After buying The Bradery, the French event sales site continues to move upmarket by launching Village, a new environment hosting a permanent selection of high-end brands at reduced prices.
Travel-inspired fashion brand Gandys is widening its seven-month strategic partnership with James and James Fulfilment in its drive for international expansion.
Ambitious digital men’s fashion brand Spoke has completed a £5 million crowd-funding round on the Seedrs platform. The financing will go “to build on current strong momentum across the business".
Grimsby could become the latest town to have its central shopping centre rescued by the local council, which has tabled plans to buy the failed Freshney Place mall for £25 million.
Property giant Unibail-Rodamco-Westfield has announced that it’s to sell Almere Centrum in The Netherlands for €155 million. It has struck a deal with a group of private investors led by the UMB Group.
The firm founded in 2006 is launching a pop-up store in Ibiza, searching for new premises in Paris and Milan, and finalizing store openings in the U.S. and China.
Israeli-based lab-grown diamond producer Lusix has completed an investment round of $90 million from high-profile investors, including LVMH Luxury Ventures.
Amazon has offered to limit its use of seller data and boost the visibility of rival products on its platform in a move that could lead to EU antitrust regulators closing their investigations without a fine.
E-tail giant Zalando said on Monday that it has acquired a controlling stake in Highsnobiety for an undisclosed sum. The two companies will now “join forces to lead the way in engaging and inspiring customers”.
A massive 645,204 jobs have been lost in the UK’s retail sector over the past five years, new figures from the Centre for Retail Research shows. This included 105,727 jobs lost last year.
If working from home continues at current levels, UK retail footfall would permanently remain 10% below pre-pandemic levels, Springboard warned Monday.
Cotton Traders has filed its results for 2021 with the omnichannel retailer saying EBITDA for the year rose 121% to £12.261 million.
Britain's economy unexpectedly shrank in April, official figures showed Monday, adding to fears of a slowdown three days before the Bank of England possibly unveils another rate rise in response to higher inflation.
Rent the Runway announced on Friday its revenues for the first quarter doubled, on the back of record active subscriber numbers and the rollout of the luxury rental platform's at-home pickup to over 20 markets.
Value fashion and lifestyle retailer Matalan is facing questions from investors over its financing. Two groups of lenders want answers to how the retailer is scheduling debt repayments in the face of economic hardship.
