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European Commission launches DSA proceedings against Shein

The EC said the proceedings will scrutinise Shein’s safeguards aimed at preventing illegal goods being sold within the European Union.
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Ultra fast-fashion growth fuelled by AI, tech, may be offset by policy pressures

Growth of the fast fashion industry over the next 10 years is primarily going to be shaped by AI and technology, policy pressure and supply chain governance, according to a group of experts speaking at the OECD Forum on Due Diligence in the Garment and Footwear Sector.

Asos introduces hybrid virtual try-on option for UK and US app users 

UK-based online retailer Asos has begun offering a hybrid virtual try-on feature to a select group of customers in the UK and US.

Debenhams confirms £35m equity fundraise to support turnaround plan

UK online fashion group Debenhams has confirmed recent speculation about plans to launch an equity fundraise of approximately £35m ($47m).

Very Group refinances debt and extends maturities to 2030

The refinancing extends all note tranches within the group’s £1.77bn UK securitisation facility to 1 February 2029 on improved margins.