Mr Porter is further expanding its fine watch department with the addition of a curated selection of seven Cartier Watches. The line-up will launch on 5 April, with further launches planned for later this year.
The group has acquired suit company Berwin & Berwin out of administration, adding more premium fashion brands to its growing portfolio as it continues to build the retail mix for its Days department store chain.
118 retailers went into administration during 2017 as falling consumer spending, economic uncertainty, the National Living Wage and costs pressures put businesses across the country at risk of collapsing.
Fashion entrepreneur and ex-BFC chairman Harold Tillman is calling for a US Chapter 11-style bankruptcy protection system to give struggling companies the breathing space to turn their operations around.
Mobile orders surged across Yoox Net-A-Porter’s sites for Cyber Weekend with the firm saying they accounted for two-thirds of sales on Sunday. And total orders peaked at more one per second on Black Friday.