Italian luxury down jacket maker Moncler said that key data on its customers was safe following a cyber attack it suffered last year, after some data was released on the dark web on Tuesday.
Kohl's Corp has been approached by a potential buyer, sources said on Tuesday, as the department store came under fresh pressure from an activist hedge fund to explore strategic options.
LVMH investment arm Luxury Ventures has taken a minority stake in Aimé Leon Dore, the American streetwear brand founded by New York designer, Teddy Santis.
Despite the extra costs of dealing with supply issues “in challenging circumstances” Matalan pushed through to deliver a “strong" Q3 performance, the UK-based fashion and lifestyle retailer said.
High-end streetwear mystery box specialist Heat has received a $5m seed funding investment from a group led by LVMH Luxury Ventures and venture capital firm Antler as it seeks to expand.
Ikea, the world's biggest furniture brand, said on Tuesday it was on track to become climate positive by 2030 as its annual carbon emissions fell 6% from pre-pandemic levels despite record sales.
Sales at Italian fashion group Prada bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the company said on Tuesday.
THG’s Q4 trading update on Tuesday showed that the group’s shares may have been under heavy pressure in recent months but its sales continue to soar.
Hugo Boss was upbeat on Tuesday as it reported record quarterly sales and momentum accelerating further in Q4. It also said that its preliminary 2021 results have exceeded its guidance.
Italian fashion house Valentino said on Monday it had reorganised its finance and operations structure into two distinct units to separate its business and control divisions.
The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
ASOS is big and the online fashion retailer is expected to get much bigger in the next three-to-four years. That’s according to the firm’s first-ever economic impact report complied by Oxford Economics.
French leather goods label Lancel, owned by the Piquadro group, recorded sales worth €21.4 million in Q3, equivalent to a 28.8% rise, and accounting for a 46.9% share of the Italian group's total sales.
Covid-19 is still an issue for Leeds Group. The UK-based fabrics and haberdashery wholesaler and retailer’s half-year to 23 November 2021 saw it continuing to struggle.
JD Sports Fashion is turning its attention to esports, the booming international video games competition arena. The UK’s biggest athletic sportswear retailer has signed a commercial partnership deal with Excel Esports.
