Yet more positive news on UK retail rent collections. This time it comes from Midlands-based Mailbox REIT, which recorded a “strong” 92% collection rate for the 24 June-28 September period.
True to its word, Creightons has been on the acquisition trail. The personal care, beauty, and fragrance products maker has bought the Emma Hardie business, including its signature skincare brand, for £6.26 million.
After news this week of Marks & Spencer and JD Sports Fashion improving their digital and logistics focus, Very Group is also highlighting its own credentials.
The Rolling Stones merchandise production line is on a sporting roll. Hot on the heels of linking up with the Euro 2020, the group’s RS No.9 Carnaby retail arm has now teamed up with Team GB for the Tokyo Olympics.
The Couture Club has collaborated with rapper Hardy Caprio to launch the Manchester-based retailer’s first ever unisex collection, co-designed by the locally-based grime artist.
City Chic Collective has continued its acquisition spree, buying Germany-based Navabi, the plus-size label that’s sold in its domestic market as well as in the UK and France.
Unibail Rodamco Westfield has reported H1 results and continued to see “significant Covid-19-related disruption” in the first six months. But it also highlighted its ongoing “resilience in tough operating conditions”.
Mothercare’s return to health was interrupted by the pandemic in the latest year, with the company’s results for the 52 to March 27 showing a much wider loss.
Dr Martens continued its run of strong performances in the latest quarter and on Thursday the footwear specialist reported a 52% rise in group revenue for the three months to June 30.
American Eagle announced on Wednesday the launch of the brand’s back-to-school campaign, which will roll out with the brand’s partners Snapchat and Bitmoji.
Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly," sending the social media giant's shares down about 5% in extended trading.
The American luxury group has announced a series of new initiatives, including the launch of the Tapestry Foundation, the expansion of its corporate responsibility agenda, and the implementation of a $15 minimum wage.
Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.
Clean Clothes Campaign is pressuring Uniqlo to pay $5.5 million in salaries left unpaid by a former supplier, liquidated in 2015. The brand's parent company, Fast Retailing, denies all responsibility.
