John Lewis on Tuesday unveiled a big expansion of its fashion and beauty offer and the fashion labels it’s adding are designed to reflect the casualisation trend that has only accelerated in the past year.
In three years, the site created by David Benhaim and Michael Holzmann has become a key player in the French resale market. After growing by over 200% last year, Wethenew is now setting its sights on the rest of Europe.
Frasers Group has bought another company with the purchase of designer fashion retailer Psyche for an undisclosed sum. The company has a 40,000 sq ft shop in Middlesbrough, and a webstore, and employs 58 people in total.
Walmart Inc, which is looking to invest in TikTok, said on Thursday it would partner with the Chinese-owned video-sharing app to sell items seen on a livestream by creators featuring the retailer's fashion merchandise.