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Alibaba splits into six units
The Chinese group plans to divide its activities. Six divisions, from e-commerce to cloud computing, will be created and five will consider fundraising or IPOs.
Business
WBA reports rising sales, says Boots strengthened in Q2
With beauty and health retail giant Boots potentially up for sale again, its owner has released new figures showing its strength in the financial second quarter, the three months to the end of February.
Beauty
Business
Marcolin sales and profits rise in 2022
Eyewear giant Marcolin has released its 2022 results and said that net sales rose 20.1% at current exchange rates to reach €547.4 million, which was also a 13.2% increase at constant exchange rates.
Fashion
Business
Landsec takes full control of St David’s mall, buys adjacent ex-Debenhams space too
Landsec now owns all of the successful St David's shopping centre in Cardiff, as part of the commercial property giant’s bid to build on “operational and strategic momentum”.
Fashion
Retail
Design
Kering joins Pitti Uomo to support ten young responsible designers
The luxury group is joining forces with the men's trade fair via its Materials Innovation Lab (MIL) by supporting ten young eco-friendly designers in the S/Style section.
Luxury
Design
ModaLisboa shines spotlight on Portuguese design
Faced with the challenge of creating a design scene supported by its powerful production industry, Portugal held the 60th edition of ModaLisboa, showcasing both established and emerging Portuguese brands.
Fashion
Catwalks
The 74th annual Parsons Benefit to honor Naomi Campbell, Olivier Rousteing
The New School will host the 74th annual Parsons Benefit on May 24, where it will honor visionary figures in fashion, including supermodel, Naomi Campbell, and Balmain creative director, Olivier Rousteing, among others.
Fashion
Design
Inês Barreto and Niuka Oliveira: emerging designers recognised by Sangue Novo in Lisbon
The Sangue Novo platform held the second and last stage of its competition during the 60th edition of Lisbon Fashion Week, recognising two new designers after a fashion show in which five finalists participated.
Luxury
Design
Appointments
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO
There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO.
Fashion
Appointments
Struggling department store group Galeria Karstadt Kaufhof hires former director
Olivier van den Bossche, former head of Kaufhof, has taken charge of the department store group, which is about to exit its second receivership procedure in three years, with extensive store closures forthcoming.
Fashion
Appointments
Dr Martens appoints Harrison non-exec
Andrew Harrison looks to be the right man for the Dr Martens board vacancy for an Independent Non-Executive Director.
Fashion
Appointments
Parfums Christian Dior names Philippe Farnier global executive vice-president
The LVMH luxury group has announced the appointment of Philippe Farnier to the position of global executive vice-president of Parfums Christian Dior.
Luxury
Appointments
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