The latest player to enter the rapidly developing fashion rental market is Swedish fast fashion giant H&M, with a deft high street collection of archival evening wear, in a concept store that opens this Friday.
UK consumer confidence remains at a low level as the Christmas shopping season really gets under way and the latest figures from GfK mark nearly four years since consumer confidence was in positive territory.
The volume of Black Friday payment transactions in Britain as of 10 a.m. was up 12.5% versus last year, initial data showed on Friday, bringing some cheer to UK retailers in need of a tonic after a troubled year.
Clariant will take a 10% stake in French cosmetics ingredients maker Plant Advanced Technologies , the Swiss specialty chemicals company said on Friday, setting up a strategic partnership between the two companies.
Millennial and Gen Z consumers, especially from Asia, plus the growth of online, a booming secondhand market, and a desire for social responsibility are all pushing growth higher in the luxury market, a new study shows.
U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources told Reuters.