China's top e-commerce platform Alibaba Group Holding Ltd on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.
The health situation makes it impossible to hold a physical event in acceptable circumstances, said the organisers of Frankfurt Fashion Week, who are launching a replacement digital edition called FFW Studio.
Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
UK premium sneaker and streetwear specialist Kick Game has a double celebration, it opened its first store outside London in Birmingham and signed rapper and entrepreneur Fredo to a multi-million pound promotion deal.
A growing number of fashion brands and retailers are switching from traditional clearance channels to its premium e-commerce marketplace for fashion and beauty, Secret Sales claims after its first year in business.
Independent lifestyle brand Oliver Bonas is to open its first store in Essex, with the 78-store retailer securing a 1,788 square foot regional flagship at Aquila Holdings-owned and operated Bond Street mall in Chelmsford.
John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.