The innovative retail concept, promoting ways of extending the lifecycle of products, has debuted at Golden Goose’s long-established Milanese store in via Cusani, and will soon be deployed in New York and Dubai too.
The Clessidra investment fund, a shareholder in the Italian ready-to-wear label since 2014, has sold its 40% stake to a group of investors led by Riccardo Bruno, now the label’s president alongside MD Paolo Montefusco.
Spanish billionaire and Zara founder Amancio Ortega is in talks to buy a 64-floor skyscraper in New York's Financial District, his private firm Pontegadea said on Thursday.
Amazon has offered to refrain from using sellers' data for its own retail business and made other concessions to end an antitrust investigation, EU regulators said on Thursday.
Swatch Group stuck to its forecast that sales would rise at a double-digit rate this year after reporting on Thursday increasing first-half profit and sales, helped by the success of its MoonSwatch watch.
MCC, owner of Notshy and Absolut Cashmere, has been reporting double-digit growth for the past two years. This positive trend is encouraging its founders to look towards new commercial and financial horizons.
Primark has launched a global beauty partnership with Fairtrade, unveiling a skincare range that includes Fairtrade certified ingredients, “helping to support stable and secure livelihoods for farmers”.
The virtual world continues to be an important destination for Burberry. The luxury fashion house has launched a virtual handbag collection on Roblox, “connecting millions of people through shared experiences”.
The UK advertising standards watchdog ASA continues to clamp down on errant social media influencers and fashion brands. The latest is Prettylittlething and its creative director/Love Island star Molly-Mae Hague.
Cyclewear brand Presca Sportswear has joined independent online ethical fashion retail site Wolf & Badger. This means the entire Presca range is available on the platform, joining “the world’s best independent brands”.
Online fashion giant ASOS has teamed up with sportswear giant Adidas and American actress Maude Apatow for the launch of the new Adidas Originals drop, billed as "the ultimate capsule wardrobe for timeless summer style”.
Its key pillars "bigger, better, simpler and cheaper" appear to be winners for pan-European variety budget retailer Pepco Group with group sales rising "strongly" in its third quarter.
The power of shopping/tourist destination Carnaby as a retail magnet continues. The Shaftesbury-operated London location now welcomes global streetwear brand Ksubi to its portfolio of key fashion and lifestyle brands.
Mango has reported its first-half 2022 sales and said turnover was up 24.8% at €1.214 billion. It also beat the sales figure for the first half of 2019, the last H1 period before the pandemic.
British lifestyle brand Crew Clothing has reported sustained growth for 2021 as it continued to invest in its retail stores. The privately held company added 10 stores last year, and saw continued e-commerce strength.
