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Hermès invests in Lanificio Colombo

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November 5, 2025

The Italian supply chain continues to attract the luxury heavyweights. Following Chanel, fellow French luxury house Hermès has now set its sights on a centre of Italian excellence, confirming to FashionNetwork.com that it has acquired a minority stake in Lanificio Colombo.

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Hermès – Spring-Summer 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

Hermès explained that “the transaction forms part of the French company’s vertical integration strategy.” When contacted on the matter, Lanificio Colombo declined to comment.

According to press reports, the deal would give the house a 15% stake in the Piedmont-based company and will deepen synergies between the Italian manufacturer and Hermès, which produces most of its creations in France through an extensive network of manufacturing sites.

Lanificio Colombo, founded in Borgosesia by textile entrepreneur Luigi Colombo, specialises in the production of cashmere and noble fibres, including yangir, guanaco, vicuña, and camel hair.

In the third quarter of its financial year, Hermès reported sales up by 5% to €3.9 billion. Supporting the company’s results was the “slight improvement” in sales in Europe, the Americas and Asia, led by the leather goods division.

To meet growing demand for handbags, the group confirmed more than €1 billion of investment this year and will open three additional leather goods workshops in France over the next three years.

In October, Hermès appointed designer Grace Wales Bonner as creative director of menswear, replacing Véronique Nichanian, who will present her final collection for the maison next January in Paris after 37 years with the house.

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Westfields in London and Hamburg win major awards at MAPIC event

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November 6, 2025

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November 6, 2025

Mall giant Unibail-Rodamco-Westfield (URW) has won two awards at the European retail real estate show MAPIC, held annually in Cannes, France.

Westfield

Westfield London was named ‘Most Influential Retail Property Project’ of the past 30 years, and was joined by Westfield Hamburg-Überseequartier which won ‘Best Urban Regeneration Project’.

​The operator noted Westfield London is Europe’s largest shopping/dining/entertainment destination, combining more than 460 stores and “has been a catalyst for more than £8 billion of inward investment to the local area and attracted more than half a billion visitors since its opening, generating around £18 billion in sales and thousands of jobs for the local community”.

Anne-Sophie Sancerre, Chief Customer and Retail Officer, URW, said: “These two awards are a powerful celebration of URW’s dedication to the incredible customer experience we create at our destinations, and the impact we have in the communities we serve.

“From pioneering first to market retailers, local heroes and the best flagship outposts of major brands, Westfield centres are a unique combination of the best of the retail industry. 

“That retail curation paired with immersive experiences and activations, exceptional customer services and our commitment to creating sustainable places, continues to shape the future of our industry while allowing us to grow our platform of Westfield-branded destinations in the world’s most dynamic cities.”

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US trade negotiator eyes trade deal with Switzerland, says talks underway with Mexico

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November 6, 2025

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November 6, 2025

US trade officials met with representatives from Switzerland this week and are having discussions with trade officials from Mexico, Central America, and others in the Western Hemisphere, US Trade Representative Jamieson Greer said on Thursday.

U.S. Trade Representative Jamieson Greer is interviewed by a TV network at the White House in Washington, D.C., U.S., October 30, 2025 – REUTERS/Kylie Cooper

Greer told Fox Business Network’s “Mornings with Maria” that a potential deal with Switzerland could boost manufacturing in the US, noting that Swiss companies were “quite eager” to invest in sectors such as pharmaceuticals, aircraft, aircraft parts and even gold smelting.

“So we’re in close conversations with the Swiss,” he said, noting that he had met with a delegation of Swiss companies that had met with US President Donald Trump at the White House on Tuesday. Greer said discussions with Switzerland had been ongoing for several weeks.

The group included executives from shipping company MSC, watchmaker Rolex, investment firm Partners Group, commodities trader Mercuria, Cartier-owner Richemont and precious metals firm MKS.

Switzerland has been scrambling to secure a trade agreement with Trump that could reduce the 39% tariff rate that he slapped on Swiss imports in August, among the highest duties levied in his global trade reset.

Greer said he was also having discussions with trading partners in the Western Hemisphere including in Central America as well as Mexico, adding that Trump’s trade strategy was continuing to take shape.

“You saw it last week in Asia as he struck deals with a number of Southeast Asian countries and East Asian countries. You’ll see it again this month in the Western Hemisphere and elsewhere,” he said, without providing any further details.

Greer’s office on Thursday changed the dates of a hearing on the US-Mexico-Canada trade agreement to December 3 to 5 from the initial date of November 17.

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H&M and Perfect Moment launch après-ski collaboration

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November 6, 2025

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November 6, 2025

H&M has announced a new collaboration with luxury ski and lifestyle brand Perfect Moment.

H&M and Perfect Moment launch après-ski collaboration. – H&M x Perfect Moment

The partnership introduces a 28-piece après-ski capsule collection launching December 2 in selected stores and online. The line features statement outerwear, performance-inspired separates, knitwear, and winter-ready accessories designed for both the chalet and the city. 

“We’ve loved translating our distinct brand DNA into a perfect Apres-Ski capsule for H&M,” said Jane Gottschalk, creative director and founder of Perfect Moment. “Working with the teams in Stockholm has been a highlight – moments to remember for sure. I can’t wait to see our joint community of Moment Makers now bring it all to life.”

Key pieces include a burgundy faux fur puffer jacket with a hood that hits just above the hips, a black-and-white star-print puffer jacket with a jacquard belt, burgundy leather trousers inspired by classic ski pants, a loop-knit cardigan with striped trims, and a matching burgundy knit set. Accessories add playful luxury with faux-fur moon boots, pom-pom hats, wraparound sunglasses, and an oversized star-print mohair scarf.

The colour palette draws on Perfect Moment’s signature black, white, and silver, accented by burgundy and icy blue. Materials such as faux fur, leather, merino wool, mohair, and cashmere blends balance performance with polish, while details like oversized hoods, jacquard trims, and cinched waists blend function and style.

“We’re thrilled to be collaborating with Perfect Moment on this winter collection – it’s unexpected, dynamic, and sure to spark excitement. The silhouettes are glamorous yet laid-back – just like après-ski – but also has a real edge with the leather, faux fur and textured knits,” added Ann-Sofie Johansson, creative advisor and head of design womenswear at H&M.

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