Neither AI nor procurement, but rather cost control, is expected to dominate the roadmaps of CIOs (chief information officers) in the fashion and luxury sector, according to a study by ERP specialist Deda Stealth, which points to a business climate darkened by geopolitical instability and the threat of new US tariffs.
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Executives from around a hundred companies were interviewed for this study, which maps the hierarchy of priorities perceived by CIOs for 2026. Unsurprisingly, cost reduction tops the list for 57.4% of decision-makers surveyed, narrowly ahead of improving omni-channel strategies (51.9%) and sustainability and traceability initiatives (46.3%).
With budgets under close scrutiny, investment is concentrating on specific performance levers. The Data & Analytics segment commands the attention of 63% of respondents, ahead of artificial intelligence (51.9%) and cyber security (48.1%).
However, the study highlights a marked gap between strategic expectations and operational reality, particularly across the supply chain. While finished-goods logistics is deemed crucial (importance score of 9/10), CIO satisfaction hovers at 6-7/10.
The weakest link remains supplier collaboration: although rated critical, it records a mediocre satisfaction score (4-5/10), revealing sluggish upstream information flows.
The picture is similar in retail. Although the store is viewed as a space for “identity expression,” management tools are struggling to keep pace. Order orchestration and returns management- long-standing pain points in e-commerce- are considered highly strategic (with importance scores just under 8.5/10) yet post satisfaction levels below 6/10.
AI still at the experimental stage
In the face of these challenges, and amid mounting regulatory pressure (digital product passports, CSRD, etc.), artificial intelligence is emerging as a potential answer, but deployment remains tentative. Only 3.7% of companies surveyed report having deployed AI at scale. For one third of the panel, the technology is still in development, while 27.8% anticipate deployment within two years.
Deda Stealth
This slow start is partly explained by a shortage of talent. Half of companies report a “moderate to significant” skills gap in key roles such as data architecture and cloud engineering. “This is accelerating brands’ digitalisation: data, AI, and supply chain optimisation are becoming indispensable levers for maintaining performance,” concludes Luca Tonello, CEO of Deda Stealth.
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The deal was signed by Swinger International, led by Mathias Facchini, and 21 Invest, the private equity fund founded in 1992 by Alessandro Benetton, which acquired a majority stake in the French brand in July 2016, when it was known as 21 Investimenti. Swinger International also owns Genny, produces the Just Cavalli collections and, as of this morning, holds a minority stake in Etro.
Philippe Model, an artist and painter, founded his eponymous label in Paris in 1978. In the 1980s, he created the innovative and highly successful ‘Elastique,’ a comfortable heeled shoe constructed with elastic straps. Throughout his career, he collaborated with leading Parisian designers and houses, including Christian Dior, Claude Montana, Lanvin, and Jean-Paul Gaultier.
The company expanded from haute couture accessories to interior design projects, and in 2008 it was relaunched as a maker of premium sneakers for men and women, with all footwear produced in Italy’s Riviera del Brenta footwear district. Its 2024 turnover is estimated by the business press at around €30 million.
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From 2026, Umbro’s France business will be managed by the Drôme-based group Textiss. The company, led by Sylvain Caire and specialising in men’s underwear, notably develops its Freegun brand, as well as licensed products for Pierre Cardin and Von Dutch. Textiss is taking over Umbro’s footwear and textile licence in France, which had been held by the Royer Group for 10 years.
Textiss takes over Umbro’s footwear and textile licence for the French market – Umbro
“As owner of the Umbro brand, the Iconix Group has decided to entrust the Textiss Group with the textile and footwear licence in France from 2026, a natural evolution that continues the historic relationship between Iconix, Royer, and Textiss,” the group explained in a press release on December 19, adding that Textiss has been Umbro’s underwear and socks licensee in France for a decade.
“In agreement with the Royer Group, the licence will be subject to an organised and carefully managed transition,” said the group. “From January 2026, Textiss will manage orders for the second half of 2026, ensuring a smooth operational handover for all customers and partners.”
The American Iconix Group, a specialist in the licensed brand development model, was seeking a solution for the licence covering the key products of the British sporting goods brand it acquired from Nike in 2012. The Royer Group held the licence after taking it over in 2016.
With the French specialist in the development of footwear and sportswear brands facing difficulties, Iconix ultimately opted for the Châteauneuf-du-Rhône-based group to take on the brand’s key categories. Umbro currently outfits the Le Havre football club, HAC.
Neither the value of the deal nor details of the organisation concerning the teams that have worked or will work on the licence have been disclosed.
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Under Armour Inc. has laid off two employees who worked on Stephen Curry’s shoe and apparel brand and moved others to new jobs as the athletic company winds down its partnership with the basketball star.
Stephen Curry collaborated with Under Armour on branded goods – Curry
The company is disbanding the team that worked on the brand despite plans to sell new Curry merchandise through October, according to a person familiar with the matter who wasn’t authorised to speak publicly.
A spokeswoman for Under Armour said the company doesn’t comment on personnel-related decisions. Representatives for Curry didn’t immediately respond to messages seeking comment.
Last month Under Armour and Curry announced their surprise separation, ending a yearslong relationship that had helped boost sales and draw attention to the brand. Under Armour still plans to release the Curry 13 sneaker in February and says additional colorways and apparel collections will be available through October.
The end of the tie-up adds to growing pressure at Under Armour, whose shares have fallen 45% this year. The company has been trying to stem two years of sales declines by increasing marketing and prioritising core products.
The split came after Curry and his advisers became frustrated with what they considered to be a lack of investment in the brand and sales of the division hadn’t met their expectations or the company’s, Bloomberg News has previously reported.
Under Armour has said it will incur an additional $95 million in restructuring costs in part tied to the separation.