Premium trainers business The Edit LDN is targeting a £30 million valuation during 2022 after saying its sales have been rising by 60% month-on-month lately. And it’s raising new finance to expand further.
The health situation makes it impossible to hold a physical event in acceptable circumstances, said the organisers of Frankfurt Fashion Week, who are launching a replacement digital edition called FFW Studio.
Milton Keynes can breath a sigh of relief. Any doubts that Harrods may pull out of plans to open a beauty store in the Buckinghamshire town, or further delay its arrival due to the Covid pandemic, are unfounded.
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.