The OD's Weekly — Issue 1, 21 August 2026

The OD's Weekly — Issue 1, 21 August 2026
UGG at OD'sUGG at OD'sUGG at OD's
The Cover · Western

The Tasman Rides Again

UGG sends its best-loved silhouettes down a dusty trail, with cowboy embroidery, cow print and calf hair for autumn.

UGG has unveiled a Western-inspired collection for autumn, taking its most recognised silhouettes and giving them a rodeo makeover. The Classic Tall, the Tasman, the Tazz and the Lowmel have all been reworked with cowboy-style embroidery, cow print panels and calf hair detailing — a shift in register for a brand built on sheepskin minimalism. The collection, launched on 12 August, spans women's, men's and kids' ranges, suggesting UGG is treating the Western turn as a whole-family proposition rather than a one-off capsule.

The embroidery and cow print sit on top of shapes that have barely changed in a decade, which is presumably the point — familiar silhouettes doing something unfamiliar. Calf hair, a material more associated with autumn boots than slippers, appears across several styles, pushing the Tazz and Lowmel further from their slipper origins and closer to outerwear-adjacent footwear. Cowboy styling has circulated through fashion in cycles for years; UGG's version filters it through the brand's own vocabulary of shearling and suede rather than borrowing wholesale from western workwear.

For OD's, the range widens what a UGG customer can buy without leaving the silhouettes people already trust — anyone loyal to the Tasman or the Classic Tall gets a genuinely different finish rather than a seasonal colourway. Whether the Western treatment sticks around beyond one season or reads as a single moment in UGG's calendar remains to be seen; either way, it is a more distinctive autumn line-up than the brand has offered in some time.

Reported 2026-08-12 · source
The Briefing · Business of Style

Frasers Group Edges Toward Half of Hugo Boss

Frasers Group's stake in Hugo Boss has climbed to 47.89% after its takeover offer period closed, with Mike Ashley's retail group receiving valid acceptances for more than 12.1 million shares. The move places Frasers within reach of a de facto controlling position in the German fashion house without formally winning a takeover, since the offer has now lapsed rather than succeeded outright.

Hugo Boss's own board had urged shareholders to reject the approach, arguing that Frasers' cash offer of €38 per share undervalued the company. That the offer lapsed rather than converting into full ownership suggests enough shareholders agreed, or simply held their shares, to deny Frasers the clean sweep it may have wanted — even as its stake grew substantially in the process.

Where this leaves the relationship between the two companies is unclear: Frasers is now close to half ownership without full control, a position that typically comes with influence over strategy and board composition even short of a majority. For a business the size of Hugo Boss, a shareholder holding nearly 48% is not a passive one.

Reported 2026-08-18 · source
Hugo Boss's board told shareholders that Frasers' €38-per-share cash bid undervalued the company — but its stake grew to 47.89% regardless.
Also This Week · Crystal

Touchstone Crystal, the US-based direct-selling arm of Swarovski, has changed hands: Canadian jewellery company Tocara Group announced the acquisition this week, taking on the division's direct-to-consumer sales model. It is a quieter kind of crystal news than a runway campaign, but a reminder that Swarovski's business is as much about distribution structures as it is about design.

THE EDIT

Clothing, Jewellery & Watches

Tissot at OD's
Swiss Time

A Moon Rises Over Désir

Tissot has introduced a moonphase complication to its Désir women's collection, arriving as six new expressions built around a lunar-cycle display. Each features a mother-of-pearl moonphase disc set at 5 o'clock, a fine-watchmaking detail that has historically sat higher up the price ladder than Désir typically occupies. It is a small mechanical upgrade with an outsized effect on how the dial reads.

Reported 2026-08-12 · source
Swarovski at OD's
Crystal

Swarovski's Jewellery Push Pays Off

Swarovski Crystal Business reported 6% organic growth and 8% like-for-like growth for the first half of 2026, with jewellery the standout, up 11% organically. Europe contributed like-for-like growth of 5% over the same period. For a heritage crystal house, the jewellery category outpacing the wider business by some distance says something about where its growth is actually concentrated.

Reported 2026-08-13 · source
P.E Nation at OD's
Ten Years

P.E Nation Marks A Decade, Sydney-Only

P.E Nation has released a limited-edition capsule marking ten years since founder Claire Greaves launched the brand in 2016, revisiting its original colour-blocking and codes. The collection spans outerwear, sports bras and bottoms, and is available exclusively through the label's three Sydney stores and online — a deliberately narrow release for an anniversary moment rather than a wide relaunch.

Reported 2026-08-18 · source

SPORT & STREET

The Performance Pages

Salomon at OD's
Outdoor

The Numbers Behind Salomon's Surge

Amer Sports reported second-quarter 2026 revenue up 32% to $1.63bn, with its Salomon-driven Outdoor Performance segment growing 37% and direct-to-consumer sales up 52%. The company has raised its full-year guidance to roughly 24% revenue growth, a marked upgrade that leans heavily on Salomon's momentum rather than the wider portfolio alone.

Reported 2026-08-18 · source
On Running at OD's
Running

The Margin Behind On's Quarter

On Holding reported second-quarter and first-half 2026 net sales of CHF 850.3 million, up 21.6% in constant currency, driven largely by direct-to-consumer growth. The company has raised its full-year gross margin outlook to at least 65%, a target that points to DTC increasingly doing the heavy lifting in its business model.

Reported 2026-08-11 · source
Tommy Hilfiger at OD's
Motorsport

Tommy Hilfiger Keeps Pace With Cadillac

Tommy Hilfiger and the Cadillac Formula 1 Team have released a Fall 2026 update to their fanwear line, adding driver replica pieces, co-branded team kit and city-inspired Race Specials. It continues an ongoing apparel partnership between the two, extending the collaboration's line-up rather than relaunching it from scratch.

Reported 2026-08-12 · source

THE DIARY

In Brief · week ending 21 August

  • BOSS Hugo Boss is relaunching hugoboss.com and its mobile app this month, promising improved product discovery as part of a wider digital overhaul.
  • Industry — Trade Harrogate Fashion Week drew its highest-ever visitor numbers for SS27, with more than 2,000 people attending across three days despite pressure on independent fashion retail.
  • Industry — Trade Nominations have opened for Bira's Love Your High Street Awards, recognising independent retailers ahead of Love Your High Street Week.
  • Pal Zileri Pal Zileri has published its Fall/Winter 2026 campaign on Models.com, shot by Stefano Galuzzi and styled by Chidozie Obasi, featuring model Itshak Vanunu.
  • Saucony Saucony has released a four-colourway Endorphin Azura pack tied to the New York City, Berlin, Chicago and Sydney marathons, timed to the autumn marathon season.
  • Industry — Trade Spring and Autumn Fair's Jackson Szabo is fronting a campaign for 90 minutes' free parking, aimed at boosting footfall on independent high streets.
  • Industry — Trade This month's trade press explores how AI recommendation tools are changing the way shoppers find brands online, and what that means for search visibility.

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OD'S · The Weekly — produced by the OD's news desk · every story checked against its source, linked · images from OD's own collections