Italian fashion group Etro is considering an expression of interest from buyout firm L Catterton, a source close to the matter said on Monday.
The owner of the Pep&Co fashion brand has snubbed the London Stock Exchange and chosen to list its shares in Poland instead. The company is thought to be worth around €5 billion.
Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Ant Group is eyeing options for Jack Ma to divest his stake in the firm and give up control, as meetings with Chinese regulators signaled that the move could help draw a line under Beijing's scrutiny of its business.
Alibaba’s luxury e-commerce platform has partnered with the luxury watch fair organized by the Fondation de la Haute Horlogerie in order to enhance the event’s digital capabilities.
Kering’s menswear label Brioni’s recovery plan focuses on its accessories line and new product categories. The brand aims to streamline its costs and business structure, planning 320 lay-offs by 2025.
Shopify Inc shares edged higher on Thursday, recovering partially from the previous day's fall, with analysts saying the news of planned senior executive departures may have limited impact.
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Walmart Marketplace grew to an estimated 70,000 sellers in 2020, fueled by a surge in online shopping due to Covid-19 and a series of investments in technology and vendor relationships reported here for the first time.
During its annual general meeting, the French luxury giant highlighted its "remarkable resilience" during the pandemic and claimed to be well-positioned for strong growth in 2021, thanks particularly to Tiffany & Co..
French specialist in licensed perfumes Interparfums’ future Parisian headquarters will be located at number 10 on the rue de Solférino, which housed the former headquarters of the Socialist Party.
Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
Amazon.com Inc needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as chief executive officer of the online retail giant.
Aspinal of London has filed its accounts for the year to the end of March 2020 and they show how tough the climate was becoming even pre-pandemic. But it also said 2021 is a key year as it heads towards profitability.
