As news continues to swirl around Alibaba’s interest in Farfetch, on Tuesday it emerged that investment company Eurazeo has completed the sale in the market in recent days of all its shares in the luxury e-tailer.
Alibaba Group Holding Ltd is in advanced talks to invest nearly $300 million in online luxury fashion retailer Farfetch Ltd, the Information reported on Monday, citing people familiar with the matter.
French luxury brand Dior has collaborated with Snapchat to allow its users to test their new models from the comfort of their own homes.
Frasers Group CEO Mike Ashley is reportedly angry at being “excluded” from the Debenhams auction saying data provided about the business was “woefully inadequate” and too vague to allow him to bid.
Dr Martens is focusing on young creative talent in the UK and Europe with a new campaign. Called Dr Martens Presents, it starts with a partnership with Liverpool independent radio station Melodic Distraction.
Burberry is adding to its series of charity initiatives and on Monday said it’s “championing the power of giving back” in a link-up with Marcus Rashford that's about feeding kids but also helping them in other ways.
John Lewis Partnership has announced that it's going to "unveil a Christmas campaign like no other for a year like no other” with a focus on doing good rather than commercialism.
The organization, launched by Pyer Moss's Kerby Jean-Raymond and Kering, has named Anna Loeschner as senior vice president and Chanel Floyd as senior director of finance and operations.
Footfall tracking specialist Springboard said high streets are likely to be the hardest hit retail destinations this Christmas season as Covid-19 restrictions keep consumers away.
On Friday, footfall tracker Springboard issued an embargoed release containing its Xmas footfall forecast. But on Sunday, it had to radically downgrade that forecast after Saturday's news of a new English lockdown.
The UK government at the weekend announced a new four-week lockdown for England with non-essential stores to close. But the BRC and NWEC's heads hit back saying scientific advice says shopping isn't spreading the virus.
Luxury retailer Saks Fifth Avenue unveiled on Friday a revamped e-commerce experience at Saks.com, marking the company’s first comprehensive website update in the past five year.
Graduate Fashion Foundation (GFF) has appointed 10 new Global Ambassadors to join the international charity’s line up of designers, international buyers, sustainability activists, stylists, editors and marketing experts.
Landlords may be under pressure, but Mayfair's Grosvenor has unveiled a radical plan to invest in the businesses of some retail tenants in the key shopping neighbourhood and "rewrite what it means to be a landlord".
Craig Green became the latest designer to unveil his new ideas online, with a digital lookbook of his spring-summer 2021 collection released Friday morning.
