Harrods is clearly not suffering from the cloud hanging over many of its sector peers further down the price chain and like luxury rivals Selfridges and Harvey Nichols, luxury and tourist spending has sent profits up.
Juicy Couture has reportedly got a makeup collection up its velour tracksuit sleeve.The LA-based fashion brand has been working on its debut cosmetics line, dubbed ‘Juicy Couture Color Collection,' according to reports.
News this summer that struggling Australian department store chain Myer was looking to sell its designer label Sass & Bide, appears to have been premature with a report on Friday that the firm has called off its plans.
Danish fashion firm Bestseller United, the biggest investor in Asos, the fast-growing British online fashion retailer, said on Thursday it would reduce its holding by selling a 2.4 percent stake in the firm.
Logistics issues may have been a problem for H&M in the US, France, Italy and Belgium in Q3 but the quarter was mainly about good news as online surged, AI and analytics tech delivered, and sales recovered.
The beauty company has announced a new long-term strategy to “Open Up Avon”, focusing on positioning the company to capture strategic opportunities, rebooting its sales model and developing its digital capabilities.