Superdry is ramping up its sport ambitions following the launch of its separate Superdry Sport label and on Monday it said it has become official clothing supplier for the UK delegation to the Invictus Games.
Chinese social media firm Tencent Holdings Ltd and e-commerce platform JD.com Inc on Monday said they will jointly invest $863 million (647.27 million pounds) in Chinese discount online retailer Vipshop Holdings Ltd.
Chinese social media firm Tencent and e-tail platform JD.com on Monday said they will jointly invest $863 million in Chinese discount online retailer Vipshop Holdings Ltd, upping its rivalry in retail with Alibaba Group.
L Catterton Asia has announced the launch of a joint venture between two of its portfolio companies – GXG, the Chinese menswear fashion group, and 2XU, the premium compression activewear from Australia.
Deckers shareholders voted to keep the company's Board intact, defeating activist investor Marcato whose Board nominees wanted to make changes to the company that included selling off its Hoka, Teva and Sanuk brands.
Shares in Salvatore Ferragamo fell more than 8 percent on Friday after the Italian luxury goods firm, best known for its shoe designs and leather goods, signalled it would still be mired in a turnaround phase in 2018.
Inditex may have beaten the tough market in its latest period but fellow giant H&M hasn’t done so well. It said that while it “continued to grow globally during 2017 in a rapidly changing industry,” Q4 sales dropped.