There's no doubting anything Kardashian related is still a major pull for many consumers. Hence, luxury retailer Flannels has signed US label Talentless to its roster of high-end brands for its 20 UK stores and online.
Frasers Group saw lower sales in its first half, as would be expected given that most of its stores were closed for part of the period. But the fall was relatively small and the company’s profits rose.
Mike Ashley's Frasers Group confirmed on Monday that it’s interested in buying Debenhams even though the auction for the Department store chain has already ended and the chain is expected to close completely by March.
Frasers Group is continuing its deep dive into the luxury sector. On Thursday it announced that it has increased its already-large stake in leather goods company Mulberry and could make an offer for the brand.
Frasers was hurt by lockdowns at the end of its latest financial year but said its results had been on target prior to this. And the company's elevation strategy is continuing with a new focus on web elevation too.