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Associated British Foods announced its interim results on Tuesday covering the 24 weeks to the beginning of March, and they showed that the company’s Primark chain is continuing to prosper…
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Beauty and e-commerce tech giant THG’s first quarter saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a…
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After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, late on Monday both companies issued statements defending their plans. See…
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By Bloomberg Published Apr 23, 2024 On a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry slippers, flamboyant jackets and bright green…
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Selling fine jewelry and luxury watches is a serious business. But Bucherer, the fine jewelry sister brand to Tourneau as of 2018, decided to incite clients to its latest offering,…
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By Reuters API Published Apr 23, 2024 The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry‘s $8.5 billion deal to buy Michael Kors owner Capri, saying it…
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What better way for an outlet shopping centre to celebrate a 15th anniversary than to announce another set of record footfall and sales numbers. Gloucester Quays’ operator Peel Retail &…
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Clean beauty brand Beautycounter has been acquired on April 18 by founder Gregg Renfrew, according to multiple reports. Beautycounter According to the news outlets, Renfrew and other private investors have…
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Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa. Selfridges Central is aiming for…
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By Bloomberg Published Apr 22, 2024 Express Inc., the clothing retailer that rose to prominence through its business casual apparel, filed for bankruptcy after a turnaround effort fell short. Express…
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