Paris Hilton has created an island in the online virtual world, dubbed Paris World. Like other virtual hangouts, Paris World will collect small payments for purchasing virtual clothing and other experiences.
It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Barbour’s latest year saw revenues plunging, its newly-filed accounts showed on Thursday. But there was good news as the firm is profitable and said its performance showed the “strength and resilience” of its brands
The multi-service agency has bolstered its senior staff by naming Jessica Juliano as head of omni-channel operations, Giovanni Pungetti as head of Asia and Giovanni de Marchi, ex Slam Jam, as head of brand partnerships.
Celebrity choices and collaborations were key to fashion this year as consumers got back to almost normal life. And Balenciaga was the label that benefited most with interest spiking, Lovethesales.com research shows.
Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.
M&S has sent out a further signal about its focus on digital with the news that it has added a key new role in its Digital & Data team. Krista Nordlund is its new chief digital product officer and joins in the New Year.
The American footwear brand has announced that it has transitioned from its third-party distributor model in the Philippines and has set up a subsidiary through which it will manage its operations in the country.
The San Francisco-based brand specialized in recycled footwear is receiving investment from the Havaianas owner via a two-step transaction that will ultimately bring the Californian company’s valuation up to $1 billion.
Missguided on Monday announced that Alteri Investors, the turnaround specialist that focuses on the European retail sector, has made “a significant investment” in the firm. The price of this investment wasn’t disclosed.