It’s always interesting when a founder returns to spearhead a brand that has lost its way and now Theo Fennell, like the founders of Jack Wills and LK Bennett before him, is back to offer a founder’s vision to the brand.
UK make-up firm Warpaint is going from strength to strength and early results for its Very Vegan launch look good, meaning more new lines are on the agenda. And while business in Europe is slow, the US is booming.
Europe’s biggest health & Wellness chain Holland & Barrett will be bought by a Russian tycoon for £1.77bn after growing sales by 90% since 2010. Superdrug owner AS Watson had also wanted to buy the fast-expanding chain.
Consolidated net sales fell 0.1% in the first quarter and comparable sales fell 1.1%. The retailer reaffirmed its full year guidance and expects its second quarter comparable sales to decrease in the low-single digits.
Venture capital firm Next Coast Venture led the funding round that included participation from former Ralph Lauren and Tory Burch executive Roger Farah. The new investment raises Phlur's total funding to $6 million.
Yoox is partnering with augmented reality camera app Lumyer in an exclusive deal designed to offer something extra to shoppers, put Yoox in front of new potential customers and differentiate it from rivals.
At New York's Metropolitan Museum of Art -- and amid fur protests -- the American designer stepped into the hot seat to be interviewed by the former CNN host and answer questions that his followers tweeted in advance.
Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.
Belgian prosecutors said on Thursday they have closed an investigation into a 2.9 billion euro (2.5 billion pounds) capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault.