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JD Sports in deal to buy struggling Footasylum

Dynamic retail giant JD Sports Fashion looks set to buy its smaller peer, struggling chain Footasylum, and on Monday announced that it had made an offer of 82.5p per share in cash for the chain.

Arcadia mulls CVA, could lead to substantial job losses

The embattled UK retail industry was dealt another blow on Friday after news emerged that Arcadia is considering a restructuring process which could result in significant store closures and job losses.

Prada stops end-of-season markdowns to protect brand, margins

Prada said on Friday it would stop offering end-of-season promotions at its stores, in a bid to boost margins and protect its brand after achieving revenue growth in 2018 for the first time in four years.

Dior unveils capsule collection in first Dubai show
In a tent in Dubai surrounded by fire-breathers and circus performers, Dior unveiled a 15-piece capsule collection that dug into the house's archive to honour the woman of today.

01:59 | Luxury | Catwalks | Collection

Dior unveils capsule collection in first Dubai show
Marchon Eyewear signs exclusive U.S. distribution agreement for Paul Smith Eyewear
The American and British companies have entered into an exclusive agreement for Marchon Eyewear to distribute Paul Smith sun and optical eyewear throughout the U.S.

01:58 | Fashion | Retail | Business

Marchon Eyewear signs exclusive U.S. distribution agreement for Paul Smith Eyewear
Sainsbury's to detail price cuts to try to win over watchdog for Asda deal
Sainsbury’s and Walmart’s Asda will provide a more specific commitment to cut prices in response to a negative provisional view by Britain’s competition watchdog of their proposed tie-up, the Financial Times reported.

00:41 | Fashion | Business

Sainsbury's to detail price cuts to try to win over watchdog for Asda deal
EssilorLuxottica hires headhunter to search for CEO
EssilorLuxottica, the world’s biggest eyewear maker, has hired a headhunter to find a chief executive for the recently merged Franco-Italian group, two sources close to the matter said on Monday.

00:21 | Fashion | Appointments

EssilorLuxottica hires headhunter to search for CEO
Coty’s special committee announces recommendation of JAB tender offer
The New York-based cosmetics giant announced on Monday that the special committee formed to evaluate the tender offer made by JAB Holding in February has recommended that the deal be allowed to proceed.

23:47 | Beauty | Business

Coty’s special committee announces recommendation of JAB tender offer
On Paris' Champs Elysees, shattered glass and smoking ruins
On their 18th Saturday of protests, France’s ‘yellow vest’ movement targeted the tree-lined avenue, smashing banks, ransacking restaurants, burning newspaper kiosks and looting luxury stores.

18/03/2019 | Fashion | Retail

On Paris' Champs Elysees, shattered glass and smoking ruins
New Look's ops in Poland file for bankruptcy, stay open for now
New Look is continuing its exit strategy from its international operations after its bold plan to build a major global business fell short on the back of changing consumer habits and over-ambitious expansion.

18/03/2019 | Fashion | Retail | Business

New Look's ops in Poland file for bankruptcy, stay open for now
Giorgio Armani’s general manager Livio Proli set to leave
The general manager of the Italian luxury group will step down on March 31, though he will remain on the board of directors, and will continue as president of Armani-owned Olimpia Milano basketball club.

18/03/2019 | Luxury | Appointments

Giorgio Armani’s general manager Livio Proli set to leave
Under Armour appoints chief design officer
American athletic and performancewear company Under Armour, Inc. has named Kasey Jarvis as its new chief design officer, with an expected start date set for early April.

18/03/2019 | Fashion | Appointments

Under Armour appoints chief design officer
Matalan launches own-brand beauty range
Matalan is the latest fashion chain to expand its product universe with the launch an own-brand makeup line this month.

18/03/2019 | Beauty | Retail

Matalan launches own-brand beauty range