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.
Irish retail sales continued to rise in November but growth was slower than it has been, although fashion remained a key category for Irish consumers.
Dr Martens shares continued their downward slide on Friday after Thursday had seen them plummeting from around £4.21 each to £3.80 as the firm’s biggest investor reduced its holding.
Walgreens Boots Alliance is upbeat as its first quarter beat expectations and it upgraded its full-year earnings guidance aided both by its US ops and a recovery in its UK unit.
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.
U.S. consumer goods giant Procter & Gamble announced this week it has acquired luxury skincare brand Tula, as the company looks to bolster its prestige brands portfolio.
Apparel chain operator Authentic Brands Group Inc on Wednesday withdrew its plans for an initial public offering in the United States, according to its filing with the securities regulator.
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.
Chinese gaming and social media company Tencent Holdings Ltd has raised $3 billion by selling shares in Sea, which owns e-commerce firm Shopee, according to a term sheet seen by Reuters on Wednesday.
It appears Britons were either preparing for a bumper Christmas season or offsetting rising prices as borrowing in November, especially on credit cards, jumped to its highest level since July 2020.
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.
