UK retail giant Frasers Group saw revenues at its domestic and European operations surging in the half to October. And while its ‘rest of world retail’ division saw a double-digit dip, overall the results looked good.
Premium outlet malls operator VIA Outlets said it has raised €600 million in its inaugural green bond issuance and saw “high demand”. The proceeds will be used to refinance most of its outstanding secured debt.
Premium fashion retailer Reiss has this week unveiled the first-ever kidswear offer that it flagged with its results last month. The company has created an upscale line that reflects the wider brand’s overall profile.
Zalando is the latest fashion giant to unveil an upgraded commitment to circularity with new business practices to embed it “along the full product lifecycle, from developing design standards to investing in recycling”.
Luxury handbag subscription business Cocoon has launched a new service “in response to growing consumer demand”. The new Flexi Membership will allow subscribers to tap into Cocoon's collection for a week at a time.