by retail analysts as a strategic effort to control high-value business and scientific discourse, paralleling LVMH’s existing ownership of Les Echos and Le Parisien. Market experts suggest this ‘information luxury’ model allows the group to align its brand prestige with intellectual authority in an increasingly volatile digital economy.

Digital transformation and commercial resilience

The acquisition comes at a pivotal moment as the French advertising market is projected to reach €28.5 billion by late 2025. LVMH plans to accelerate the digital evolution of these mastheads to ensure long-term viability amidst shifting readership habits. By appointing Maurice Szafran as President, the group is signaling a commitment to editorial continuity while leveraging its deep capital reserves to modernize scientific and economic reporting. Retail insiders note,as LVMH reports steady revenue growth - surpassing €58 billion in the first nine months of 2025 - the group is utilizing its robust balance sheet to insulate these media assets from the wider industry’s ‘whipsaw’ market conditions.

Luxury ecosystem expansion and sector impact

This full integration reinforces a broader trend of ‘brand ecosystem’ building, where luxury conglomerates own the channels that define cultural and economic status. The addition of Challenges - famous for its annual ranking of French fortunes - places LVMH in a unique position of influence over the very metrics that track its industry’s success. While the editorial staff has emphasized the need for independence, LVMH’s track record with Paris Match and Radio Classique suggests a model where financial stability is traded for strategic alignment with the group’s ‘Art of Crafting Dreams’ philosophy.

The world’s leading high-quality products group, LVMH operates across five sectors, including Fashion, Wines & Spirits, and Selective Retailing. Managed via UFIPAR, its media arm focuses on prestigious French mastheads. With 2024 revenues of €84.7 billion and a net profit of €12.6 billion, the group is aggressively expanding its cultural influence to supplement its core luxury industrial activities globally.

 

Wolverine World Wide (WWW) is successfully navigating a complex 2026 fiscal landscape by concentrating its marketing capital into elite urban hubs, a move that has effectively insulated its flagship brands from broader sector volatility. While the group anticipates an incremental $55 million unmitigated tariff impact this year, the ‘Active Group’ - comprising Saucony and Merrell - continues to serve as a high-margin firewall. In particular, Saucony has maintained an aggressive growth trajectory, with recent data showing a 27 per cent Y-o-Y revenue growth. This momentum is anchored by the brand’s ‘Key City’ initiative, which prioritizes hyper-localized retail experiences in Tokyo, London, and Paris over traditional mass-market distribution.

Industrial innovation and APAC acceleration

Beyond performance running, the company is capturing a larger share of the modern outdoor lifestyle market through Merrell’s strategic expansion. No longer confined to technical hiking, Merrell is evolving into a versatile lifestyle brand, a shift that contributed to double-digit gains across EMEA markets. In the Asia-Pacific region, WWW is utilizing local partnerships to scale its footprint in China, targeting discerning consumers in higher-tier cities. Management expects APAC to remain the fastest-growing territory for Saucony through late 2026. This regional strength is boosted by the group’s ‘Strategic Innovation Hub,’ which integrates AI-driven market analysis and sustainable material science—factors that 47 per cent of outdoor consumers now cite as a primary purchase driver.

Operational discipline amidst market bifurcation

As the footwear industry experiences a distinct ‘K-shaped’ recovery, WWW has maintained price integrity by reducing promotional activity and optimizing its inventory mix. This financial discipline resulted in a record gross margin of 47.5 per cent in the most recent quarter. While the Work Group segment has faced headwinds, the appointment of new leadership and the launch of the ‘Infinity System’ platform for industrial boots aim to stabilize the category. By focusing on disruptive innovation rather than volume-driven sales, WWW remains positioned to exceed its projected $1.87 billion revenue guidance, demonstrating resilience in a competitive landscape dominated by high-income consumer demand for athleisure and performance footwear.

Headquartered in Rockford, Michigan, Wolverine World Wide manages a diverse portfolio including Merrell, Saucony, and Sweaty Betty across 170 countries. The company focuses on the Active, Work, and Lifestyle categories, projecting $1.87 billion in 2025 revenue.

  

Everlert, Inc has successfully closed a strategic reverse merger with Zanieri SpA, a vertically integrated Italian luxury knitwear powerhouse. Under the finalized agreement, Zanieri assumes controlling interest in the public entity, transitioning the Perugia-based manufacturer into a US-listed platform. Historically, Zanieri has operated as a critical backbone for the global luxury sector, with over 70 per cent of its revenue derived from ‘white label’ manufacturing for leading international fashion houses. However, the new corporate structure is designed to invert this model, prioritizing the ‘Zanieri’ brand to become the primary revenue driver by 2026. Management intends to leverage its status as a top producer of premium, traceable-origin cashmere to capture a significant share of the premium menswear segment, which is projected to grow as consumers shift toward investment-grade apparel.

Digital bespoke technology and American expansion

A core component of Zanieri’s scalability is its proprietary remote tailoring platform, which allows the company to deliver customized, made-to-measure garments to global clients without the need for traditional physical fittings. This technology facilitates a high-margin ‘bespoke-at-scale’ model, which will be central to the brand's aggressive entry into the United States. Following FY2025 where 95 per cent of gross sales originated in Europe, the company has identified New York as its primary commercial gateway. Plans are underway to launch a flagship mono-brand store in Manhattan alongside a proprietary direct-to-consumer (DTC) e-commerce site. This ‘Mediterranean heritage meets modern tech’ strategy aims to fill the market void between mass-market fashion and inaccessible haute couture.

Sustainable infrastructure and global market resilience

Operating from Umbria, the global ‘cashmere capital,’ Zanieri controls every stage of production - from yarn selection to finishing. This vertical integration provides a rare level of transparency and sustainability in an industry facing increasing regulatory pressure regarding supply chain ethics. While current operations focus on knitwear and home textiles, the long-term roadmap includes diversification into yachting, golf, and equestrian lifestyle categories, with a future extension into womenswear. By utilizing its robust manufacturing infrastructure and public company status, Zanieri is positioned to insulate itself from broader market volatility while executing a disciplined expansion into high-growth hospitality and B2B luxury partnerships.

Based in Perugia, Italy, Zanieri is a premier vertically integrated producer of sustainable cashmere and luxury knitwear. Controlling the entire lifecycle from dye science to assembly, the company serves as a major manufacturer for global brands while rapidly scaling its own premium label through proprietary remote-tailoring technology and a planned US retail expansion.

To help you optimize the Zanieri and Everlert merger story for your audience, here are the strategic focus keywords and a selection of question-driven meta descriptions.

 

The 2026 luxury landscape is being redefined by a stark performance gap between top-tier heritage houses and aspirational labels. Chanel has decisively captured the industry spotlight, securing its position as the world's most valuable apparel brand following a 45 per cent valuation rise to $37.9 billion. This aggressive growth trajectory contrasts sharply with the broader sector's modest 5 per cent projected organic sales recovery. While French conglomerates continue to dominate - accounting for nearly 49 per cent of the global luxury brand value - the market is experiencing a ‘Great Separation.’ High-net-worth consumers are increasingly consolidating their spending toward ‘investment-grade’ assets, favoring Chanel’s timeless silhouettes and Hermès’ disciplined scarcity over trend-heavy portfolios.

Brand strength and the rise of ‘Extreme Value’ creation

Operational success in 2026 hinges on more than heritage; it requires what analysts term ‘extreme value’ through sensory and intellectual engagement. Dior has emerged as the global benchmark for this strategy, maintaining the world's highest Brand Strength Index (BSI) score of 93.5. By securing a perfect reputation score in the U.S. and successfully integrating avant-garde leadership under Jonathan Anderson, Dior is effectively bridging the gap between couture exclusivity and modern lifestyle relevance. Meanwhile, the sector is grappling with a 24 per cent decline in brand value at Gucci, underscoring the challenges of maintaining relevance during creative transitions in the critical Chinese market, which now represents 26 per cent of global luxury sales.

Strategic realignment in the global luxury triangle

Geographic demand remains concentrated within a high-growth triangle comprising North America, Europe, and the Asia-Pacific. Despite inflationary pressures, the US continues to lead by revenue, while the EMEA region remains the epicenter of craftsmanship, contributing 69.7 per cent of total category value. Forward-looking houses are now investing heavily in ‘Key City’ flagship experiences to insulate themselves from broader macroeconomic volatility. This strategy reflects a fundamental shift: successful brands are moving away from volume-driven digital transactions toward highly personalized, boutique-centric clienteling, ensuring that price increases are matched by an uncompromised elevation of the consumer experience.

Unrivaled prestige in global luxury

Chanel is a privately held French luxury house specializing in Haute Couture, ready-to-wear, and high-end beauty. With a brand valuation reaching $37.9 billion in 2026, the company is expanding its physical footprint in New York and Paris. Historically founded in 1910, it maintains record-high margins through strict distribution control.

FW RCYCLING

 

As we present this feature as part of our year-end series, 'Wrap Up 2025, Outlook 2026', and as the apparel industry closes the books in 2025, the strategic focus has moved beyond the simple substitution of virgin materials to a comprehensive industrialization of textile-to-textile recycling. For years, the sector relied on "downcycling", turning old garments into low-value insulation and "bottle-to-fiber" polyester recycling. However, 2026 marks the definitive arrival of the circular loop. Driven by tightening European regulations and a volatile market for raw materials, the industry is scaling technology that treats discarded clothing not as waste, but as a primary source of secondary raw materials.

2025 Review: The maturation of recycling infrastructure

The past year was a period of intense capital allocation toward automated sorting and chemical depolymerization. While mechanical recycling remained the dominant process in 2025,capturing over 70% of the market due to its cost-efficiency with cotton and wool, it hit a quality ceiling. Mechanical shredding shortens fiber length, often requiring a blend of virgin material to maintain yarn strength. This limitation spurred the commercial expansion of chemical recycling in 2025, a process that breaks synthetic fibers down to their molecular building blocks.

The commercial landscape also saw a significant shift in how waste is sourced. Although the textile-to-textile recycling rate remained below 1.5% for much of 2025, the transactional space for "pre-consumer" waste, factory off-cuts and yarn remnants, grew steadily. This industrial waste offers the consistent, clean chemical profile that chemical recyclers need to ensure virgin-grade output as they prepare for a high-growth 2026.

2026 Outlook: The strategic shift to ‘Mono-Materiality’

In 2026, the industry is moving toward a "Circularity-by-Design" architecture. The most significant commercial opportunity lies in the transition from complex fiber blends to Mono-Material Recyclable Stretch Yarns. Traditionally, adding stretch to a garment required blending polyester with elastane, a combination that is notoriously difficult to process in recycling facilities.

Entering 2026, the sector is scaling polyester-based mono-stretch solutions. These yarns achieve elasticity through mechanical texture or bi-component structures, allowing a garment to be 100% polyester from the shell to the stretch. This technical alignment is projected to see mono-material stretch yarns capture 38% of the market share in 2026, up from just 12% in 2025. This allows brands to bypass expensive manual sorting and move directly to high-yield chemical recovery.

Market data and commercial projections

The valuation of the textile recycling sector is no longer driven by sentiment but by the economic reality of the European Union’s and UK's "Eco-Modulated" fees.

Table 1: The Global fiber transition market dynamics (2025-2026)

Metric

2025 Estimate

2026 Outlook

Key Growth Driver

Recycled Fiber Market Size

$26.12 Billion

$28.03 Billion

EU Waste Framework Mandates

Mono-Material Stretch Yarn Share

12%

38%

Circularity-by-Design Mandates

Textile-to-Textile Recycling Rate

<1.5%

4.80%

AI-Powered Sorting Infrastructure

Virgin Polyester Price Premium

Base ($1.00)

$1.25 (Post-Tax)

Extended Producer Responsibility (EPR)

Global Yarn Market CAGR

5.30%

6.40%

Sustainable/MMF Segments

Table 2: Recycling process efficiency & commercial viability

Process Type

Current Market Share

Feedstock Suitability

Output Quality

2026 Trend

Mechanical

71%

Natural Fibers (Cotton/Wool)

Lower Staple Length

Optimization for Blends

Chemical

18%

Synthetics (PET/Nylon)

Virgin-Grade

Industrial Scale-up in Asia

AI-Powered Sorting

11%

Mixed Post-Consumer

High Purity Bales

4.8% Market Penetration

The Regulatory Horizon: EPR and the cost of non-compliance

The most aggressive driver for 2026 is the EU’s revised Waste Framework Directive. Starting this year, the destruction of unsold textiles is banned, and mandatory separate collection of textile waste is in full effect. For C-Suite leadership, this is a bottom-line issue. EPR schemes now include "eco-modulated" fees: a producer pays a significantly higher levy for a garment that is difficult to recycle (such as a multi-material blend) compared to one designed as a mono-material.

Business transactions are already reflecting this. Large-scale retailers are shifting their procurement contracts toward suppliers who can provide a "Digital Product Passport" (DPP). This transparency allows brands to prove the recyclability of their collections, effectively lowering their regulatory tax burden and securing their position in the European market.

C-Suite Strategic Leadership: Securing the circular supply chain

For leadership in 2026, the primary challenge is feedstock security. As chemical recycling plants, particularly the first true industrial-scale facilities in Asia, scale up, the demand for high-purity textile waste is outstripping supply. Leading manufacturers are no longer just buyers of yarn; they are becoming partners in waste collection.

Strategic moves in 2026 include:

     Vertical integration: Manufacturers are acquiring or partnering with sorting facilities to guarantee access to "recycling-ready" bales, supported by AI-powered infrastructure.

     Offtake agreements: Long-term contracts with chemical recycling pioneers to ensure a steady supply of recycled monomers that match virgin performance.

     Design standardization: R&D departments are being mandated to replace all nylon/elastane blends with mono-material alternatives to future-proof against rising disposal costs.

"The 2026 mandate is simple: if you don't own the waste stream, you don't own your future raw material," notes a leading industry analyst. "The commercial winners are those who have decoupled their growth from the volatility of virgin oil and cotton prices by building a proprietary recycling loop."

Editor’s Conclusion: From sustainability to industrial strategy

The 2026 outlook confirms that the era of "voluntary" sustainability is over. We have entered an era of industrial strategy where recycling is the primary tool for risk mitigation. The "Wrap Up" of 2025 showed that while the industry had the will to recycle, it lacked the design discipline to do so efficiently.

The rise of mono-materials and the expansion of chemical depolymerization solve the quality gap that previously held back the sector. As we move into 2026, the "green premium" is dissolving, replaced by a "recyclability discount" for those who design for the loop. The apparel industry is no longer just making clothes; it is managing a sophisticated material recovery system where every fiber is an asset to be recovered, repolymerized, and re-spun.

 

LA VIE EN

Central Marketing Group (CMG) has officially inaugurated the global debut of the new Guess store concept on the second floor of Central Ladprao, marking a significant first for the brand’s international retail strategy. This launch transforms Thailand into a primary testing ground for Guess?, Inc’s ‘elevated luxury’ direction, utilizing a refined architectural language of clean lines and neutral tones to maximize product visibility. The move is strategically timed as Thailand’s apparel market prepares to reach a valuation of $2.63 billion by late 2025, fueled by a 6.6 per cent CAGR. By prioritizing a seamless, customer-centric journey over traditional high-density shelving, CMG is positioning Guess to capture a larger share of the affluent urban demographic that is increasingly moving toward ‘quiet luxury’ aesthetics.

Strategic move amidst $3 billion global growth

This premier launch coincides with a period of robust financial performance for Guess, Inc, which recently reported total net revenues nearing $3 billion - an 8 per cent Y-o-Y increase. The Ladprao flagship serves as a definitive case study in the 2025 ‘Experience First’ retail trend, where physical outlets are redesigned to counter digital saturation. Industry data indicates, premium store refreshes can drive local footfall increases of up to 15 per cent in high-traffic hubs like Bangkok. ‘This store represents the bridge between our global vision and the local desire for world-class experiences,’ states a spokesperson from CMG, highlighting that the investment is a core part of a wider regional plan to future-proof the brand’s physical footprint ahead of major global corporate transitions.

A part of Central Retail, Central Marketing Group (CMG) manages 40+ global brands including Casio and Dyson. Operating 200+ Guess points of sale, CMG drives growth through premiumization in high-density urban hubs. With double-digit sales growth in 2025, the group continues its 70-year legacy of dominating Thailand's fashion landscape.

 

Vietnam’s textile and garment sector has closed 2025 with a defiant performance, projecting total exports to hit $46 billion - a 5.6 per cent Y-o-Y increase that cements its status as a top-three global exporter. Despite the ‘fog’ of escalating US tariff pressures and rising logistics costs, industry leaders like Vinatex reported their second-highest profits in 30 years. Cao Huu Hieu, CEO credited this success to a ‘90-day sprint’ campaign, which maximized factory output to clear orders ahead of trade policy shifts. Vinatex’s consolidated profit increased by nearly 50 per cent above target to $54.2 million, while Hoa Tho Textile Garment Corporation achieved record-breaking pre-tax profits of $16 million, up 13 per cent from the previous year.

Diversification and circularity

As global demand growth is forecast to cool to 3 per cent in 2026, the sector is pivoting toward market diversification to hedge against U.S. market volatility. Manufacturers are aggressively expanding their footprint in the EU, Japan, and South Korea, leveraging the Vietnam-EFTA FTA to offset aggressive price-cutting from Chinese competitors. Opportunities are also emerging in high-value technical textiles and the yarn segment, which staged a dramatic recovery in 2025 by returning to profitability after years of negative growth. However, the industry faces an uphill battle with stricter EU traceability regulations and green compliance mandates, necessitating a shift from volume-based growth to sustainable, high-tech production.

Vietnam National Textile and Garment Group (Vinatex) is the state-controlled leader of the nation's garment sector, operating a closed supply chain across 138 global markets. With a 2026 revenue target of $800 million, the group focuses on high-value yarn, dyeing, and apparel, prioritizing a 10 per cent wage hike for its 60,000+ employees to drive productivity.

 

Currently undergoing a seismic shift, the global synthetic fibers market is projected to grow to $147.21 billion by 2034 from its current value of $79.56 billion.

Asia-Pacific remains the undisputed titan, controlling over 65 per cent of the market, with India’s textile hubs like Tiruppur and Surat leading the charge. Tiruppur is aggressively transitioning from cotton to Man-Made Fibers (MMF), aiming to increase MMF production share from 10 per cent to 30 per cent by 2030 to capture the high-growth activewear and technical textiles segments. Meanwhile, Surat is emerging as a critical hub for specialty yarns, with recent innovations in moisture-wicking and flame-resistant synthetic blends debuted at the 2025 Yarn Expo.

Sustainable breakthroughs and the circular economy

A defining trend for 2026 is the rapid adoption of recycled polyester (rPET), which now accounts for a significant portion of the segment's 45 per cent market share. Recent breakthroughs in chemical recycling - notably the 2025 demonstration by RadiciGroup and The Lycra Company - now allow for the seamless separation of complex nylon and elastane blends. This technology addresses the ‘mixed-waste’ challenge that previously sent millions of tons of apparel to landfills annually. Strategic partnerships are fueling this transition; for instance, Indorama Ventures recently launched its deja Bio portfolio, offering traceable, low-carbon PET fibers that allow global apparel brands to hit stringent Scope 3 emission targets while maintaining high-performance durability.

Beyond apparel, the industry is witnessing a CAGR of 7.34 per cent in the home furnishing segment, driven by demand for durable, easy-to-clean upholstery and carpets. North America has emerged as the fastest-growing region with an 8.75 per cent CAGR, largely due to the integration of high-performance synthetics in the automotive and aerospace sectors. As manufacturers navigate fluctuating petroleum feedstock prices, the shift toward bio-based synthetic alternatives like bio-nylon is providing a stable, eco-friendly hedge. This evolution ensures that synthetic fibers remain the backbone of the global textile value chain, balancing cost-efficiency with a newfound commitment to circularity.

Established in 1975, Indorama has evolved from a small Indonesian yarn manufacturer into the world's largest producer of PET resins and polyester yarns. It serves global fashion, packaging, and automotive sectors across Asia, Europe, and the Americas.

 

The Indian cotton spinning industry is entering a high-stakes transition in H2 FY26 as the ‘trickle-down’ effect of punitive US tariffs begins to bite. Effective August 27, 2025, a cumulative 50 per cent duty on Indian apparel - driven by reciprocal trade policies and geopolitical friction over Russian oil - has forced Indian exporters to offer aggressive discounts. This burden is now vibrating through the entire value chain, with ICRA projecting a 4 per cent–6 per cent revenue decline for spinners in FY26. While H1 FY26 remained flattish, the second half is bracing for a 50–100 basis point margin contraction as yarn realisations moderate under global pressure.

Market adaptation and MMF competition

Exporters are currently losing an estimated Rs 45 crore daily, leading to a strategic pivot toward the EU market ahead of a potential free trade agreement. Domestically, while the exemption of cotton import duties and relaxed Quality Control Orders (QCO) for Man-Made Fibers (MMF) offer some cost relief, they present a double-edged sword. Competitive pricing on imported VSF and polyester fibers is expected to squeeze domestic MMF yarn manufacturers, exposing them to intensified global competition. Trade finds its own course, noted government officials, yet for spinners, the course currently involves stabilizing contribution levels at Rs 98–100/kg to survive the H2 squeeze.

A Moody’s Ratings affiliate, ICRA is a premier Indian credit rating agency providing deep-dive analytics for over 60 sectors. Its textile sample set covers 30 per cent of industry revenue, monitoring 1,600+ benchmarks including cotton-to-yarn spreads. Faced with US-bound order cancellations of up to 70 per cent in some categories, ICRA forecasts stagnant capacity expansion for 2026.

 

In a major strategic recalibration, the Chinese government has approved a sweeping tariff adjustment plan set to take effect on January 1, 2026, targeting the backbone of its textile and apparel industry. By slashing provisional duties on 935 imported products, Beijing is positioning its domestic spinning and weaving mills to absorb global inflationary shocks. The most aggressive cuts focus on cotton, where most-favored-nation (MFN) tariffs for uncarded and uncombed varieties will plummet from 6 per cent to 1 per cent. This move is expected to significantly lower the production overhead for China's massive spinning hubs, further widening the cost-competitiveness gap between Chinese yarn and regional rivals like Bangladesh and Vietnam.

Fueling the high-value fiber cycle

The 2026 plan extends beyond basic cotton, offering a lifeline to the luxury and technical textile segments. Tariffs on scoured and greaseless wool will decline to 1 per cent, while combed wool duties are being hacked from 8 per cent to 3 per cent. By reducing the entry cost of high-grade natural fibers, China is moving away from volume-led manufacturing to high-value yarn production, noted a senior analyst at the Ministry of Finance. In the leather sector, duties on wet blue bovine hides will be halved to 3 per cent, exclusively targeting industrial inputs to bolster the domestic footwear supply chain. While finished apparel remains protected by standard rates, these ‘upstream’ cuts ensure China remains the world’s most efficient ‘processing sink,’ even as

Western brands experiment with near-shoring.

Under the State Council, the Customs Tariff Commission manages China’s import-export duty framework. In 2026, it will maintain zero-tariff treatment for 43 least-developed countries and honor 24 free trade agreements including RCEP. Its 2026 outlook focuses on ‘new productive forces,’ lowering costs for advanced materials and green technology inputs.

Page 1 of 3781
 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
 
VF Logo