The latest house to develop a new way of showing its women’s ready-to-wear is Mulberry, which presented on a London runway, a collection much of which it first revealed in a Paris showroom four months before.
The company saw revenues rise by 20% in the fourth quarter and 7% for the full year 2017. The group also decided to sell Nautica during the fourth quarter and has classified it as a discontinued business.
Turkish fashion giant Dido is targeting the UK menswear market with its contemporary Avva brand and is currently in talks with retail landlords that should mean it opening at least one store in Britain within a year.
Despite several fashion chains struggling to keep afloat amid growing pressures in the retail sector, almost half of independent high street businesses see their future as “booming”, according to a new report.
Figleaves is launching extended order deadlines, allowing online customers to order later in the evening and still receive their purchases next day, following a new agreement with parcel carrier Yodel.
Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com in Asia’s third-largest economy, two sources familiar with the matter said.