<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
<channel>
<title>Petr Fedin — feed</title>
<link>https://syntha.pro/en/</link>
<description>Fashion-industry analysis and news from my products.</description>
<language>en</language>
<atom:link href="https://syntha.pro/en/feed.xml" rel="self" type="application/rss+xml"/>
<item>
<title>In Syntha a collection can be shown to a new buyer through a link with no prices and an expiry date</title>
<link>https://syntha.pro/en/#post-2026-11-06-p</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-11-06-p</guid>
<pubDate>Fri, 06 Nov 2026 09:00:00 GMT</pubDate>
<description>Showing a collection to someone who is not yet your partner usually means sending a file or opening access to a working account, while prices and terms have to stay inside. In the Syntha virtual showroom I built a guest link for this. For brands that show a collection to new buyers before a relationship begins.</description>
<category>Syntha</category><category>showroom</category><category>product</category>
</item>
<item>
<title>Zalando: gross margin −0.9 pts to 38.7%, but inventory at 18.4% of sales versus 21.8%</title>
<link>https://syntha.pro/en/#post-2026-11-06-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-11-06-a</guid>
<pubDate>Fri, 06 Nov 2026 09:00:00 GMT</pubDate>
<description>Zalando paid for clearing its warehouse with margin: sneaker discounts cost 0.9 points of gross margin, while inventory relative to sales fell by 3.4 points. The question is whether that price paid off.</description>
<category>analysis</category><category>margin</category><category>inventory</category>
</item>
<item>
<title>Hugo Boss: gross margin +2.2 pts to 63.3%, but gross profit in euros is lower and EBIT guidance is cut to €250–300 million</title>
<link>https://syntha.pro/en/#post-2026-11-03-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-11-03-a</guid>
<pubDate>Tue, 03 Nov 2026 09:00:00 GMT</pubDate>
<description>Hugo Boss won on the margin of every item but lost on volume: in euros, gross profit for the quarter actually fell.</description>
<category>analysis</category><category>margin</category><category>guidance</category>
</item>
<item>
<title>adidas: record profit of €1.0 billion, but without the €200 million tariff refund the margin stayed at last year's level</title>
<link>https://syntha.pro/en/#post-2026-10-29-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-29-a</guid>
<pubDate>Thu, 29 Oct 2026 09:00:00 GMT</pubDate>
<description>The adidas record comes from revenue growth and one one-off item. Operating margin without the US tariff refund barely changed.</description>
<category>analysis</category><category>margin</category><category>sportswear</category>
</item>
<item>
<title>ChatX links outside correspondence to tasks and decisions</title>
<link>https://syntha.pro/en/#post-2026-10-28-p</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-28-p</guid>
<pubDate>Wed, 28 Oct 2026 09:00:00 GMT</pubDate>
<description>A working conversation does not stop at the edge of the team: you write to a client, a contractor or a partner, and later have to find out what became of it. In ChatX I am bringing email into the workspace. For teams where part of the decisions live in outside correspondence.</description>
<category>ChatX</category><category>email</category><category>product</category>
</item>
<item>
<title>Hermès: bags +10.8%, while ready-to-wear and accessories fall for the first time in years</title>
<link>https://syntha.pro/en/#post-2026-10-28-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-28-a</guid>
<pubDate>Wed, 28 Oct 2026 09:00:00 GMT</pubDate>
<description>Even the most resilient luxury house now leans on a single category for growth: bags pull upwards while the affordable way into the brand sags.</description>
<category>analysis</category><category>luxury</category><category>China</category>
</item>
<item>
<title>In MFW, a show can lead to an enquiry about a specific piece</title>
<link>https://syntha.pro/en/#post-2026-10-27-p</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-27-p</guid>
<pubDate>Tue, 27 Oct 2026 09:00:00 GMT</pubDate>
<description>A show captures attention, but the road from interest to an order is long. In MFW I am building a path where a viewer who likes a look can ask about a specific item, and the brand and buyer receive that enquiry rather than just applause. For brands, buyers and event organisers.</description>
<category>MFW</category><category>shows</category><category>product</category>
</item>
<item>
<title>Russia: 60 retailers are closing stores, 37 of them in clothing and footwear</title>
<link>https://syntha.pro/en/#post-2026-10-27-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-27-a</guid>
<pubDate>Tue, 27 Oct 2026 09:00:00 GMT</pubDate>
<description>Stores in Russia are not closing because of one chain: shoppers have started counting every purchase, and clothing is the first to suffer in that arithmetic.</description>
<category>analysis</category><category>Russian market</category><category>retail</category>
</item>
<item>
<title>In Renova, the client sees the scope of work and payments before deciding</title>
<link>https://syntha.pro/en/#post-2026-10-15-p</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-15-p</guid>
<pubDate>Thu, 15 Oct 2026 09:00:00 GMT</pubDate>
<description>Accepting a renovation stage is easy when you cannot tell exactly what you are paying for and how much. In Renova I am working to make sure the decision is taken with the full picture in view. For clients and for those who run the renovation.</description>
<category>Renova</category><category>renovation</category><category>product</category>
</item>
<item>
<title>China: a 20% levy on offshore trusts weighs on luxury, quiet brands do better</title>
<link>https://syntha.pro/en/#post-2026-10-15-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-15-a</guid>
<pubDate>Thu, 15 Oct 2026 09:00:00 GMT</pubDate>
<description>Luxury heads into earnings with two problems at once: the Chinese shopper is cautious because of a tax drive, and the American one has started to save.</description>
<category>analysis</category><category>luxury</category><category>China</category>
</item>
<item>
<title>Promomed: a conference that does not end when the hall empties</title>
<link>https://syntha.pro/en/#post-2026-10-14-p</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-14-p</guid>
<pubDate>Wed, 14 Oct 2026 09:00:00 GMT</pubDate>
<description>An ordinary conference ends when the hall empties: the attendee leaves with a folder of materials, and a year later the audience has to be rebuilt from scratch. Promomed is my independent concept for a platform where a community and a conference work together. For organisers of industry conferences, their attendees and partners.</description>
<category>Promomed</category><category>conferences</category><category>prototype</category>
</item>
<item>
<title>LVMH: fashion and leather down 5% in the quarter on China, watches and jewellery up 6%</title>
<link>https://syntha.pro/en/#post-2026-10-14-a</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-14-a</guid>
<pubDate>Wed, 14 Oct 2026 09:00:00 GMT</pubDate>
<description>The world's largest luxury group showed what a slowdown in China looks like in numbers: overall growth held, but its biggest division went negative.</description>
<category>analysis</category><category>luxury</category><category>China</category>
</item>
<item>
<title>How to evaluate a digital platform before its first revenue</title>
<link>https://syntha.pro/en/#post-2026-10-13</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-13</guid>
<pubDate>Tue, 13 Oct 2026 09:00:00 GMT</pubDate>
<description>A product presentation explains what it is designed to do. An investment decision needs different answers: who will pay, for what result, how much implementation costs, and what evidence is required before the next tranche.</description>
<category>investors</category><category>pilots</category><category>economics</category>
</item>
<item>
<title>Syntha now runs deals across multiple legal entities</title>
<link>https://syntha.pro/en/#post-2026-10-02</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-02</guid>
<pubDate>Fri, 02 Oct 2026 09:00:00 GMT</pubDate>
<description>Syntha now runs deals across multiple legal entities. In fashion wholesale, a brand, a distributor and a production partner almost never operate through one legal entity, especially when foreign counterparties are in the chain.</description>
<category>Syntha</category><category>legal entities</category><category>product</category>
</item>
<item>
<title>In Renova, an enquiry becomes a project in a single step</title>
<link>https://syntha.pro/en/#post-2026-10-01</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-10-01</guid>
<pubDate>Thu, 01 Oct 2026 09:00:00 GMT</pubDate>
<description>In Renova, an enquiry becomes a project in a single step. Until now a renovation lead and a working project were only loosely connected: turning an enquiry into a project with a contractor, a client and a schedule meant checking by hand who was who.</description>
<category>Renova</category><category>product</category><category>participants</category>
</item>
<item>
<title>ChatX now has a company wiki</title>
<link>https://syntha.pro/en/#post-2026-09-30</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-30</guid>
<pubDate>Wed, 30 Sep 2026 09:00:00 GMT</pubDate>
<description>ChatX now has a company wiki. Knowledge is usually kept everywhere except the messenger: pinned messages, files on a drive, in the heads of the longest-serving staff.</description>
<category>ChatX</category><category>wiki</category><category>product</category>
</item>
<item>
<title>Material purchasing now runs inside Syntha</title>
<link>https://syntha.pro/en/#post-2026-09-29</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-29</guid>
<pubDate>Tue, 29 Sep 2026 09:00:00 GMT</pubDate>
<description>Material purchasing now runs inside Syntha. Previously, the supplier request, quote, approval and order were handled manually, outside the system that already holds the specification and the collection volume.</description>
<category>Syntha</category><category>purchasing</category><category>product</category>
</item>
<item>
<title>ChatX now suggests what to reply</title>
<link>https://syntha.pro/en/#post-2026-09-28</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-28</guid>
<pubDate>Mon, 28 Sep 2026 09:00:00 GMT</pubDate>
<description>ChatX now suggests what to reply. Coming back to a chat after a meeting and working out what happened over two hours takes real effort, and writing a substantive reply rather than “ok, will check” is harder still.</description>
<category>ChatX</category><category>AI</category><category>product</category>
</item>
<item>
<title>Renova stops losing actions when the connection drops</title>
<link>https://syntha.pro/en/#post-2026-09-27</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-27</guid>
<pubDate>Sun, 27 Sep 2026 09:00:00 GMT</pubDate>
<description>Renova no longer loses actions when the connection drops. On a site or on the road, connectivity fails regularly. If the app was sending an action at that moment – sign off a stage, confirm a payment – it must neither be lost nor run twice.</description>
<category>Renova</category><category>product</category><category>resilience</category>
</item>
<item>
<title>Stores count in days, brands in seasons</title>
<link>https://syntha.pro/en/#post-2026-09-18</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-18</guid>
<pubDate>Fri, 18 Sep 2026 09:00:00 GMT</pubDate>
<description>The data behind collection decisions arrives later than the decisions are due. A season runs three to six months, and the summary of it is put together at the end.</description>
<category>Syntha</category><category>fashion retail</category><category>data</category>
</item>
<item>
<title>Inditex: revenue up 8.4%, ahead of forecasts, but profit misses</title>
<link>https://syntha.pro/en/#post-2026-09-14</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-14</guid>
<pubDate>Mon, 14 Sep 2026 09:00:00 GMT</pubDate>
<description>At Inditex (Zara), sales growth and profit growth have parted ways: costs are outrunning revenue. For a brand owner, it is a prompt to check exactly what you are paying for when sales rise.</description>
<category>analysis</category><category>Spain</category><category>metrics</category>
</item>
<item>
<title>Italian fashion exports: −2.3% on average, but from +6.8% in Hong Kong to −9.6% in Japan</title>
<link>https://syntha.pro/en/#post-2026-09-13</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-09-13</guid>
<pubDate>Sun, 13 Sep 2026 09:00:00 GMT</pubDate>
<description>Italian fashion revenue in 2026 is expected at €91.4bn. That is 1.6% below last year but well ahead of the first forecast. The story is not the total but the spread between countries.</description>
<category>analysis</category><category>Italy</category><category>markets</category>
</item>
<item>
<title>A Vietnamese seamstress costs three times her Bangladeshi peer – and factories are answering with robots</title>
<link>https://syntha.pro/en/#post-2026-08-09</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-08-09</guid>
<pubDate>Sun, 09 Aug 2026 09:00:00 GMT</pubDate>
<description>Vietnam pays a seamstress about $300 a month and is not trying to cut that pay: it is raising output instead. For a buyer, the question shifts from “where is it cheapest?” to “where is it faster and steadier?”</description>
<category>analysis</category><category>production</category><category>Vietnam</category>
</item>
<item>
<title>£3.9bn a year: what UK retail loses on goods never meant for sale</title>
<link>https://syntha.pro/en/#post-2026-06-15</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-06-15</guid>
<pubDate>Mon, 15 Jun 2026 09:00:00 GMT</pubDate>
<description>Drapers has estimated a hidden cost line in British fashion retail. If it is not a separate line in your P&amp;L, you probably do not know your own figure.</description>
<category>analysis</category><category>UK</category><category>metrics</category>
</item>
<item>
<title>Japan’s online fashion market to grow from $32.4bn to $86.2bn by 2033</title>
<link>https://syntha.pro/en/#post-2026-04-01</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-04-01</guid>
<pubDate>Wed, 01 Apr 2026 09:00:00 GMT</pubDate>
<description>Nearly every adult in Japan already has internet and a smartphone, yet the market is still growing 15.2% a year. For a brand eyeing Japan, the question is not whether shoppers can reach your site but how you plug into local channels.</description>
<category>analysis</category><category>Japan</category><category>fashion tech</category>
</item>
<item>
<title>From 19 July 2026, the EU bans destroying unsold clothing</title>
<link>https://syntha.pro/en/#post-2026-03-06</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-03-06</guid>
<pubDate>Fri, 06 Mar 2026 09:00:00 GMT</pubDate>
<description>An ESPR requirement stops being a plan and becomes law, with an exact date. For a brand selling into the EU, it changes how leftover stock is handled right now.</description>
<category>analysis</category><category>EU</category><category>data</category>
</item>
<item>
<title>46% of fashion executives expect 2026 to worsen, up from 39% a year ago</title>
<link>https://syntha.pro/en/#post-2026-01-20</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-01-20</guid>
<pubDate>Tue, 20 Jan 2026 09:00:00 GMT</pubDate>
<description>McKinsey and BoF report that pessimism is rising for a third year running. For a brand owner, that means planning without waiting for things to “clear up”.</description>
<category>analysis</category><category>global market</category><category>research</category>
</item>
<item>
<title>400–500 clothing stores closed in a year as the empty-shelves boost fades</title>
<link>https://syntha.pro/en/#post-2026-01-16</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-01-16</guid>
<pubDate>Fri, 16 Jan 2026 09:00:00 GMT</pubDate>
<description>In 2025, 400–500 clothing stores closed in Russia. For a brand, that marks the end of easy mall space and the start of real bargaining with landlords.</description>
<category>analysis</category><category>Russian market</category><category>retail</category>
</item>
<item>
<title>92% of fashion companies are raising AI budgets, and only 1% call their projects mature</title>
<link>https://syntha.pro/en/#post-2026-01-13</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-01-13</guid>
<pubDate>Tue, 13 Jan 2026 09:00:00 GMT</pubDate>
<description>Almost the whole industry is putting money into AI, yet hardly anyone has a mature project. For a brand owner, that means the gap to competitors is smaller than their press releases suggest.</description>
<category>analysis</category><category>AI</category><category>fashion tech</category>
</item>
<item>
<title>China’s luxury market in 2026: six shifts, and none is about “young and digital”</title>
<link>https://syntha.pro/en/#post-2026-01-02</link>
<guid isPermaLink="true">https://syntha.pro/en/#post-2026-01-02</guid>
<pubDate>Fri, 02 Jan 2026 09:00:00 GMT</pubDate>
<description>Jing Daily names six consumer shifts in Chinese luxury for 2026. Together they break the familiar buyer profile: young, digital, fond of “quiet luxury”.</description>
<category>analysis</category><category>China</category>
</item>
</channel>
</rss>
