The South African retailer posted a 15% fall in HY1 profit on Thursday hurt by a hefty write-down charge on the value of its David Jones business in Australia and tough trading conditions in its home market and Australia.
The Italian label plunged Milan Fashion Week attendees into a 1960s vision of the future this Wednesday evening, with a runway show that incorporated more than a passing reference to its muse: Jackie Kennedy.
The US fashion and lifestyle brand has opened its first store in France; a visually unique 900-square-metre space located at number 146 rue de Rivoli. The store kicked off with an open-invite party on February 21.
Mallzee, a UK-based shopping app and retail analytics firm, has raised almost £2n in new funds and added a fashion retail expert to its top team as it boosts its focus on providing data insights for the fashion sector.
H&M is looking to online and offline growth in the Indian market as it plans to expand its physical network by adding stores in the coming months followed by the launch of its online portal in the country.