The Parisian label has set up a venture capital firm active in supporting young creatives, and has announced a first operation, the acquisition of a stake in emerging US label Connor McKnight.
How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.
A data insights specialist that helps fashion retailers make pricing strategy decisions has won a cash injection via the UK’s Northern Powerhouse Fund.
Womenswear e-tailer Sosandar’s H1 results on Tuesday showed the business continues to thrive. It has enjoyed strong SS21 and autumn trading and has even seen its “first EBITDA-positive months” in October and November.
Checkout and shopper network company Bolt announced on Monday that it has acquired Swedish-based tech company Tipser.
As the online marketplace continues to build out its authentication services, it has acquired the New York-based event organizer and sneakerhead platform’s authentication business for an undisclosed sum.
The American footwear and lifestyle company and the Italian glasses specialist have announced that they have renewed their licensing agreement for Skechers-branded eyewear until December 31, 2024.
Retail landlord Hammerson confirmed on Monday that it’s in talks to sell the major Silverburn shopping mall in Glasgow with a potential price of £140 million.
This month Erdem Moralioglu, a Turkish-Canadian designer, was made a Member of the Order of the British Empire. This week he has been in Paris, mulling a show in the French capital.
Fred Perry has filed its 2020 results and while comparisons are skewed due to changes in its financial year dates during 2019, they show that the pandemic was clearly a tough time for the business.
The corporate venture investment arm of Brazil’s Natura &Co has taken a $2 million stake in the science-backed, Los Angeles-based skincare brand founded by Alli Reed, aka “The Acid Queen.”
By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.
Predictions are all pointing in one direction: this year’s Black Friday spending in the UK is lining up to be one of the biggest (and most important) yet for the start of the Golden Quarter.
Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Paris jeweler Fred welcomed back a key family member of its heritage on Wednesday, the dramatic brilliantly yellow Soleil d’Or diamond, whose 100-plus carats make it one of the rarest stones on the planet.
