The purchase by Sports Direct of department store group House of Fraser drew a cautious response from analysts on Monday, with some saying the deal could backfire on Mike Ashley, the sportswear retailer's founder.
(Relaxnews) - According to a statement issued Monday, August 13 from the animal rights group PETA, the organizers of Helsinki Fashion Week have pledged to ban leather clothing and accessories from July 2019.
They may feel aggrieved at not obtaining an official seal of approval, but traditional Romanian dressmakers are riding a wave of demand for their folk designs after Dior inadvertently showcased their craft.
House of Fraser is to get a new owner after calling in administrators Friday. A fast deal to buy a slimmed-down version of the chain had been on the cards with news Friday that retail tycoon Mike Ashley is now in charge.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.