Asda — owner of the giant George clothing brand — has reportedly paused its search for a new CEO as one of its new owners is now more heavily involved in its running on a day to day basis.
Radley London has seen a post-pandemic recovery as sales have surged in both the UK and US in the latest half year. That’s good news after lockdown store closures meant sales plunged in the year to the end of last April.
Studio Retail's trading update for Q3 on Monday included some good news and some bad. It saw an improved performance on Black Friday and in the Christmas period, but shipping issues added “downward pressure" to profit.
A day after Moncler said it would stop using fur in its collections, Dolce & Gabbana has also announced a ban on both fur and Angora across its fashion and accessories offer.
WHP Global announced last week an expanded deal with the Joseph Abboud brand for the launch of a men's grooming line and new fragrance collection.
The luxury Swiss watch brand HYT is looking to bounce back from bankruptcy with a new $75,000 timepiece that features a coloured liquid instead of an hour hand.
Pacifica Beauty announced on Friday it has received an undisclosed investment sum from Brentwood Associates, coinciding with the appointment of Nathalie Kristo as the vegan beauty brand's new CEO.
Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales in China due to COVID-related lockdowns.
In January, the outdoor sportswear and equipment e-tailer has raised fresh capital worth €3 million with Sport & Performance Capital, SGPA and a pool of business angels, to boost its digital tech capabilities.
It may have delivered a trading update on Thursday in which its sales soar, but Dr Martens shares fell on the news as investors worried over its future growth prospects, falling as much as 14% after the release.
The French growth capital fund, which usually invests in the fashion and beauty sector, has led a €10 million investment, raised for the Nouvelle Garde breweries.
Shares in LVMH rose on Friday after the world's largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth.
Swiss fragrance and flavour maker Givaudan on Friday said it would pass higher costs on to customers this year after posting a weaker-than-expected rise in net profit and dividend for 2021.
H&M had good news on Friday as it reported results to the end of November. It said it’s back to pre-pandemic levels and is fully focused on growth with ambitious plans to double its sales by the end of the decade.
Luxe fashion e-tailer Farfetch has big beauty ambitions and is to launch the category on its marketplace this year. Ahead of that, it's buying Violet Grey, with the founder to play a key role in its wider beauty plans.
