After bailing out menswear label Corneliani, the Italian government is supporting the growth of womenswear label Liu Jo via a €15 million loan by state-controlled investment bank Cassa Depositi e Prestiti.
Ikea sees sales returning to growth this year after the coronavirus crisis boosted shoppers' interest in spending more on their homes, a trend the world's biggest furniture retailer believes is here to stay.
Shares in Puma fell 3.5% on Tuesday after French luxury group Kering said it had completed the sale of a 5.9% stake in the German sportswear company for approximately 656 million euros ($772 million).
Watches of Switzerland seems to have come through the lockdown and post-lockdown period in good shape and on Tuesday, its Q2 trading update told us that it’s actually done better than it had hoped.
China's Alibaba plans to acquire a stake of up to 9.99% in Swiss duty free group Dufry, Dufry said on Monday, as it announced a new Chinese joint venture with the tech giant.
The Nike-owned US sneakers brand has signed a deal for the production and distribution of its eyeglasses and sunglasses with Marchon Eyewear. The first models will be launched at the start of 2021.
Peer-to-peer secondhand fashion marketplace Depop is boosting staff numbers in the UK following surging demand during lockdown.
The program will provide those selected with business-building bootcamp, one-on-one mentorship, monetary funding including grants, and a shot at pitching their company to industry experts, investors and Sephora leaders.
Superdrug had a "solid" 2019 but 2020 has been hit by the pandemic. Despite most of its stores staying open, footfall has plummeted.
Mulberry faced a challenging year in 2019 and 2020 has been far from easy. But it's fighting back towards eventual profitability, and current trading is beating expectations, despite sales falling.
The range of men's pieces, designed in collaboration between Rihanna and Christian Combs, includes boxers, robes, trunks and pajamas.
Unified Commerce Group (UCG) announced on Friday a strategic investment in Canadian sustainable fashion brand Frank And Oak.
A purist fashion statement and a celebration of the French love of spectacle at Hermès on Saturday, in the most skillfully staged show so far on the international runway calendar.
Vivendi plans to keep buying shares in Lagardere and is open to acquiring activist fund Amber Capital's stake in the company, which could trigger a tender offer for the rest of the Lagardere's stock.
Walmart is to sell its UK supermarket chain Asda to a consortium comprising private equity group TDR Capital and the founders of petrol station operator EG Group. The purchase price is £6.8 billion ($8.8 billion).
