French billionaire Arnaud Lagardere has agreed to relinquish control over his media empire, which includes the Hachette publishing house, under pressure from investors and influential business tycoons.
Alber Elbaz, the renowned fashion designer credited with giving classic tailoring a more playful edge, was buried in Israel on Wednesday following his weekend death in Paris aged 59 after a battle with Covid-19.
UK sportswear retail giant JD Sports has signed resale firm Sole Responsibility as an official sustainability partner. And the reason's clear. It's saved more than 60,000 pairs of trainers from landfill or incineration.
As expected, a poor performance from its retail operations hit the Grosvenor Group in its latest trading year as the pandemic caused the high-end property business to swing to its first loss since the financial crisis.
As live streaming continues to make an impact on fashion retail, fashion brand Isawitfirst has announced what it says is a pioneering partnership with the UK’s first live-streaming social commerce app, OOOOO.
The LVMH Prize 2021 has named its finalists - Bianca Saunders, Charles de Vilmorin, Christopher John Rogers, Conner Ives, Colm Dillane, Kika Vargas, Lukhanyo Mdingi, Nensi Dojaka and Rui Zhou. Three of them are American.
Mulberry's trading update has revealed that — unlike many companies in the wake of lockdowns in the last year — it will report “a small underlying profit before tax” for the 12 months to the end of last month (FY21).