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Next and US partner seen as most likely to win Arcadia - reports
Fast-expanding retailer Next and its US partner Davidson Kempner are being widely touted as the frontrunners to buy failed Arcadia out of administration.
Fashion
Business
Harrods owner nets $892 million gain from Tiffany & Co. sale
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.
Luxury
Business
Mango to diversify by launching homeware line
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.
Lifestyle
Retail
Adidas in major new link-up with G2 entertainment and esports brand
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.
Fashion
Business
Trade shows
Pitti Connect: Herno trumpets sustainability; Oscar Farinetti expounds on Green Pea
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.
Fashion
Trade shows
Brunello Cucinelli opens Pitti, in Solomeo, not Florence
Brunello Cucinelli on Tuesday opened Pitti Connect, the latest version of the famed Italian menswear trade fair, but in Solomeo in Umbria, not in Florence in Tuscany.
Luxury
Trade shows
Pitti determined to go ahead with February event, says Napoleone
Pitti is determined to go ahead with its next physical trade show in February, and expects around 300 brands to attend, according to Raffaello Napoleone, CEO of the Florentine fashion salon.
Fashion
Trade shows
Première Vision show to be staged again digitally in February
The February session of Première Vision Paris once again won’t be staged physically, and will be replaced by a digital version scheduled on February 15-19, benefiting from several innovations in its e-marketplace.
Fashion
Trade shows