Chinese group Anta Sports bought the Fila group's franchised brands for China, Hong Kong and Macao in 2009, and in 2021 the Italian sportswear brand’s revenue in the region reached CHY21.82 billion ($3.37 billion).
The L’Oréal group has recently announced the launch of the ‘Bold Female Founders’ venture capital programme, designed to support women-led start-ups.
It looks like an announcement of a definite merger between two giant London landlords — Shaftesbury and Capco — could be some way off with a deadline extension being announced on Monday.
Dr Martens is embracing the repair and resale movement in a link-up with Depop and expects refurbished or secondhand boots could account for around 15% of sales within a decade.
Ted Baker hasn’t announced the name of the preferred bidder to which it’s talking, but news reports say acquisition-hungry Authentic Brands Group (ABG) is the front-runner to clinch a £300m deal to buy the UK retailer.
Arklyz Group, owner of the specialty footwear retailer The Athlete's Foot announced is has acquired Shoe City, a Baltimore-based sneaker and streetwear lifestyle retail chain together with online platform, YCMC.
Hibbett Inc. announced on Friday revenues in the first quarter plummeted by more than 16%, on the back of a dive in comparable store sales, especially physical retail revenues.
Spanish retail sales rose 1.5% in April from a year earlier on a seasonally and calendar-adjusted basis, after falling 4.1% in March, the National Statistics Institute (INE) said on Friday.
Clearpay, the BNPL specialist, has made its in-store payment functionality available to small- and medium-sized businesses (SMBs) across UK high streets.
Fashion e-tailer Missguided is teetering on the brink with administrators stepping in after creditors issued a winding-up petition. And a report claimed that e-tail peer Boohoo is working on a pre-pack rescue.
Asda’s sales went into reverse in Q1 as the privately held supermarkets giant that owns the George clothing label suffered against tough comparisons with the year ago period and also from inflation hitting hard.
Q1 figures for Farfetch were more muted than some of its recent results and the company warned about the near-term impact of the macroeconomic backdrop that’s currently hurting fashion businesses at all price levels.
Just six weeks after being bought in a rescue deal, shirtmaker TM Lewin has relaunched e-commerce. Currently carrying the reborn label’s initial SS22 range, additional lines are “to be added in the coming weeks”.
Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades.
Ulta Beauty announced on Thursday record-breaking financial results for the first quarter, as the cosmetics company logged revenue and earnings surges, thanks to increased comparables sales fuelled by consumer demand.
