The Kering label’s leather accessories, chiefly handbags, accounting for nearly half of the assortment, and its signature bright green colour, have made it one of the most coveted labels according to a report.
Online luxury resale platform The Real Real announced on Thursday that gross merchandise value (GMV) for December recorded a 40 percent uptick on the year prior, and a 49 percent gain on pre-pandemic December 2019.
Theo Paphitis Retail Group, which owns lingerie chain Boux Avenue (as well as household and hardware goods retailer Robert Dyas), saw sales rising 15.6% in the six weeks to December 24, compared to two years ago.
Billed as one of the biggest commercial property deals in recent years, two designer outlet malls in England have been sold for £600m. Cheshire Oaks and Swindon Designer Outlet have been bought by LaSalle.
Womenswear e-tailer Sosandar has turned in yet another record-breaking set of figures with the company saying on Thursday that Q3 — the three months to the end of December — saw revenue up 122% year-on-year.
Next has reported full-price sales up as much as 20% in the eight weeks to Christmas Day, compared to 2019. It's good news for the fashion retail giant that sold products adding up to £70m more than it had expected.
Decathlon has filed its UK accounts for 2020 and it's no surprise that revenue during the year fell. But it didn't fall as much as might have been expected given the temporary store closures caused by the pandemic.
Los Angeles-based materials science company Ambercycle Inc. has raised $21.6 million in a new funding round, as it aims to develop infrastructure and materials for circularity within the fashion industry.