H&M Group has soft-launched an interesting new venture with Singular Society, a first-of-its-kind members brand that gives those who sign up “access to uncompromised life essentials at the price they cost to make”.
The Arcadia administrators have reportedly put a price of around £200 million on its star chain Topshop, with attempts to get a deal signed pre-Christmas. That could mean initial bids being filed within the next week.
Fashion retailer French Connection on Friday announced a new funding package to specifically help its US business. And it also said that trading is tough as lockdowns have dented sales, but e-tail is stronger.
China's radiant male skincare market has a raft of domestic startups tapping global investors for funds, with ambitions to rival giants like L'Oreal in a billion-dollar business serving image-conscious millennial men.
The pandemic is hurting festive season shopping with new figures showing most international consumers have done less than usual. But it also showed an interest in buying fashion and in returning to stores.
Frasers Group saw lower sales in its first half, as would be expected given that most of its stores were closed for part of the period. But the fall was relatively small and the company’s profits rose.
Pantone has named its new Color of the Year and has selected two with Ultimate Gray and Illuminating being “a marriage of colour, conveying a message of strength and hopefulness that is both enduring and uplifting”.