Frasers Group has acquired a big stake in Australian fashion marketplace, MySale. It sees it as "an opportunity for a strategic partnership" to sell end-of-line group products via an established clearance channel.
It's official. After several days of speculation, restructuring specialist Hilco Capital has acquired the Cath Kidston brand from its previous owner Baring Private Equity Asia (BPEA).
Fresh from delivering its latest results this week, on Thursday H&M had another big announcement with the debut of a new partnership with Google Cloud.
A new BCG and Comité Colbert study shows that 65% of consumers “take into account companies' commitment to sustainable development when deciding on their purchases” and that luxury still needs to do more to excel online.
Evolved By Nature, a biotech firm backed by French fashion company Chanel, said on Thursday it has raised $120 million in a financing round, adding new investors including one of Canada's biggest pension funds.
Indie athletic performance sport brands Hoka and APL, launched in 2009, have each grown a following of devotees who swear by both the technical abilities and look of these athletic shoes.
U.S. eco-textile firm AlgiKnit announced on Wednesday it has raised $13 million in a Series A funding round, which will see the kelp yarn maker embark on a new phase of growth moving forward.
Celebrity makeup artist Isamaya Ffrench has launched her own beauty brand, releasing a five-piece debut collection this month.
UK lifestyle retailer Cath Kidston’s new owner could be investor Hilco. It’s close to buying the brand and wholesale operations, having held “detailed talks” with owner Baring Private Equity Asia, a report says.
British eyewear specialist Inspecs had a good year in 2021 with the firm’s annual results on Wednesday showing revenue surging 420%.
Budget footwear retailer Shoe Zone issued what must be one of the shortest trading updates ever on Wednesday with just a few lines that nonetheless contained good news.
H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.
Mulberry was upbeat Wednesday as its reported annual results, with a slew of strong figures and a determination to eventually reopen in Paris. But it has predicted slower growth ahead due to the volatile global backdrop.
The Botswana government and De Beers Group have extended their agreement for the sale of rough diamond production from its joint venture Debswana by an year to June 2023, the diamond miner said on Wednesday.
Lycra has gained new ownership, with creditors of its former parent company Shandong Ruyi Technology Group taking full equity control after the Chinese fashion conglomerate defaulted on a $400 million loan.
