The iconic German footwear manufacturer has reportedly received interest from investment fund CVC, which is currently in negotiations to acquire the family-run company valued at around 4 billion euros.
The iconic New York-based fashion group has teamed up with non-profit Parity.org and a group of industry peers, including PVH Corp. and Lacoste, to reveal a new roadmap for achieving gender parity in the fashion sector.
It’s been a long time coming since the announcement last year, but Harrods has finally opened its first standalone beauty store, H Beauty, at Lakeside in Essex. A second store will open in Milton Keynes in 2021.
A quartet of key UK fashion names have topped a new global ranking for omnichannel marketing excellence. But many UK firms are still missing out on basic opportunities to optimise e-commerce, resulting in lost revenue.
Global Fashion Group released preliminary Q2 figures on Friday and said that it expects the period to be its second profitable quarter on an adjusted EBITDA basis, as well as its first cash flow-positive three months.