Connect with us

Fashion

System opens shop-in-shop at Galeries Lafayette Homme

Published

2 days ago

on


Published



January 8, 2026

System is going from strength to strength in Paris. After opening a flagship store in the Marais, on Rue Saintonge, in mid-2024, the South Korean label, which has been presenting its creations at men’s fashion week since 2019, has just inaugurated a large corner space at Galeries Lafayette Haussmann.

The System corner at Galeries Lafayette Homme – System

The brand, launched in 1990 in Seoul, has set up on the second floor of the men’s building, between A.P.C. and Officine Générale. Its offering is showcased in a setting that echoes the design codes of its Marais store, and also features works by the French graffiti artist Tanc, who previously collaborated on the flagship boutique.

System explained in a press release that this opening is the result of several seasons of work, and that the brand “has demonstrated strong commercial performance within Creative Galerie, a carefully curated retail platform dedicated to brands with high growth potential. This success also builds on the excellent results achieved by the System pop-up store at the main Galeries Lafayette store last year.”

According to the brand, the new retail space, in a department store popular with an international clientele, will showcase the creations of its creative director, Hee-Soo Kim, who has held the role since 2023, including his sheer jackets and knit tops embellished with tie details, as well as leather jackets, ruffled blouses and wide-leg trousers.

System

Already stocked by several leading department stores worldwide, System, which offers a co-ed proposition under the “Global Collection” banner, is highly developed in its domestic market, where, as a subsidiary of Handsome Corporation, the brand enjoys broad exposure. Since 2012, the company has been part of the Hyundai conglomerate via its Hyundai Department Store arm, and it also aims to expand in Japan and across Asian markets. It is pursuing a dual approach, highlighting its creativity by presenting its collection on January 22 in Paris as part of men’s fashion week. 

Handsome is a major player in premium and luxury fashion in South Korea, also owning the brand Time, as well as the multi-brand retailer Tom Greyhound (whose Paris store previously occupied the site of the System flagship). The company also acts as a distributor for numerous international brands. It posted revenues of more than 1 billion euros in 2024.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2026 FashionNetwork.com All rights reserved.



Source link

Related Topics:
Continue Reading

Fashion

Very Group up for sale again – report

Published

16 minutes ago

on

January 9, 2026

By


Published



January 9, 2026

It looks like Very Group could be headed for a new owner, just a couple of months after US private equity giant Carlyle took control of the e-tail business.

Very.co.uk

A Sky News report said an auction is expected to start soon with major banks Barclays and JP Morgan lined up to handle the sale.

Very was previously owned by the Barclay family (no relation to Barclays Bank) and there had been attempts to sell it on several occasions. But reports suggested they had a price in mind higher than bidders were prepared to pay. Estimates of Very Group’s current value are £2 billion to £2.5 billion, which would be below the valuation the previous owners had put on it.

Carlyle had been a major lender to the business and it was able to take control under the terms of the financing deal. 

The group had been controlled by the Barclay family for over 20 years and was one of a number of their assets to fall out of their control as their business affairs hit problems.

Sky said the sale plan for Very — which will report its Black Friday and Christmas trading next week — comes as Carlyle’s ownership had always been intended to be transitional. Not that any parties involved have commented on the story, which remains unconfirmed.

The group may have seen some struggles in recent years but it remains a huge business with annual revenue of over £2 billion. Its most recent results filed in October saw adjusted EBITDA of £307.1 million but a pre-tax loss of £505.4 million due to a writedown of an inter-company loan made to the Barclay family’s holding company.

Revenue at its flagship Very UK operation “was broadly stable, with a slight decline” of 0.2% to £1.83 billion, while group revenue fell 1.8% to £2.09 billion.

Copyright © 2026 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

​Pandora eyes 6% organic growth in 2025 as weak US market mutes prior guidance

Published

47 minutes ago

on

January 9, 2026

By


Published



January 9, 2026

Pandora expects to deliver 6% organic growth in 2025, the Danish jewellery brand announced on Friday in its preliminary and unaudited results for 2025, falling below previous guidance of 7% to 8%.

Pandora is known for its charm bracelets – Cortesía

 
“We delivered 6% organic growth in 2025 despite softer than expected Q4 holiday trading, particularly in North America,” said Pandora’s CEO Berta de Pablos-Barbier, the brand announced on its website on January 9. “While the year was marked by macro headwinds, it has also highlighted opportunities to sharpen execution and strengthen brand desirability.”
 
Pandora is eyeing a full-year operating profit of approximately 7.8 billion Danish crowns ($1.2 billion) along with an EBIT margin of around 24%, in line ‍with its previous guidance. The North American market reported 2% like for like growth in the fourth quarter of 2025 with trading in November and December below expectations due to weakened consumer sentiment causing muted in-store traffic. Although EMEA like for like growth came in at -1% and Italy lagged, Spain, Poland, and Portugal reported strong growth, according to the business.

“As new CEO, my focus will be to navigate the current market environment, reduce our commodity exposure and course-correct in select areas to accelerate profitable growth,” said de Pablos-Barbier. “Pandora continues to pursue significant untapped growth opportunities as a full jewellery brand. Our fundamentals are strong. We are building a bigger Pandora.”  
 
The business will announce its audited full-year 2025 results on February 5. Pandora plans to launch designs in new materials this calendar year, aiming to use high silver prices as fuel for innovation, according to de Pablos-Barbier.

Copyright © 2026 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

NRF 2026 Retail’s Big Show to kick off in New York on January 11 with over 5,000 exhibitors

Published

1 hour ago

on

January 9, 2026

By


Translated by

Nicola Mira

Published



January 9, 2026

The NRF 2026 Retail’s Big Show will be held in New York on January 11-13 with over 5,000 exhibitors from some 100 countries, showcasing the latest innovations, tech tools and solutions for the retail trade.

NRF

The event will once again be staged at the imposing Jacob K. Javits Convention Centre in Manhattan, and will feature a busy programme of conferences, keynote speeches and panel debates. One of the show’s star attractions will be actor Ryan Reynolds (of Deadpool and Detective Pikachu fame), who will illustrate his various business ventures.

Also among the participants, representatives of corporate giants like Google, Amazon, Zalando, AliExpress, Adidas, JD Sports, VF Corp., H&M, Mango, Guess, Old Navy and Gap Inc., Abercrombie & Fitch, Michael Kors, Nordstrom, Urban Outfitters, Perry Ellis, The North Face, Bestseller, Lowe’s, Pandora, Coach and Shopify.

Industry experts will speak at sessions on elevating the customer experience, adapting business operations to drive efficiency, promoting business-model agility, recruiting next-level talent, and understanding the latest retail technology. Among those sharing their insights at NRF 2026 Retail’s Big Show will be Fran Horowitz, CEO of Abercrombie & Fitch, Carhartt CEO Linda Hubbard, Marc Metrick, CEO of Saks Global, Michael Rubin, founder and CEO of Fanatics, and Ulta Beauty CEO Kecia Steelman.

The show will feature The Expo, a section on new retail technologies and solutions, the Vendors in Partnership Awards, What’s in Store for Retail Media Networks, as well as happy hours on the Expo floor and tours of some of New York’s more innovative retail spaces.

NRF

Several participants from leading French companies are expected, like Gonzague de Pirey, chief omnichannel and data officer at LVMH, Gabriel Bertoli, head of digital transformation at L’Oréal, Anne-Claire Baschet, head of data and AI at French unicorn Mirakl, and Hervé D’Halluin, in charge of RFID and traceability at Decathlon.

In terms of exhibitors, France will be represented by 28 companies under the Business France banner. They include Autone (specialised in inventory optimisation using AI tools), RetailNext (which generates metrics analysing retail footfall and customer behaviour), omnichannel and logistics experts like OneStock (specialised in order management systems) and Revers.io (returns management and SAV analysis), as well as specialists in new purchasing-path solutions like Faume (for second-hand while label products) and Live Vendor (DTC sales solutions).

The 2025 edition of NRF Retail’s Big Show, featuring some 6,000 exhibitors, was held in New York on January 16-18, and attracted over 40,000 visitors.

Copyright © 2026 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Trending

Copyright © Miami Select.