The hosiery brand has said that despite challenging weather impacting the European fashion market in the first half of the year, it expects the Christmas quarter to help it boost its full year operating profits.
German e-commerce retailer Zalando has launched its online shopping club Zalando Privé in Spain, giving shoppers access to private sales that will offer up to 75% off on styles from over 2,500 selected brands.
The chain has opened a 3,500-square-metre space at 54 Boulevard Haussmann, adjacent to Galeries Lafayette and Printemps. The space brings the brand’s new automated order collection point to France for the first time.
L Brands, owner of Victoria's Secret, has announced that it will sell a 100% stake in lingerie brand La Senza to an affiliate of private equity firm Regent LP. The transaction is expected to be completed in January.