Superdry’s Christmas trading update and results for the first half showed “clear signs of brand and financial recovery” on Thursday, although the company isn’t yet where it would like to be, with sales still lagging.
David Beckham is reportedly selling a 55% stake in his management business to acquisition-hungry Authentic Brands Group (ABG) for as much as £200 million. The reports haven't been confirmed by either party.
The American fashion retailer has become the latest brand to explore the metaverse via the online game sharing platform, launching Forever 21 Shop City, a game allowing users to try their hand at running their own store.
Authentic Brands Group has inked a deal for Reebok to be sold via nearly 3,000 JD Sports stores worldwide, the latest step in the US group’s organisational overhaul of the sport brand before its purchase’s completion.