Luxury fashion house Fendi announced on Tuesday it has taken a majority stake in Italian knitwear maker, Maglificio Matisse, a key supplier of the LVMH-owned brand for over 15 years.
It’s going to be a tougher-than-expected Christmas trading period, if one report is to be believed. UK shoppers are likely to spend 22% less on non-essentials in the festive run-up and other markets will see drops too.
Furniture retailer Made.com — which has also owned Trouva since the spring — may be facing a sea of troubles as its losses widen, but the up-for-sale business still seems to be in demand.
Fast Retailing’s Uniqlo brand had another good month in its domestic Japanese market in September.
South Korean tech firm Naver Corp said on Tuesday it agreed to a $1.6 billion deal to buy Poshmark Inc, a U.S. apparel resale platform firm, as a strategic investment to enter the U.S. e-commerce market.
The Spanish fashion company, which expects to exceed 150 million euros in turnover by 2022, is exploring the possibility of acquiring new companies or stakes, in order to expand its business.
Mulberry’s days as a catwalk brand may be long gone but the company on Monday launched back into full-on ready-to-wear with an outerwear collection that it’s linking closely to its latest star bag line.
Hyve Group is returning to pre-pandemic normality with the international exhibitions organiser saying the pace of in-person event recovery in FY22 has “exceeded anticipated levels”.
LK Bennett on Monday released its results for the year ended January 2022 and they looked good, with sales and profits up, despite ongoing Covid restrictions during the period.
After the aggregators that buy third-party sellers from Amazon to develop them, similar structures are appearing in the Shopify ecosystem, including the German Everstores, which has just raised 18 million euros.
Luxury giant Kering announced on Monday that it owns "more than 90%" of U.S eyewear manufacturer Maui Jim, which will add to the Kering Eyewear brand portfolio, a deal announced in March.
Frasers is doubling down on its efforts to get MySale shareholders to accept its buyout offer as it also says it’s on the verge of owning more than half of the firm’s shares, even though it’s still well below its target.
Owned by the Swiss company Airesis, the Aube-based brand, which dresses the French Olympic team, saw its sales approach 65 million euros in the first six months of 2022, up 23% compared to 2021.
Under-pressure retailer Joules on Friday responded to press reports that it’s considering a CVA with a stock exchange statement that neither confirmed nor denied the news.
Friday was a key day for the Nike Connected Partnership programme. Not only did it link up with JD Sports for the UK, but it also partnered with Zalando to give access to Nike member-exclusive products for Europe.
