French Connection issued a surprise (and very short) update on Friday detailing the results of its strategic review, and its share price plunged as a result. The reason? It's no longer for sale and trading remains tough.
Looks like the test drive of the Store of the Future fitting room that Farfetch helped dream up for Chanel is proving comfortable, since the house now plans to open three new examples in the first half of the year.
Premium-contemporary brand Tiger of Sweden has announced the departure of its creative director Christoffer Lundman, saying the company and the designer “have mutually agreed to part ways after two years”.
Boohoo continued its rapid sales ascent in the four-month period to the end of December and while there was no information about sales at its newly-acquired brands, its existing portfolio went from strength to strength.