Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.
Quiz continues to face difficult trading as UK retail stays challenging at best. And while the firm’s Spanish ops are doing well, its Irish business seems to be suffering from the same issues as it’s facing in the UK.
Zalando has announced the appointment of Barbara Daliri-Freyduni as Senior Vice President, Demand, while Ralf Herbrich is set to join the German retailer as SVP Data Science and Machine Learning in 2020.
Smiley has shared further details of its SS20 Ellesse collab with news that the capsule will offer staple styles for men and women “that fuse Ellesse’s sportswear designs with Smiley’s counter-culture heritage.”
With Christmas coming up, retailers need serious funding to get through the period and Debenhams has landed a £50m deal with some of its current lenders on largely the same terms as the £200m it negotiated in the spring.
Barely a day goes by at the moment when we don’t news about resale and Thursday was no different. H&M said that it has increased its investment in ‘re-commerce’ platform Sellpy and is now its majority owner.
N Brown's digital focus and concentration on core brands in the UK seem to be paying off and with labels like Joules, Clavin Klein and Tommy Hilfiger being added to its retail offer, it's upbeat for the future.
Wearable device maker Fitbit said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January in response to the ongoing tariff threat.