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Luxury: mergers and acquisitions slow in 2024 but still appeal to investment funds, says Deloitte
In Paris, Europe’s fashion industry closes ranks against ultra-fast fashion
US retail sales increase strongly; softening labor market a headwind
US Tech Giants Race to Spend Billions in UK AI Push

Luxury: mergers and acquisitions slow in 2024 but still appeal to investment funds, says Deloitte

Published September 17, 2025 After the post-Covid recovery, mergers and acquisitions in the fashion and high-end sectors have slowed over the past two years. Even so, despite the economic climate, the sector continues to attract nine out of ten investors in 2025, although most are concerned about customs duties. These are the findings of Deloitte‘s…

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US Tech Giants Race to Spend Billions in UK AI Push

Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and development into artificial intelligence. The investment comes as US president Donald Trump travels to Britain, where he is expected to announce…

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Uniqlo founder Yanai says US may suffer most from tariffs

By Reuters Published September 16, 2025 ​The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Uniqlo Tadashi Yanai, Japan’s richest man and the chief executive of Uniqlo operator Fast Retailing has been outspoken on the potential economic damage from wide-ranging tariffs…

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Pimkie partners with Shein to grow online business

Translated by Nicola Mira Published September 16, 2025 In spring, when Shein’s French subsidiary announced it was setting up a programme to support French designers and brands, by putting at their disposal some of the Singapore-based Chinese fast-fashion giant’s assets, many wondered which type of player would be willing to join forces with a highly…

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Maternity review ‘will not deliver justice’

Jamie CoulsonYorkshire health correspondent and Steve JonesYorkshire BBC Lauren Caulfield’s daughter, Grace, was stillborn in March 2022 A woman whose baby daughter was stillborn after failings in her care during pregnancy has said the government’s planned rapid review of maternity care in England will not deliver “justice” or “accountability”. During her pregnancy, Lauren Caulfield was…

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The Arab World Institute to launch inaugural edition of Arab Fashion Prize

Published September 16, 2025 The Arab World Institute has announced the finalists for this inaugural edition. The prize recognises designers for their talent, creativity and commitment. The categories are Emerging Talent, Innovative Talent and Accessories Talent. imarab.org This year, 125 entries were received from over ten countries, reflecting the diversity and vitality of the Arab…

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Thousands of opioid deaths missed off official figures

Jack FenwickPolitical correspondent Family handout Hilary’s son Ben died from a heroin overdose in 2018, but his death was never included on official opioid death statistics More than 13,000 heroin and opioid deaths have been missed off official statistics in England and Wales, raising concerns about the impact on the government’s approach to tackling addiction….

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