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The problems at Signa could be a boon for Saudi Arabia’s sovereign wealth fund as it’s reportedly targeting a stake in Selfridges. But French giant Kering has said it’s not interested,…
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Business spring cleaning continues at Frasers Group with the UK retail giant now placing kidswear brands Base Childrenswear, Kids Cavern and Flannels Junior into administration. Flannels Junior This comes just…
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The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. It…
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As the fashion rental marketplace continues to expand its universe, global platform By Rotation is actually going local. By Rotation Calling itself the ‘Airbnb of fashion’ and operating in both…
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Online fashion group N Brown is to cut a small proportion of staff as part of the retailer’s ongoing transformation programme. The group behind the Simply Be, JD Williams and…
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Translated by Cassidy STEPHENS Published Mar 18, 2024 Marcolin is attracting a lot of interest. According to reports circulating on the market, a number of suitors are interested in buying…
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London-based Bluegem, the private-equity firm, has struck a deal with PAI Partners for the latter to acquire a majority stake in Beautynova, the professional haircare platform. Beautynova The acquisition will…
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The spate of major British brands being put into administration by their relatively new owners doesn’t appear to be over with Ted Baker the latest. Ted Baker On Tuesday it…
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In a first for Castore, the fast-growing contemporary British sportswear brand has completed a “highly innovative” deal with domestic heritage brand rival Umbro. It will see Castore expand its already…
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By AFP Published Mar 19, 2024 French luxury giant Kering said Tuesday it is anticipating a 10-percent drop in year-on-year sales in the first quarter due to a decline in…
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