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Business

Reliance says KKR to invest $755.1 million in retail arm

Reliance says KKR to invest $755.1 million in retail arm

U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd’s retail arm, giving the unit a pre-money valuation of 4.21 trillion rupees.
Fashion
Business
Icon Outlet outperforms as post-lockdown sales and footfall rise

Icon Outlet outperforms as post-lockdown sales and footfall rise

​UK retail seems to be recovering in a very uneven way with some destination types recovering faster than others and local high streets faring better than city centres. Outlet malls in particular seem to be doing well.
Fashion
Business

Down but not out, Temperley confident in new strategy after weak 2019

Temperley has been through some tough times in recent years and experienced a "significant downturn" in trading due to the impact of Covid-19 this year. But a new positioning and strategy is key to its fightback.
Fashion
Business

Vivienne Westwood sales, profits rise, stays confident despite tough times

Vivienne Westwood reported 2019 results this week and while the figures pre-date the current crisis, it seems confident that it has the strength to continue, despite saying that Covid-19 had a “profound impact”.
Fashion
Business

Trade shows

Pure London and Shoptalk organiser Hyve makes more cost savings as revenue plunges

Pure London and Shoptalk organiser Hyve makes more cost savings as revenue plunges

​Tradeshows organiser Hyve Group said on Wednesday that it’s making further cost savings as it issued a trading update and said revenue was down but it remains resilient.
Fashion
Trade shows
Kingpins to launch digital show this October

Kingpins to launch digital show this October

Created in partnership with sourcing marketplace Material Exchange, the virtual trade show promises "a robust and flexible digital showroom platform," equipped with helpful tools and features for denim mills and buyers.
Fashion
Trade shows

Fashion’s latest online marketplace launches with The Style Pulse

Milan Fashion Week will witness the full launch of a new B2B digital fashion wholesale project named The Style Pulse, with an innovative business model and an experienced global team.
Fashion
Trade shows

White to celebrate Made in Italy and sustainability in 300-brand salon

White, the uniquely located fashion-forward Milanese tradeshow, this month plans to celebrate Made in Italy and support sustainability, while it showcases several exciting new talents in its upcoming 300-brand salon.
Fashion
Industry