Joules may have seen its margins dented in the AW18 and Christmas season but it continued to expand at home and abroad as shoppers bought into its lifestyle offer despite reining-in their spending elsewhere.
Foot Locker, Inc. has made a $2 million investment in Pensole Inc., allowing the footwear company and its vendor partners to foster new talent and gain early access to collaborative design and new manufacturing talent.
Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.
Major consumer companies including Unilever and Procter & Gamble are chasing consumers who want goods delivered automatically, pitching new online subscription services, even though these have not always worked.
Klarna, the Swedish payments specialist has a new minority investor - rapper Snoop Dogg via his Casa Verde Capital fund. The company has also just unveiled a new marketing campaign starring the celebrity.
Mamas & Papas continued to struggle in its latest year as it reported another loss, although there were some bright spots as its online sales continued to accelerate and now make up nearly a third of its total turnover.
Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.