Fast-expanding retailer Next and its US partner Davidson Kempner are being widely touted as the frontrunners to buy failed Arcadia out of administration.
Harrods owner Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH’s $15.8 billion acquisition, according to analyst estimates and filing data.
The Spanish fashion retailer is adapting to the new normal of lockdowns and remote working, and is set to extend its product range into the home linen and home decoration categories in Q2.
Adidas has unveiled a deal with G2, the major global entertainment and esports brand. The multi-year link-up sees Adidas becoming key sportsswear provider to G2 and it making the G2 jersey for the new esports season.
Space NK was continuing to progress steadily pre-pandemic, its latest results show. But while Covid has impacted it more recently, its online channel and wholesale have been sources of strength.
N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
E-commerce was the star of the company's holiday season, with e-commerce sales increasing by 57.5% in its North America market and 92.8% internationally.
As a result of the filing, the company expects to close "a significant portion, if not all" of its brick-and-mortar stores, and has launched a store closing and liquidation process.
Shares of Poshmark Inc soared more than 140% in their stock market debut on Thursday, valuing the online fashion marketplace over $7 billion.
Pitti Connect took a novel turn with Herno CEO Claudio Marenzi presenting the brand’s latest sustainable ideas with Globe, before linking to Eataly founder Oscar Farinetti, who has launched eco-retail concept Pea Green.
The Spanish bridal wear group has inked a long-term partnership deal with the Italian luxury menswear label specialised in wedding outfits and occasionwear, to launch its very first men's collection.
Tamara Ralph & Michael Russo announced on Thursday that they won’t be proceeding with their Ralph & Russo SS21 couture collection and presentation.
Uniqlo's Japanese owner on Thursday said operating profits were higher than pre-pandemic levels in its Q1, boosted by China's resurgence and strong demand for stay-at-home clothes like jogging pants and loungewear.
A day after Asos announced strong trading at the end of last year, Boohoo Group came out with its own good news on Thursday as it said the four months to December 31 saw sales soaring by 40%.
As part of the deal, SBG has partnered with Omega Apparel to develop a new line of men’s denim and Millennial Apparel Group for women’s denim.
