JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
Rakuten Inc’s shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake sale to companies including Japan Post and Tencent as it takes on Amazon.
It’s hard to think of a designer more in synch with a great fashion house than Wes Gordon, the creative director of Carolina Herrera. We Zoomed Wes to discuss creating for an iconic house and designing in the pandemic.
JD Sports hasn’t stopped looking for acquisitions and on Monday it said that it has reached a conditional agreement to buy US-based DTLR Villa, the “hyperlocal athletic footwear and apparel streetwear retailer”.
The opening day of Paris haute couture week ended with three experienced designers -- Giambattista Valli, Julie de Libran and Olivier Theyskens at Azzaro -- showing collections that captured the couture's energy.