Topshop isn’t giving up on Australia with news that brand owner Arcadia Group is in early talks to take control of the failed Australian Topshop and Topman operation following its voluntary administration filing.
Australia's Retail Apparel Group (RAG) is being taken over by TFG (or The Foschini Group) for a maximum price of A$302.5m, the South African giant said Thursday. The company is outperforming the market at present.
Edeline Lee, Georgia Hardinge, Isa Arfen, Sharon Wauchob and Teatum Jones are among the eleven designers receiving BFC Fashion Trust grants in 2017. The recipients will share a total grant of £450,000.
B&M European Value Retail had a generally good time in the 12 months to March 25 as sales soared on the back of both new stores and a strong performance in existing locations, but clothing and shoes struggled in Germany.
Chinese mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options.