It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Fast-expanding retailer Next delivered a Q3 trading update on Wednesday and brief though it was, it showed how the business continues to be one of the most successful and best-run in the UK fashion sector.
Dior went into full court press in the first 48 hours of Paris Fashion Week – unveiling its new Cheval Blanc spa, feting its Dior Home and Kids creator Cordelia de Castellane, and unveiling a Miss Dior floral pop-up.
There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.
Fashion e-tailer N Brown has delivered full-year results for the period to the end of February and it's no surprise that they were weaker than the previous financial year. But the company seemed upbeat for the future.
The H&M Home x Diane von Furstenberg collection launches next week featuring the “bold prints that von Furstenberg is renowned for, such as zebra and leopard, a kissable lip pattern and abstract signature lettering”.
The headline news may have been about John Lewis's pre-tax loss of £517m in the year to January. But more newsworthy was that it said “we do not expect to reopen all our John Lewis shops at the end of lockdown”.
Retail giant Inditex hasn’t come out of the pandemic year unscathed. But the strength of its business model appears to have carried it through so far and its performance since its fiscal year ended has been encouraging
Priced from $3 to $150 with most items under $25, the collection includes home items like tableware, quilts and pillows, pet apparel and accessories, as well as apparel like Levi's trucker jackets and sleepwear.