​Joules issued an important update on Tuesday, not just talking about how trading is going at the moment but giving information on its liquidity situation following reports that it had taken on advisers to boost this.

More and more brands are opening cafés and restaurants, following in the footsteps of Vuitton, Dior and Gucci, to capitalize on the gastronomy craze.

The weak euro is big draw for tourists, particularly Americans – who are flagged as a key growth driver for the European luxury goods sector in the second quarter, according to analysts from Barclays.

​Its key pillars "bigger, better, simpler and cheaper" appear to be winners for pan-European variety budget retailer Pepco Group with group sales rising "strongly" in its third quarter.

​Bazaarvoice’s Influenster has launched a new mobile app to match shoppers with brands “seeking honest feedback on their products through authentic reviews, photos, and videos”.

​Matchesfashion on Tuesday morning confirmed that ex-ASOS chief Nick Beighton will indeed be its new CEO, taking over from Paolo De Cesare “after a short transition period”.

​Nick Beighton is certainly in demand post-ASOS. Not long after news of him becoming Chairman of Secret Sales, it now emerges that he’s being brought in to run Matchesfashion, replacing CEO Paolo de Cesare.

​Joe Browns has announced that Peter Alecock has joined it as CEO with immediate effect, taking the reins from founder Simon Brown who remains in a key role with the firm.

​BNPL giant Klarna is expected to announce soon that The Canada Pension Plan Investment Board (CPPIB) is to become a shareholder. It’s to unveil a new $800m fundraising, a media report claims.

​The latest figures from the IMRG Capgemini Online Retail Index show that times are still tough for e-tailers at the moment, although the fashion sector remains the standout performer and is in positive territory. 

​Joules has confirmed it's called in KPMG to help it boost its cash position. In a stock exchange statement it said it “continues to focus on improving profitability, cash generation and liquidity headroom”.

Founded in 2010 by brothers Henry and George Graham in London, the fashion marketplace dedicated to international, independent and emerging designers has just opened its third store in West Hollywood, Los Angeles. 

​Homewares may have struggled in recent periods after it boomed during the pandemic, but retailers aren't turning away from it. In fact, many luxe names see it as key to expanding their sales.

​Driving sales isn't only about the product and marketing is hugely important as well. And Jimmy Choo and Harrods have had an interesting marketing idea with Choo launching a pop-up café Harrods' world-famous shoe floor.

​The UK saw its lowest like-for-like sales growth last month since February 2021, the latest BDO High Street Sales Tracker (HSST) showed on Friday. However, the fashion sector stood out as strong.

Footfall in the renowned Parisian avenue has doubled compared to last year, according to a Cushman & Wakefield/My Traffic study, a stronger rebound than recorded elsewhere in Europe.