Liberty's sales rose and its losses narrowed in the year to February, it said this week. But since then, lockdowns have put it under heavy pressure and while its owners are supportive, times are tough for the flagship.
The deal will see Lorenzo drive the creative and business strategy for Adidas basketball globally, and will solidify the establishment and formation of the third pillar of the Fear of God house, Fear of God Athletics.
The Lehi, Utah-based boutique marketplace for womenswear, accessories, home decor and children’s fashion announced on Tuesday that it has received a $40 million growth investment from Tritium Partners.
Brazilian retailer Magazine Luiza SA has agreed to buy financial technology firm Hub Prepaid Participações SA for 290 million reais ($56 million), a securities filing showed on Monday.
The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc’s Google and Microsoft, months after the Chinese-owned short-video app was banned in the country.
Onward Luxury Group has been bought from the Onward group by its Italy-based management. Now called High Italian Manufacturing Co., it will continue to run the licensed business of labels like Rochas and Elie Saab.
Australia's antitrust regulator on Tuesday rejected a behavioural undertaking offered by Alphabet Inc-owned Google that sought to address competition concerns over its planned $2.1 billion acquisition of Fitbit.
The New York-based fashion group reported third-quarter earnings of $5.0 million on Monday, down from $.6.0 million in the prior-year period, as rent concessions helped to offset significant declines in sales.
The Eutopia (ex-Otium Capital) investment fund, owner of cosmetics brands, Oh My Cream! and Merci Handy, handbag brand, Polène, and mattress manufacturer, Tediber, has completed a first funding round worth €100 million.
Think of Valentino’s brand-new brand experience Re-signify Part One Shanghai, which opened this weekend, as the ultimate in semiotic chic from the Italian house, staged in China’s biggest boomtown.
While store closures in recent years have been difficult for Anya Hindmarch, the business is emerging stronger, its founder said in an interview this week.
Crew Clothing has filed its annual results to the end of 2019 and the figures show a business with rising sales and profits. But it's also a business that has had to cut costs since its year-end.
Frasers has become the first major retail name to withdraw its earnings guidance following the introduction of stricter Covid controls in parts of England as the virus spreads faster than ever.
Plus-size brand Evans is the first of Arcadia’s portfolio of labels to be sold with Australia’s City Chic Collective paying just £23 million for it.
Nike Inc said on Friday that full-year revenue will likely be better than previously expected, after COVID-wary shoppers demanding outdoor sportswear drove its third consecutive surge in online sales.
