The Paris Commercial Court will deliver its decision on 12 October, but Carven seems to have found its savior in the Chinese group Icicle, with all in favour of a total takeover, FashionNetwork.com has learned.
Ted Baker is boosting its licensed business further and has entered a global deal with Timex “to underpin its own global plans with a unique offering in watches that complements its apparel and accessory collections.”
In a surprise move on Friday, Anglo-Dutch consumer products giant Unilever said it has cancelled plans to move from its current dual-headquartered structure to a Dutch head office and Dutch main stock exchange listing.
Intu's Hammerson merger may have been called off after Hammerson became a bid target, but now Intu is the subject of a possible bid as a consortium of UK and international investors look at making a play for the company.
French retailer Casino on Thursday denied for the second time this week Brazilian press reports that said it had hired a financial advisor to sell its Brazilian supermarket unit GPA.
Snap Inc’s Chief Executive Evan Spiegel has set a goal to achieve full-year profitability in 2019 and outlined a new set of strategic goals, online news service Cheddar reported on Thursday, citing a memo.
Sportswear maker Nike Inc said on Thursday it was concerned about rape allegations against Cristiano Ronaldo, one of the world's best football players.
Branded lifestyle apparel, footwear and accessories leader, VF Corp, announced on Thursday that it has entered into a definitive agreement to sell the Reef brand, to The Rockport Group.
The head of Gucci has reassured shop staff over a looming slowdown in the pace of sales growth after a revenue explosion at the Kering-owned label, according to an internal video message seen by Reuters.
The pharmaceutical retail group has taken a minority stake in the monthly beauty subscription service, announcing plans for a partnership that will see Birchbox shops appearing in Walgreens locations from December.
Amazon said on Tuesday it will increase hourly pay rates for warehouse workers in the U.S. and UK, but the UK’s GMB Union has voiced its concerns, saying the firm's simultaneous scrapping of bonuses will harm workers.
Beauty may be the big UK retail success story at the moment and Debenhams may be pouring extra resources into the area, but that doesn’t mean everyone operating in the sector will come out a winner.
Molton Brown will be making a big play for the fragrance market next year and is set to launch new Eaux de Parfum as it rebalances a portfolio currently geared more towards toiletries/bodycare and home fragrances.
Luxury’s strength was prominent in the latest Interbrand ranking of the Best Global Brands Thursday, but even the biggest names couldn’t rival digital when it came to the brands that are key for consumers.
Shares of Australia’s Myer Holdings jumped 8.8% after its largest shareholder Premier Investments Ltd, chaired by billionaire Solomon Lew, asked Myer for a list of its owners, fuelling speculation of a takeover offer.
