German start-up Snocks, based in Mannheim, south of Frankfurt, has sold a stake to private equity firm Cathay Capital, with a view to accelerating the international expansion of its socks and underwear business.
The Italian label is entering the home interiors segment with an ambitious project featuring a home accessories and linen line designed internally, and a furniture line licensed to the Luxury Living Group.
With price set to be a major focus in the months ahead for careful consumers, loyalty schemes are becoming even more important for retailers. And fashion and lifestyle retailer Matalan has just relaunched its programme.
They’re one of the big winners during the pandemic and continue to reap the benefits of the growing demand for e-commerce. We’re talking logistic warehouses. But their occupiers are braced for a dramatic rates hike.
If a reason to boost your sustainability credentials were needed, here it is. UK consumers are more likely to shop with and trust firms that are proactive on climate change/environmental issues, new research shows.