French fashion group Chanel released full year earnings for the first time on Thursday, laying down a marker as one of the luxury world's biggest labels by sales after both revenue and profit grew strongly in 2017.
David Jones' new transformation plan could be a major boost for luxury brands in Australia as it grows its luxe offer in key locations and models its revamp on store like Harrods and Galeries Lafayette.
Pop-up stores; the multiple iterations of the Coco concept; three new fragrances and a marketing strategy especially created for millennials in the Instagram age are some of the latest developments from Chanel.
Fashion and lifestyle brand Naked Brand Group announced today it has completed its merger with intimates company Bendon Limited. The companies will operate as subsidiaries of Naked Brand Group Limited, or "Holdco."
At the most recent Outdoor tradeshow, which runs until June 20 in Friedrichshafen, the European Outdoor Group released sector figures for 2017. Europe gained 6.7% in volume terms, despite a sluggish French market.
Debenhams said this week that it could dispose of certain assets as it seeks to conserve cash and focus more intensely on fixing its core UK business, with analysts saying profitable Magasin du Nord could be sold.
House of Fraser's lenders have thrown it a lifeline with a conditional financing deal that is dependent on its CVA being voted through and on the £70 million cash injection from its future majority owner C.Banner.
PayPal Holdings Inc. announced on Monday that it has agreed to acquire Hyperwallet, a global payout platform, for $400 million in cash. The move hopes to bolster options at PayPal to compete with growing competition.