Luxury designer Philipp Plein chose his still-new London flagship on Old Bond Street on Thursday to launch his new ‘crypto concept store’, with plans to roll it out to many more stores within a few weeks.
Ahlem Manai-Platt, the French luxury eyewear designer, has announced a major collaboration with musician Beck. Distributed globally, the Ahlem brand will open its third store this year in San Francisco.
Its plan to “put food back at the heart of Sainsbury’s” may have been the main message in the UK supermarket giant’s year-end trading statement, but fashion is where the business is operating strongly.
Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.
Despite revenues increasing 39.5%, Adolfo Domínguez recorded losses of €9.3 million in fiscal year 2021-2022. The Spanish brand also announced the appointment of Antonio Puente, general manager, as CEO.
Retail sales have been “poor for the time of year” this month and sales volumes both in-store and online fell rapidly in the year to April. That’s the takeaway from the latest CBI monthly Distributive Trades Survey.
Ted Baker has delivered an update on its sale process, but with no news on who might win the prize. It simply said Wednesday that it has received “a number of non-binding proposals from potentially interested parties”.