Aquascutum’s Chinese owner is the subject of a potential lawsuit over unpaid invoices, as fears over a liquidity crisis persist. A Portuguese fabrics firm called Calvelex is expected to take it to court this week.
Fast Retailing’s Uniqlo struggled in November in its domestic Japanese market with the retail giant seeing a 5.5% comparable sales fall and 5.8% drop in total. Both figures included its online operations.
Private equity firm Catalyst Capital Group’s unsolicited bid for Hudson’s Bay Co is not “superior” to an agreed upon deal with a consortium led by its executive chairman, the retailer’s special committee said on Monday.
Zalando, Europe’s biggest online-only fashion retailer, said on Wednesday it attracted 840,000 new customers during the Cyber Week sales, while the value of orders placed on its site jumped by almost a third.
The Italian luxury menswear label's perfume line will be launched in Q4 2020 and will be distributed through Lalique’s retail network, with a focus on Brioni’s key markets, among them the USA, Russia, Europe and Japan.
Bruno Saint Hilaire has failed to find a buyer. It filed for receivership in July, following a period of declining sales and worsening losses, and has now gone into liquidation, with its 85 employees and 20 stores.
China's Zijin Mining Group Co has agreed to buy Canadian miner Continental Gold Inc for C$1.3 billion, but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.