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In Paris, Europe’s fashion industry closes ranks against ultra-fast fashion

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September 17, 2025

A rare group photo. Some twenty* representatives of Europe’s textile and clothing sectors met in Paris on September 16 to sign a declaration committing their various bodies to a joint fight against ultra-fast fashion, and calling on national and European authorities to take action in the face of competition from Shein and Temu.

Representatives of the European federations signing the declaration – UFIMH

The signing took place in Villepinte, where the Première Vision Paris trade show runs from September 16 to 18. Behind the expected conviviality among industry peers, a palpable tension surfaced, as the professionals gathered shared a sense of urgency in the face of ultra-low-cost Chinese competition evading all oversight, including customs checks.

This feeling was reinforced by what already looked like a countermove: Shein France announced an agreement with a first French brand that very morning. The announcement had initially been scheduled for Monday, September 15.

In the text signed by the federations, the European institutions are urged to swiftly abolish the duty exemption for small non-EU parcels worth under 150 euros. The federations would also like to see a levy applied to these parcels to fund inspections, alongside VAT collection. The signatories further call for accelerated investigations and penalties under the Digital Services Act and the Digital Markets Act, and for the establishment of a dialogue with the Chinese authorities, whose sustainability objectives diverge from the practices of local platforms.

The document also calls on Member States to adopt national measures to curb, as in France, the marketing activities of ultra-fast-fashion players, while actively supporting textile and clothing companies investing in sustainability, quality and innovation. Consumers are not overlooked in this effort. The joint declaration invites them to favour sustainable products, and to support companies and brands taking part in the sustainable transition of the textile and clothing industry.

“The fashion industry can’t and won’t wait,” warned Pierre-François Le Louët, president of UFIMH (Union Française des Industries Mode & Habillement), who initiated the event.

“We need this battle to be waged country by country, for our federations to take this issue to legislators and the press, and, at EU level, to press the European Commission to move faster,” he continued, noting that France has already passed a “Fast Fashion Law” that now legally defines a business model deemed harmful.

Mario Jorge Machado, president of the European textile industry confederation Euratex, pointed out that this event will help the industry make its voice heard by the European Commission.

“We have to stop being naive and pretending not to see what’s happening to our market: these players are exploiting the fact that we play by the rules,” insisted the industry representative. \

“They take advantage of our brands as well as our consumers. You cannot destroy creativity and intellectual property in this way: it’s unacceptable. Our industry is known for its innovation, quality and design. So we have a lot to defend.”

Mario Jorge Machado (Euratex), Olivier Ducatillion (UIT) and Pierre-François Le Louët (UFIMH)
Mario Jorge Machado (Euratex), Olivier Ducatillion (UIT) and Pierre-François Le Louët (UFIMH) – MG/FNW

“Enough is enough,” said Olivier Ducatillion, president of UIT (Union Française des Industries Textiles).

“We are all suffering from this situation. Every time we propose solutions at the local level, we’re told it won’t work because these players will find workarounds at the European level. So we have to find new ways and set our sights wider. Today’s signature is not an end point; it’s a starting point.”

Representatives from the Italian, Portuguese and Dutch sectors took turns at the microphone, each reaffirming the need for action that is as swift as it is coordinated across the sector.

“There was no representative of the European Commission among us this morning, and that’s not down to the organisers,” noted Ralph Kamphöner, who represents the German Textil+Mode federation in Brussels.

The federations estimate that 4.5 billion parcels were imported into Europe last year via Chinese low-cost platforms, a volume that they say now accounts for 5% of clothing sales in Europe and 20% of online clothing sales.

*UFIMH (Union Française des Industries Mode & Habillement), UIT (Union Française des Industries Textiles), Euratex, ATP (Portugal), Chambre du Commerce de Services, Confindustria Moda (Italy), Finnish Textile & Fashion (Finland), TOK (Bulgaria), Modint (Netherlands), WKO (Austria), SEPEE (Greece), LATIA (Lithuania), DM&T (Denmark), Swiss Textiles (Switzerland), Consejo Intertextil Español (Spain), Fedustria (Belgium), Textil+Mode (Germany), ANIVEC-APIV (Portugal), TEKO (Sweden), Creamoda (Belgium), European Flax and Hemp Alliance, and PIOT (Poland).
 

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Louis Vuitton names Future as new ambassador

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December 16, 2025

Louis Vuitton has named Grammy Award–winning artist Future as its newest ambassador, deepening the maison’s ongoing commitment to celebrating talent across cultural landscapes. 

Louis Vuitton names Future as its newest ambassador. – Louis Vuitton

The Atlanta-born rapper, producer and composer continues to dominate the global music landscape. Most recently, he released back-to-back chart-topping albums, “We Don’t Trust You” and “We Still Don’t Trust You”, which became an international phenomenon and further cemented Future’s status as a cultural trailblazer. Over the course of his career, Future has earned 11 number-one albums and multiple chart-leading singles.

“Future embodies the core values of Louis Vuitton, including creativity, artistry, and a pioneering spirit that resonates with international audiences,” the maison said in a statement. “His unique style and creative vision make him an invaluable addition to the Louis Vuitton family.”

It’s not the first time Future collaborates with Louis Vuitton. He attended Louis Vuitton’s Men’s Spring–Summer 2026 show in Paris at the invitation of Pharrell Williams, a longtime friend and creative collaborator. Earlier this year, Future also appeared at the 2025 Met Gala, themed “Superfine: Tailoring Black Style,” wearing a custom Louis Vuitton grey quarter-zip ensemble layered with a tie, designed by Williams.

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Rent the Runway sales lift on increased active subscribers

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December 16, 2025

Rent the Runway announced on Monday sales for the third quarter rose 15.4% to $87.6 million, with the U.S. rental platform clocking growth across its subscriber base.

Rent the Runway

The New York-based firm said ending active subscribers grew 12.4%  to 148,916 during the three months, and average active subscribers totalled 147,645, up 12.9% on the prior-year period.

Meanwhile, total subscriber numbers lifted 6.1% to 185,166 during the quarter ending October 31.

In line with strong sales growth, the company reported a net income of $76.5 million, as compared to a loss of $18.9 million in the third quarter last year.

“This year we’ve repositioned ourselves for sustained growth in the category,” said Jennifer Hyman, co-founder and CEO of Rent the Runway.

“Not only did we execute operationally on our stated goals to return to our customer-obsessed origins, reinvigorate our brand, and drive double-digit growth in subscribers; but we also restructured our balance sheet, closing the recapitalization transactions in October that offer improved financial flexibility to better position us for continued growth.”

Earlier this year, Rent the Runway said it will hand over a controlling stake in the company as part of a plan to cut debt and grow.

The deal, with lender Aranda Principal Strategies and other partners, will wipe more than $240 million of debt from Rent the Runway’s balance sheet, according to an emailed statement released in August.

Looking ahead, Rent the Runway said it forecasts revenue of between $323.1 million and $325.1 million for the full-year.
 

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Chanel taps Aegon’s top HR executive for luxury company role

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December 16, 2025

Chanel has tapped the human resources chief from Dutch insurer Aegon as the fashion and beauty company continues to reshuffle its top executive roles.

Chanel – Pre-Fall2026 – 2027 – Womenswear – New York – ©Launchmetrics/spotlight

Elisabetta Caldera, 55, has been named global chief people and organization officer for Chanel Ltd., succeeding Claire Isnard, 64, starting next month, the company told Bloomberg News in a statement.

Isnard is retiring after more than 17 years at the group, which had a workforce of around 38,400 employees last year. Caldera will join Chanel’s leadership team, reporting to Chief Executive Officer Leena Nair, and be based in London.

Caldera spent more than four years as global chief human resources officer at Aegon Ltd. where she was also part of the insurer’s executive committee. The Italian executive previously spent 17 years at Vodafone Group Plc in various HR roles until 2021 when she joined Aegon. 

Under CEO Nair, the former head of HR at Unilever Plc, Chanel has been rebuilding the roster of top managers at the company as an older guard retires.

Chanel, known for its No. 5 fragrance, is privately owned by the billionaire brothers Alain and Gerard Wertheimer whose fortunes are estimated at about $43 billion each, according to the Bloomberg Billionaires Index.

The company, founded in Paris but headquartered in London, reports its financial performance once a year, generally around late May. Revenue fell 4.3% to $18.7 billion in 2024 on a comparative basis with operating profit sliding by almost a third partly due to heavy advertising spending and a rise in hiring.
 



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