There’s been speculation for some time and it’s finally been confirmed — e-tail giant THG has ended its deal with Japan’s Softbank and the latter’s massive investment in THG’s Ingenuity arm won’t now go ahead.
Italy’s Benetton has named Andrea Incontri as Creative Director of its women's, men's and children's collections. The SS23 collection, the first to be designed by him, will be shown in September at Milan Fashion Week.
Alibaba will apply for a primary listing in Hong Kong and keep its U.S. listing, the first big company to take advantage of a rule change allowing Chinese firms with dual class shares to seek dual primary listings.
Sportswear retailer Lids announced on Monday the launch of Lids University (Lids U), a new retail concept dedicated to collegiate sports product and apparel in the U.S. San Marcos Premium Outlets (San Marcos, TX)
Amazon will raise fees for its delivery and streaming service Prime across Europe by 20% or more a year, the online retailer said on Monday, as it moves to counter higher costs before it reports its financial results.