Following its recent Jaeger buy, M&S is diving deeper into selling additional fashion brands with news Thursday that it will add Hobbs, Joules, Phase Eight, White Stuff, Jack & Jones, Sloggi and Sosandar to its offer.
The apparel manufacturer reported net sales of $459.7 million for the fourth quarter ended December 31, 2020, on Wednesday, a year-over-year decrease of 9% that also led the company’s bottom line to slip.
Britain's Marks & Spencer said on Thursday it would launch a wave of guest clothing brands on its website this spring, including Hobbs, White Stuff, Joules and Sloggi, in bid to accelerate online growth.
U.S. consumer prices increased solidly in February, with households paying more for gasoline, but underlying inflation remained tepid amid weak demand for services like airline travel and hotel accommodation.
PayPal Holdings Inc will launch its "buy now, pay later" (BNPL) option in Australia this June, the U.S. payments giant said on Wednesday, muscling in further on Afterpay Ltd and others for share in the booming industry.
German sportswear maker Adidas predicted a strong rebound in sales in 2021, particularly in Asia and Latin America, although its operating profit will be trimmed by costs associated with divesting the Reebok brand.
Spanish designer Alejandro Gómez Palomo has presented his ‘Nuevo Día’ collection with a video set amongst the heliostats of a thermosolar power plant. Inspired by pacifism, Palomo’s bywords are “freedom and comfort.”
Ted Baker is taking a big step on Thursday as it debuts Live Video Shopping for customers in the UK in a deal with Bambuser, the company that also worked with Bestseller on its recent debut in this channel.
There’s been an enthusiast response to In The Style’s initial public offering (IPO). In fact, demand for buying in to its listing on the Alternative Investment Market (AIM) has been "significantly oversubscribed”.
In a surprise move, one of the UK's most successful fashion retail giants, Next, said it would be buying a minority stake in one of the most respected mid-sized names, Reiss. And it could take a majority stake as well.
H&M is putting more support behind Thursday’s launch of its Simone Rocha collaboration with a digital experience “activated via a beautiful, limited-edition book created in collaboration with painter Faye Wei Wei”.