Austrian sportswear retailer Blue Tomato will be debuting in the Netherlands. The 449-square-metre shop will be located at Utrecht’s city centre and will be the first step of the brand's nationwide expansion.
The cat was already out of the bag yesterday but that didn’t detract from the impact of the news on Tuesday that Michael Kors is acquiring Versace for around $2 billion and changing its name to Capri Holdings.
Any info about the health of the UK high-street is of interest at the moment so half-year results from Next were closely watched on Tuesday and it seems the firm "over-performed", the news driving its shares up sharply.
HoF's new owner Sports Direct is continuing to blame “greedy landlords” after it said three of the chain’s 59 department stores will definitely close. They include Hull and Swindon, plus Frasers in Edinburgh.
Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros, 3.6 percent of its outstanding stock.