Foot Locker Inc will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia.
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Ahead of the lingerie brand’s spin-off as a separate business, L Brands held an investor day on Monday to outline plans for the future of Victoria’s Secret, including new store concepts and digital development.
Walmart's Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", Flipkart argued in a court filing seen by Reuters.
Following the appointment of the rapper as PacSun’s guest artistic director, the youth-focused fashion retailer has revealed the first fruits of the partnership: two collaborations, with Vans and Russell Athletic.
The digital-first resale platform for designer handbags and accessories has announced the launch of Clair Trade, an instant trade-in program allowing customers to buy and sell pieces in one transaction.