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Canadian footwear brand Vessi opens first US retail store

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January 8, 2026

Vancouver-founded waterproof footwear brand Vessi opened on Wednesday its first U.S. retail store at Bellevue Square in Washington. 

Canadian footwear brand Vessi opens first U.S. retail store. – Vessi

The new store is designed to give customers hands-on access to the brand’s waterproof technology and fit, allowing shoppers to experience the performance and comfort of Vessi products in person for the first time in the U.S. market. The location will house the company’s full footwear assortment alongside a selection of outerwear.

“Opening our first U.S. store is an important step for the brand,” said Andy Wang, co-founder and CEO of Vessi. “The Pacific Northwest has always been a core market for us, and Bellevue is a natural place to bring the Vessi experience into a physical retail setting.”

Founded in 2018, Vessi has built its business around lightweight, everyday footwear engineered with its proprietary Dyma-tex waterproof knit technology. The brand has sold more than two million pairs worldwide.

To mark the opening, Vessi said it will donate all profits generated during the store’s opening period through its first weekend of operations to support local flood relief and recovery efforts. The company will also make a separate donation to assist flood-affected communities in Abbotsford and the Lower Mainland in British Columbia.

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France’s women’s lingerie market declines, valued at just over €2 billion in 2025

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January 9, 2026

The lingerie market saw a slight downturn in 2025. Ahead of its 2026 edition, to be held from January 17 to 19 at the Porte de Versailles exhibition centre (15th arrondissement of Paris), the Salon International de la Lingerie has published a market study for 2025. Conducted by Kantar using data collected between January and October, it shows that the women’s lingerie market in France was worth €2.01 billion over the year. This is down on 2024, when the figure reached €2.08 billion.

In 2025, the lingerie market in France declined but remained above €2 billion – Marisa

Co-commissioned by the Fédération de la Maille, de la Lingerie et du Balnéaire, the study highlights a market in transition, with more deliberate consumption (-2.6%), signalling a shift towards greater sustainability and quality. This is reflected in clear premiumisation (+3.1% in the average price), indicating that women are now favouring more considered purchases and higher value-added products, according to Kantar.

Support, an “absolute priority” for most women

In more detail, bras, bustiers and bralettes account for 57% of annual spend: this stability confirms their status as a priority category in women’s purchases, well ahead of thongs, briefs and knickers, which account for 37% of spending. According to the study, French women prioritise quality products offering support, aesthetics, comfort and durability, even if that means spending more.

Support remains a priority for many French women, according to the study
Support remains a priority for many French women, according to the study – DR

In terms of sizes, C-cup is now the most common in France, with a marked shift towards fuller cups: 7% of women wear an E-cup or above, and D-cup is gaining ground, including among younger generations. This anatomical reality explains why the need for support remains an “absolute priority for the vast majority of women,” according to the study. Kantar emphasises the fashion dimension of the bra in women’s wardrobes, beyond its technical function, with lace, embroidery, architectural lines, and colours.

The rise of socks and home wear

The women’s legwear market reached €323.4 million in 2025, and socks appear to be establishing themselves as a fashion accessory in their own right. Accounting for 68% of spending in the legwear segment, they gained nearly six percentage points in one year. Nightwear is also asserting itself as a fast-growing premium segment. Pyjamas are consolidating their dominant position (41% of spending) amid clear premiumisation, while “pyjama shorts” are posting robust growth of 40%, rising from 8.7% to 12.2% of the market.

Socks play a growing role in the women's legwear market
Socks play a growing role in the women’s legwear market – Archiduchesse

Home wear, which accounts for 12.4% of the market, is also continuing to grow. According to the study, this reflects the emergence of a new approach to home wear, balancing comfort, aesthetics and versatility. The enthusiasm for yoga, Pilates and at-home workouts is creating demand for pieces designed to accompany every moment of the day, from waking to workout, reflecting a lifestyle that values wellbeing and personal balance.

Lingerie on the rise in most retail outlets

Across retail, lingerie is strengthening on several fronts. After a difficult 2024, specialised chains in city centres and shopping centres are staging a strong comeback in the lingerie market, regaining 2.6 percentage points of market share to reach 30.9% of sales, according to Kantar. Independent boutiques are also performing well, with an increase of 0.4 points, underlining that cutting-edge expertise and ultra-personalised service are resonating with a demanding clientele.

In 2025, lingerie rebounded across all French retail channels, with the exception of mass-market food retail
In 2025, lingerie rebounded across all French retail channels, with the exception of mass-market food retail – Ysé

At the same time, e-commerce continues to make steady headway, with a 21% market share (+0.5 points), demonstrating the complementary nature of distribution channels. Conversely, mass-market food retail is losing ground (-2 points to 20.2%), pointing to a profound reshaping of the retail landscape, where expertise and service now take precedence over accessibility alone.

Finally, 2025 saw a resurgence of structured corsets, graphic waist-cinchers, waist shapers and sophisticated suspender belts. Long associated with a bygone era, these icons of seduction are making a comeback, worn either over or under other garments, as a layering piece or as the centrepiece of an outfit.

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France powers Uniqlo’s robust growth across Europe

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January 9, 2026

It’s no exaggeration to say that Uniqlo is outperforming the market. While the apparel sector is struggling across Europe, the Japanese retailer- the flagship brand of Fast Retailing group- posted double-digit sales growth in Europe last quarter.

Between functionality and timeless style, the LifeWear range appeals to different generations – Uniqlo

For the brand- which saw total sales rise by almost 15% year on year to 1.028 trillion yen (€5.6 billion) in the first quarter of its staggered financial year, which ended in late November- Europe is the most dynamic region. There, group sales surged 34%, helped by favourable exchange rates, to 134 billion yen (€730 million). Europe now accounts for over 13% of the retailer’s sales, up from 11% a year earlier. This growth was also accompanied by a double-digit increase in operating income in the region, while overall operating income jumped by nearly 34%.

This momentum is being driven by a significant marketing push and a strategy of store openings. By the end of November, Uniqlo operated 91 stores in Europe and had opened nine additional outlets in the September–November 2025 period alone, including flagships in Brussels; Birmingham and Glasgow in the UK; and Munich and Düsseldorf in Germany.

France is no exception, with two openings last quarter. This acceleration was already noted by the panel firm Numerator which, in its Worldpanel study presented in September, observed that in 2025 the Japanese retailer saw the number of transactions jump by more than 26% to 4.4 million, placing Uniqlo 47th among the most purchased brands in France.

Yuki Yamada, Managing Director, Uniqlo France
Yuki Yamada, Managing Director, Uniqlo France – Fast Retailing

“France is a major market for Uniqlo,” confirms Yuki Yamada, the brand’s managing director for France, speaking to FashionNetwork.com. “Our offer does not follow trends. Uniqlo is a benchmark brand that speaks to everyone, meeting real needs for practicality, versatility, simplicity, and minimalism, all inspired by our Japanese values. Our customers are both loyal and increasingly numerous. Ultimately, it all comes down to three words: design, quality and excellent value for money. The consistency and relevance of our positioning place Uniqlo on a very positive trajectory in Europe, as in the UK and Germany. France, with its rich history in the fashion sector, plays a key role in our European expansion and growth objectives.”

In fact, France is Uniqlo’s number-one market in terms of store locations. Uniqlo- which reports double-digit like-for-like sales growth in Europe last quarter- already benefits from an extensive network in the capital and continues to densify it. After unveiling an 800‑square‑metre, two‑storey space in the Bastille district in the autumn, the Japanese giant has announced a new 1,300‑square‑metre flagship near the Champs‑Élysées, set to open in the first half of 2026. This will be one of 15 European openings planned for its financial year ending in August 2026, with other projects in the UK, the Netherlands, and Germany.

“Paris and the Île-de-France region constitute a particularly strategic area, offering international visibility and customer density,” explains the head of the French entity. “Uniqlo operates eleven of its thirty French stores there. We consider the capital and its region to have strong development potential; as such, we choose highly targeted locations, either districts with high footfall or with lifestyle potential, with regulars and local customers. In parallel with the Île-de-France, we are developing the brand in the regions, carefully identifying local needs and setting up where demand is strongest.”

Towards medium-sized cities

So, while Uniqlo needs to densify its network in other European countries that are far less well served than France, France remains key to its development project, with formats adapted to each city or district.

“The local roots of each store are enhanced through creative partnerships and by highlighting the cultural or historical heritage of each location. Our services such as the Re.Uniqlo Studio or the UTme T-shirt printing service are also part of this dynamic, providing a platform for local players and bringing exclusive content to our customers,” says Yuki Yamada. “Our roadmap involves developing our network in medium-sized cities and consolidating the major metropolises. Without divulging precise figures, the Île-de-France region is a key driver for Uniqlo in France, thanks to resident and tourist footfall and the international aura of this fashion capital. However, growth in the regions is also a priority, driven by targeted openings in medium-sized cities where interest in our LifeWear is just as strong, and growing. We find that in the regions, the weather guides purchases more, and they are also generally more planned than in Île-de-France. That said, the bestsellers remain HEATTECH and AIRism, and interest in seasonal collections is just as strong. Having opened stores in France’s biggest cities, we are now looking at opportunities in medium-sized cities.”

Artist’s impression of the forthcoming Paris flagship near the Champs‑Élysées
Artist’s impression of the forthcoming Paris flagship near the Champs‑Élysées – Uniqlo

Moreover, according to the group, store openings help to boost the brand’s online business, which already accounts for 20% of sales in Europe. The openings are said to create a halo effect for Uniqlo’s e-commerce activity in the catchment area, with double-digit sales increases following the outlet’s inauguration.

“We are very attentive to the omni-channel experience,” confirms Yuki Yamada. “It fundamentally informs our location strategy. Our e-commerce site is our largest flagship. It is an essential lever in our growth plan, including in France. We are strengthening the seamless customer experience between digital and physical stores with Click & Collect, fast delivery, stock visibility, editorial content and technological integration.”

With Uniqlo’s European business surpassing the €2‑billion sales mark in its most recent financial year ending in August 2025, France is set to contribute once again, helping the Japanese retailer to set a new record across the Old Continent in 2026.

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Very Group up for sale again – report

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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.

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