Boohoo mulls closure of state-of-the-art factory
In early 2022, Boohoo hailed the opening of its first UK “model” garment factory as a new “centre of excellence” underlining its commitment to Leicester’s “great future” as the hub…
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Chanel puts support behind new Chance Eau Fraiche EdP
Chanel has taken an unusual approach to the marketing of the new variant of its Chance fragrance masterbrand with the London headquartered French fashion and beauty giant choosing to focus…
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Kering invests in Italian bio-produced materials specialist Sqim (Mogu)
Translated by Nicola Mira Published Jan 10, 2024 Kering is keenly interested in Italian start-up Sqim, also known as Mogu. Through Kering Ventures, its venture-capital arm, the French luxury group…
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Tory Burch UK’s retail sales rise but gross margins dip
Tory Burch UK has filed its latest results with the company that operates the UK and German businesses for the American label saying that turnover rose by as much as…
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Space NK makes further progress in latest year
Space NK’s results for the year to last March showed strong progress for both sales and profits at the high-end beauty specialist. In a Companies House filing, the firm said…
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Sainsbury’s is an overall Christmas winner but fashion still struggled
UK supermarkets giant Sainsbury’s had a strong Christmas, with the company on Wednesday updating on trading for its third quarter (the 16 weeks to 6 January). Unfortunately, fashion wasn’t part…
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Sosandar growth continues to impress with strong festive sales
While it seems that Sosandar’s spectacular growth should slow down at some point as it gets bigger, it doesn’t seem to be happening just yet. The company continues to have…
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London Designer Outlet Boxing Day sales boom as destination hits record
Wembley Park’s London Designer Outlet (LDO) said on Tuesday that Boxing Day just over fortnight ago was its best trading day ever and helped bring total 2023 sales to £99 million….
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Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal
By Bloomberg Published Jan 10, 2024 Bill Gross is sticking with his wager on Capri Holdings Ltd. even as traders worry that a proposed takeover of the Michael Kors parent…
Read MoreL’Oreal confident on China despite tensions over trade secrets
By Bloomberg Published Jan 10, 2024 L’Oreal SA remains confident on the potential of the Chinese market despite tensions over the level of ingredient disclosure the country is requesting from…
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