Simon Property Group and Brookfield Asset Management have reportedly made a bid for Kohl’s.

Despite revenues increasing 39.5%, Adolfo Domínguez recorded losses of €9.3 million in fiscal year 2021-2022. The Spanish brand also announced the appointment of Antonio Puente, general manager, as CEO. 

Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe. 

Japanese luxury resale firm The Valuence Group announced on Wednesday the launch of Allu USA, an English language e-commerce site and selling studio, catering to the sustainable luxury market in America. 

Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.

​Paco Rabanne and Selfridges are embracing NFTs with an innovative project that brings the French label’s original concept of 12 Unwearable Dresses from 1966 to a new audience.

The head of marketing, who was in charge of renewing and positioning the brand with a revamped image, presented in 2019, will leave Desigual after three years. The company has not yet chosen a successor.

To reduce the carbon footprint of its perfumes and beauty products’ packaging, LVMH has inked a partnership deal with US company Origin Materials, specialised in producing carbon-negative materials.

The French label headed by Francesca Bellettini grew significantly in Q1 2022, generating a revenue of €739 million, €222 million more than in 2021.

Danish contemporary brand Saks Potts has announced the appointment of its first CEO as part of its plan to expand internationally. New CEO and co-owner Josefine Laigaard joins on 1 May.

​Textile and print specialist Marimekko has linked up with luxury bag label Mansur Gavriel for a limited-edition capsule collection combining the latter’s “quality craftsmanship” and Marimekko’s art of printmaking. 

A very short Inspecs trading update on Wednesday told us that the eyewear specialist had a strong Q1. The UK company saw revenues rising by $7.5 million, or by 18.5% at constant exchange rates. 

​The Outnet has launched its Resale offer after the announcement made by parent company YNAP last year. It has linked up with Reflaunt to allow customers to resell RTW, shoes and accessories in exchange for store credit.

​Ted Baker has delivered an update on its sale process, but with no news on who might win the prize. It simply said Wednesday that it has received “a number of non-binding proposals from potentially interested parties”.

Puma delivered a strong start to the year on Wednesday with better-than-expected Q1 results. This came on the back of high demand that more than offset supply chain issues and the hit from the Russia-Ukraine war.