Jigsaw is the target of a potential £27 million takeover bid. The women’s fashion retailer, owned by parent company Robinson Webster, has received the indicative offer from little-known investor Henrik Madsen.
Asda has issued its first trading statement for a full quarter since it was taken over and also revealed that two more executives have quit. The news comes as it dives deeper into fashion with a new Missguided link-up
Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against India's financial crime-fighting agency, which has accused him and others of violation of foreign investment laws.
The DTC glasses specialist is taking its first step into physical retail through a collaboration with the regional supermarket chain, which will see the brand open kiosks in select Hy-Vee locations across the Midwest.
Shandong Ruyi, the Chinese group that owns a raft of European brands, continued to struggle in H1. Turnover fell 20.43% with the clothing category down 44.67% and the share of revenue it accounted for dropping sharply.
The American sportswear brand is expanding its sustainability efforts with the introduction of a new line of renewed apparel conceived in partnership with circular solutions provider The Renewal Workshop.
The jewelry retailer announced Q2 sales of $1.8 billion on Thursday, an increase of 101.4% from $888.0 million in the prior-year period, impressive progress which led the company to up its full-year guidance.
The New York-based owner of DKNY announced a year-over-year increase of 62.5% in its second-quarter sales on Thursday, as continued strength in casualwear was boosted by increases in broader lifestyle categories.
American Eagle Outfitters Inc reported quarterly revenue that missed estimates on Thursday as the apparel retailer's online business slowed following vaccinations and the easing of some COVID-19 curbs.
In January, the US subsidiary of cosmetics group L’Occitane filed for chapter 11 bankruptcy protection as a prelude to restructuring L'Occitane en Provence’s business, a reorganisation that has recently been completed.