French Connection said on Friday that it has received more than one takeover approach. It’s considering a sale of the retailer, which has been struggling for several years and has seen its share price plummeting.
Most of the fashion week's regulars won't be presenting during the four-day event, which runs February 14 through 17 this season, with some brands opting to show off calendar, while others have yet to announce plans.
The Catalan fashion label is upping its omni-channel game by launching a project to expand its e-shop, reaching 150 countries in 2021. Last year, 30% of Desigual's revenue was generated by the e-tail channel.
Canada Goose beat estimates for quarterly revenue and profit on Thursday, boosted by a surge in online sales and increased demand for its luxury parkas in China, sending the company’s U.S-listed shares up nearly 21%.
Marks & Spencer isn’t just upping it’s game in womenswear. The UK retail giant is also turning its attention to expanding character-based kidswear with the introduction of Mr Men and Little Miss clothing this month.
Despite awful retail footfall figures for January, lockdown fatigue and pent-up desire to go non-essential shopping is simmering. So expect a bounce-back when the world of retail fully reopens, says Springboard.
The slow and steady rollout of the Sellpy secondhand platform is continuing with the brand taking the next step on its international journey as it expands into two new markets, the Netherlands and Austria.