LVMH continues to join with partners to accelerate growth post-pandemic, and after last week’s LVMH-Google Cloud news comes its luxury beauty giant Sephora forging a long-term strategic partnership with Zalando.
It was all looking so good at the beginning of June. But more bad weather and the announcement of a further delay to the complete reopening of retail saw UK footfall again dipping for a second consecutive week.
One of the the ‘Big Four’ UK supermarket chains, Morrisons, has received an unsolicited bid approach valuing it at £5.5bn. But it has rejected the offer, despite it being above its closing share price as of Friday.
UK beauty retailer Space NK on Monday launched its first advertising campaign in over 10 years with a creative concept that’s appearing across multiple media platforms, as well as featuring in the windows of its stores.
There seems to be no stopping Exor, which is often mentioned by the Italian media as potentially engaged in creating a major luxury conglomerate in Italy. It has now joined forces with Wwicl on an investment company.
A potential UK retail jobs crisis is looming. The number of EU nationals seeking work has collapsed since Brexit, according to a new report from jobs website Indeed, with the decline hurting lower-paid sectors.