Hopes that strong retail sales in the summer would continue into early autumn seem to have been dashed — at least that’s the case according to the earliest of the monthly retail sales reports to come out.
John Lewis Partnership’s management is facing a worker backlash for the second time in a month. This time it’s about paying bonuses to senior staff at a time when the retailer’s announcing redundancies.
This week has brought a number of moves in the property sector as Landsec said on Friday that it has sold two retail parks, while a joint venture acquired Martineau Place shopping centre in Birmingham.
Amazon's executives remained largely white, although the share of non-white executives rose modestly. Minorities continued to account for most of its blue-collar workforce as it grew rapidly during the Covid-19 pandemic.
After a period of focusing on Europe and the Asia-Pacific region, the VF Corp-owned backpack brand is turning its attention back to North America, where it is relaunching under brand president Nina Flood.
The department store chain has joined forces with the pioneering athleisure label to launch Juicy by Juicy Couture, an exclusive brand expansion offering an affordable and inclusive take on the label’s signature styles.
Having been purchased by Eric and Michaël Dayan in 2019, the Sonia Rykiel brand is set to change hands again, joining the portfolio of American fashion group G-III Apparel, owner of labels including Donna Karan.
Luxury handbag subscription business Cocoon has launched a new service “in response to growing consumer demand”. The new Flexi Membership will allow subscribers to tap into Cocoon's collection for a week at a time.
Finland’s Marimekko said on Wednesday that it has upgraded its profit guidance for the full year as pandemic uncertainties reduce, although they haven't gone away and supply chain disruption could still cause problems.
With Topsoho likely unable to repay the €250 million bond debt that matured on Tuesday, its creditors could acquire a 53% stake in Topsoho-owned SMCP, only to perhaps decide to sell it, as FashionNetwork.com has learned.