Saks Fifth Avenue, Coach and Kate Spade partner Tulip raised $40 million in funding led by Kleiner Perkins. The mobile app provider plans to put its funding towards international expansion and innovation.
Hudson’s Bay Co, owner of the Saks Fifth Avenue and Lord & Taylor retail chains, plans to review its options including going private following pressure from an activist shareholder, people familiar with the matter said.
A U.S. senator on Friday questioned the Federal Trade Commission's quick approval of Amazon.com Inc's purchase of Whole Foods Market Inc this week, less than three months after the $13.7 billion deal was announced.
SLG, the Gloucester-based cosmetics manufacturer responsible for Zoella’s beauty range, is expecting to see turnover increase by 40% to £40m this year, driven by the British YouTube star’s overwhelming success.
Global supply chain manager Li & Fung Limited has inked a joint venture with knitwear exporter South Ocean Knitters in what will become one of the largest suppliers of the global knitwear sector, Cobalt Fashion.
The struggling surf and skate wear online retailer has gone into voluntary administration in a move that will see it consider a recapitalisation or restructure, as it continues to face both legal and creditor pressure.
Ulta reported increases in net sales, comparable sales and net income in the second quarter and first six months of the year, and increased its fiscal year outlook. Ulta also maintains its plan to open 100 stores.
Burlington Stores raised its full year 2017 outlook on Thursday, following a positive Q2 and H1. The New Jersey-based company announced in May that it expected its full year total sales to increase in range of 7-8%.