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Several European countries, including France, call on Brussels to ‘step up’ efforts against Shein and similar platforms

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December 9, 2025

Led by France, eight European countries are calling on the European Commission and the member states to “step up” their “collective mobilisation” in the face of the “systemic risks” they say are posed by e-commerce platforms such as Shein, in a letter sent to Brussels on Monday.

AFP/Archives Jade Gao

“We call on the Commission to mobilise forcefully and relentlessly on the issue of unfair competition from third-country e-commerce platforms,” said the signatory states — Austria, Belgium, Spain, France, Greece, Italy, Hungary and Poland.

The Commission has already sent requests for information to Shein, a process that can lead to the opening of a formal investigation — as urged by Serge Papin, France’s Trade Minister and the initiator of this letter.

This investigation “must be complemented by provisional measures to mitigate the systemic risks that Shein and other platforms fail to control,” he said at Monday’s Competitiveness Council meeting in Brussels, also calling for “additional sanctions” in “proceedings already launched against Temu and AliExpress”.

The French government has already tried unsuccessfully to suspend Shein via an administrative procedure in early November, following the discovery of the sale of sex dolls with a childlike appearance. It has since referred this request for suspension to the courts, which will rule on 19 December.

However, in view of the possibility of another setback, France is pressing the European Commission to act, as tackling the systemic risks posed by major platforms falls within EU competence.

To protect consumers and businesses from “risks” such as the sale of illicit products or unfair commercial practices, the countries signing the letter are calling for the enforcement of existing laws, including the Digital Services Act (DSA).

They call for “coordinated efforts (…) to strengthen the checks carried out by customs and consumer protection authorities”.

In addition, they call on the European Commission to “play an active role” and to “review existing regulations and, if necessary, strengthen the obligations of online platforms”.

Finally, the signatories call for “the introduction of a European tax on low-value parcels”, a measure already planned at national level, notably by France.

In mid-November, EU finance ministers approved the abolition of the customs duty exemption on small imported parcels, which could enter into force as early as the first quarter of 2026.
 

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Meta said to hold stake of at least 3% in EssilorLuxottica

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Nicola Mira

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December 10, 2025

On Tuesday, a board member for French-Italian eyewear/optics giant EssilorLuxottica said that Meta holds a stake of at least 3% in the group, owner among others of the Ray-Ban brand, with which Meta is collaborating.

The Ray-Ban and Meta logos featured at the EssilorLuxottica stand at the VivaTech trade show in Paris – (Reuters – Benoit Tessier)

The fact that Meta has a stake in EssilorLuxottica had been reported by several sources in the past, but it hadn’t until now been confirmed by either group. Meta and EssilorLuxottica are collaborating closely on the Ray-Ban Meta connected glasses.

José Gonzalo, executive director of French public investment bank Bpifrance and a member of the EssilorLuxottica board, said that the Meta stake could grow. “[Meta] holds at least 3% [of EssilorLuxottica],” said Gonzalo, adding that the figure could possibly rise up to 5%, though it is more likely it will be closer to the bottom end of the 3-5% range. “Nothing is stopping [Meta] from growing [its stake],” said Gonzalo.

Contacted by Reuters, Meta declined to comment for the time being, while EssilorLuxottica was not available for comments.

Gonzalo also said that Meta isn’t currently seeking to sit on EssilorLuxottica’s board. “They aren’t on the board, and haven’t asked to be represented on it,” he stated.

(Reporting by Mathieu Rosemain, with Elisa Anzolin and Tassilo Hummel; French version by Coralie Lamarque, edited by Kate Entringer)

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CEO Mario Filippi Coccetta grows stake in luxury knitwear label Fabiana Filippi to 100%

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December 10, 2025

Italian luxury ready-to-wear and knitwear label Fabiana Filippi, founded in 1985, has made a major change to its shareholding structure. The family of Giacomo Filippi Coccetta, Fabiana Filippi’s co-founder and president, has sold its entire stake in the label to Ventisettetredici S.r.l., a company owned by the family of Giacomo’s brother Mario, the label’s CEO and co-founder.

Mario Filippi Coccetta – Fabiana Filippi

“The operation is part of the company’s evolution process. The company’s strategic and operational activities will continue to develop in line with the current business plan,” said Fabiana Filippi in a press release, adding that “the decision is the result of a shared evaluation and a desire to ensure greater stability to the ownership structure in the medium to long term.”

In the press release, Mario Filippi Coccetta thanked Giacomo’s family for their contribution to the company’s growth and for helping strengthen its competitive position. Fabiana Filippi is determined to continue to invest in its DNA and to consolidate its distinctive identity, with an emphasis on product quality and manufacturing excellence, the company added.

Fabiana Filippi, founded in Giano dell’Umbria, near Perugia, is distributed via some 700 stores in over 60 countries, and operates monobrand stores in fashion capitals like Milan, London and Paris. In 1990, Fabiana Filippi started to manufacture its branded knitwear. Ready-to-wear was added in 2000, and later accessories. According to financial press sources, Fabiana Filippi S.p.A.’s revenue in 2024, the latest available figure, was approximately €53.6 million, down 26.75% from the approximately €73.2 million recorded in 2023. In 2024, the company recorded a loss of approximately €5 million.
 
The label is named after Fabiana, the daughter of Giacomo and Donatella Filippi Coccetta (the latter was until now in charge of product development). In September, Fabiana, 40, left the family business to enter the beauty sector, founding luxury skincare brand F2O.

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Pinault family’s holding company brings Kering and Ponant together to create cruises that explore Italian luxury

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December 10, 2025

All aboard for Italian luxury! From September 8 to 18, 2027, a Ponant Explorations cruise celebrating Italian luxury will bring together travellers, artisans, and several Italian houses from Livorno to Venice. The voyage will take place aboard Le Boréal, calling at Florence, the island of Elba, Taormina, Sorrento, and the Venetian lagoon.

The cruise will take in all of Italy (except Sicily), from Livorno to Venice. – Ponant Explorations

Built around artisanal craftsmanship, the cruise will be based on a collaboration between Ponant Explorations (part of Artémis, owned by the Pinault family) and five Kering group houses: Gucci, Bottega Veneta, Brioni, Pomellato, and Ginori 1735. Participants will discover their heritage treasures through workshop visits, demonstrations and conversations with professionals, with prices starting at €11,930 per person.

Stopovers in Florence and Venice

In Florence, Kering’s flagship label Gucci will open its archives, as well as Palazzo Gucci, to travellers. There, they will discover pieces tracing the house’s history and its relationship with travel. On board, an exhibition will extend this immersion in the brand’s world, presenting various objects and documents.

Five Italian luxury houses are taking part in the cruise
Five Italian luxury houses are taking part in the cruise – Gucci

Along Venice’s canals, Bottega Veneta will offer guests the chance to observe the crafting of leather goods and its Intrecciato weave. Visitors will follow an itinerary linking several locations tied to the house’s history, and take part in a discussion in a Venetian palazzo, where the essential steps in designing an accessory will be explained.

Garment construction and gemstone selection

Brioni will showcase the work of the master tailor by demonstrating the construction of a garment, from fabric selection through to assembling the pieces. The aim of this session is to reveal the rationale behind each movement and the various decisions involved in creating a garment.

Pomellato will give participants a lesson on stone selection
Pomellato will give participants a lesson on stone selection – Pomellato

Pomellato will focus on gemstone selection. The jeweller will guide participants through the evaluation criteria and the interplay between colours, volumes and settings. Travellers will be able to follow how a piece is defined before it is made.

Discover Italy as few know it

Ginori 1735 will open the doors of its Florentine manufactory, where visitors can watch porcelain being crafted, from shaping to decoration. A demonstration will show the painting techniques used by the house’s artisans, followed by an introductory workshop. A pop-up café devoted to the house’s universe will round out the experience.

Brioni will demonstrate the work of a master tailor
Brioni will demonstrate the work of a master tailor – Brioni

Stopovers in northern and southern Italy will offer visits to cities, historic sites, and wine estates. Travellers can explore the island of Elba, Otranto, or Taormina, discover museums, or stroll through historic centres. The aim is to link these places to the themes of the voyage: craftsmanship, place, traditions, and creativity.

As with any cruise, food matters: the cuisine on board will be inspired by the regions on the itinerary and will accompany the stages of the journey without any pursuit of spectacle. Optional pre- or post-cruise programmes will also offer discoveries around Florence, Chianti or Verona, to suit individual interests.

And the Pinault family’s aim is clearly to generate a potential new dynamic among its various assets.

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