Fresh from the revelation that it’s buying a big stake in Yoox Net-A-Porter, Farfetch on Thursday released some less exciting — but still important — news: its results for the three months to the end of June (Q2).
It looks like a considered, careful Christmas is on the cards. Cautious consumers are placing more emphasis on value and meaningful gifting as inflation soars, according to new research from eBay Ads UK.
No joy for fashion retailers in the latest CBI numbers for this month. Despite British retailers surprisingly reported their strongest month for sales in nine months, that was almost entirely driven by grocers.
New eras for Spring and Autumn Fair and Moda means two major new signings -- Nicola Meadows and Alejandra Campos -- for the Hyve Group-owned wholesale fashion & sourcing, home and gift international shows.
London’s Oxford Street is slowly returning to its tourist-attraction best. Regarded as the UK busiest shopping destination before the pandemic struck, overseas visitor numbers in July were up 24% from the previous month.
There was big news… no, huge news… on the luxury e-tail front Wednesday as Richemont said Farfetch and Alabbar will acquire stakes in Yoox Net-A-Porter, “making YNAP a neutral platform with no controlling shareholder”.
Revlon Inc has pushed back against a shareholder demand for greater representation in the cosmetics giant's bankruptcy case, saying that an official equity committee would not increase shareholders' ultimate recovery.
Commercial property giant Grosvenor has signed global beauty brand Charlotte Tilbury to open a flagship store at its successful Liverpool One mall. It marks the brand’s first UK standalone store outside London.