Through the Bold venture capital fund, L’Oréal has bought a minority stake in Sparty, a Japanese start-up specialising in personalised beauty products.
The rivalry between sportswear giants Nike and Adidas is nothing new, but it seems to be taking a new turn thanks to some of the world's biggest fashion houses.
The designer’s eponymous label, known for its upcycled garments, is appointing Carol Girod as its first chief operations officer and Alya Nazaraly as marketing and digital director.
Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
M&S is ramping up availability for its hugely successful womenswear sportswear own-brand, Goodmove. The retail giant has just launched on Europe-wide premium activewear site The Sports Edit.
UK health & beauty retailer Superdrug has launched its ‘Shop Smart’ campaign in partnership with poverty campaigner and activist Jack Monroe, to help customers navigate the growing cost of living crisis.
Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
In an interesting development, the new series of hit TV show Love Island sees it partnering with eBay UK to dress contestants in pre-owned clothes rather than the fast fashion that's the staple fare of the show.
The owners of Fat Face are believed to have taken on bankers to advise it about a sale of the UK-based clothing and accessories retailer.
Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
The process to take over Ted Baker is continuing with the UK retailer on Monday announcing that it has selected a preferred bidder. But it didn’t say who that is.
High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”.
Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment.
The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company.
Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into "complaints of serious financial irregularities," the company said on Friday.
