French luxury goods group LVMH plans to overhaul Tiffany & Co's vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles.
British retail sales have suffered their most widespread annual drop since May this month, according to a survey published on Tuesday which suggests that the latest lockdown is taking a heavy toll on many shops.
French luxury goods group LVMH reported a 3% drop in comparable sales for the fourth quarter, as a boom in revenues at its big fashion brands like Louis Vuitton offset a weak performance at its duty free shops.
In positive moves to bolster future expansion plans, fashion and lifestyle retailer Joe Browns has appointed a new buying director and also completed a £1.5 million warehouse extension.
A short statement from JD Sports on Tuesday morning suggested that the company has ambitious plans to make further acquisitions.
Quiz reported its interim results on Tuesday and while the company had been struggling for some time, it faced even bigger challenges in the period to the end of September. And the pain has continued since then.
The international fragrance maker announced a better-than-expected 3.5% increase in its fourth-quarter sales on Monday, results which led the group to raise its full-year earnings guidance.
The sale includes The Original Muck Boot Company, Xtratuf, Servus boots, Neos, and Ranger boots.
Cole Haan has canceled its plans for an initial public offering, which it first announced over one year ago.
LVMH's Hublot watch brand expects to see sales improve this year after a difficult 2020 and a challenging start to the new year, its chief executive said on Monday.
ReCircled, a specialist in recycling and repairing used clothes, has announced the acquisition of Circlarity, a US company that designs solutions used by apparel brands to handle product returns.
A glowing Christmas trading period has put UK-based online beauty brand Feelunique on track to exceed £100m in sales and positive core earnings this financial year.
Dr Martens is getting ready to step up into fashion’s big league. The UK footwear brand is expected to launch a stock market listing today (Monday) worth a potential £3.5 billion.
Asos has confirmed that it’s in talks about buying some of Arcadia brands with the firm saying on Monday that it’s interested in the Topshop, Topman, Miss Selfridge and HIIT labels.
Boohoo on Monday confirmed that it has bought the Debenhams brand for £55m. It will use it to move into beauty and homewares, extend its own brand offering, operate a giant online marketplace and grow internationally.
