Swiss watchmaker Patek Philippe is seeing good demand across the world, its president told Reuters on Thursday, playing down industry concerns about a potential slowdown in top luxury goods buyer China.
The Netherlands’ Hema announced today that it is in talks with Marcel Boekhoorn of investment company Ramphastos Investments, who has the intention to acquire the 92 year-old chain from its current British owner.
The former Meghan Markle has proved that she’s lost none of her star power in the months since her wedding and with a royal tour of Australia and news of her pregnancy, she’s helping anything she wears sell out fast.
U.S. footwear and apparel company Nine West Holdings Inc filed an amended Chapter 11 bankruptcy plan that will reduce its pre-bankruptcy debt obligations by more than $1 billion, the company said on Wednesday.
The Australian menswear retailer entered into voluntary administration on Thursday, announcing the company could no longer cope with the influx of international competitors and the fast evolution of online shopping.