Must Read: BasicNet to Acquire Woolrich Europe, Matilda Djerf Reemerges With a Pop-Up at Selfridges – Latest Fashion Trends & Style Tips November 13, 2025 at 10:30PM

📰 Must Read: BasicNet to Acquire Woolrich Europe, Matilda Djerf Reemerges With a Pop-Up at Selfridges

✨ Fashion Insights & Trends:

Photo: Pietro D'Aprano/Getty Images

These are the stories making headlines in fashion on Thursday.

BasicNet to acquire Woolrich Europe

BasicNet has inked a deal to acquire Woolrich from L-Gam, the Luxembourg-based fund established in 2013 with the support of the royal family of Liechtenstein and families from Europe, Asia and the United States. The enterprise value is set at €90 million. Part of the deal, amounting to €40 million, will be paid for €12 million through the transfer of 1.2 million BasicNet ordinary shares at a value of €10 each. The transaction is expected to be completed by December. {WWD/paywalled}

Matilda Djerf reemerges with a pop-up at Selfridges

In December 2024, Matilda Djerf came under fire when Swedish newspaper Aftonbladet published a report citing 11 current and former employees claiming Djerf created a toxic work environment at her brand Djerf Avenue. Djerf apologized, but the scandal halted Djerf Avenue's momentum and its revenue is expected to decline in 2025. Now, Djerf is returning to the spotlight with a holiday pop-up in London's Selfridges running from Nov. 17 to Jan. 2. {Business of Fashion/paywalled}

European Union wants to accelerate the end of the "de minimis" exemption

The European Union is trying to accelerate the imposition of fees on low-value packages entering the bloc in a bid to crack down on cheap Chinese e-commerce imports. European Commissioner for Trade Maros Sefcovic had proposed to the ministers that the "de minimis" exemption for online purchases below €150 ($175) be removed in the first quarter of 2026, two years earlier than planned. It should be replaced with a "simplified temporary customs fee", he said. {Reuters}

H&M to launch Pre-Loved in Los Angeles

H&M is launching Pre-Loved, the brand's curated secondhand offering in Los Angeles. H&M Pre-Loved will be featured inside the brand's new Beverly Hills concept store, opening on Nov. 20 at 12 p.m. PT at 370 North Beverly Dr. H&M has partnered with L.A. vintage retailer Wasteland as the exclusive vintage partner for H&M Beverly Hills. H&M Pre-Loved will also be available in 14 stores worldwide next week, including locations in New York, London, Paris, Stockholm, Berlin, Barcelona and Copenhagen. {Fashionista inbox}

Burberry sees retail sales growth in second quarter

In its second quarter results released on Thursday, Burberry reported a 2% rise in comparable store sales. This marks the first time in two years that Burberry has reported growth at its stores. Burberry's first-half revenue was down 5% to £1.03 billion, compared to last year's first-half revenue of £1.08 billion. The British luxury brand is still undergoing a turnaround under CEO Joshua Schulman. {Burberry}

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