The Spanish fashion marketplace led by Rafa Blanc and Blanca Miró has completed its second funding round, as it seeks to automate its operations and increase the number of designers in its catalogue from 120 to 1,000.
Italy's Salvatore Ferragamo said on Tuesday its retail sales in July and August were close to pre-coronavirus levels, after returning to operating profit in the first half of 2021 from a pandemic-driven loss last year.
Fresh from news of its link up with Secret Sales, on Tuesday Ted Baker issued a Q2 trading update and said that sales have been in line with expectations and it's seen a “significant improvement” in the full-price mix.
Jigsaw is the target of a potential £27 million takeover bid. The women’s fashion retailer, owned by parent company Robinson Webster, has received the indicative offer from little-known investor Henrik Madsen.
Asda has issued its first trading statement for a full quarter since it was taken over and also revealed that two more executives have quit. The news comes as it dives deeper into fashion with a new Missguided link-up
Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against India's financial crime-fighting agency, which has accused him and others of violation of foreign investment laws.
The DTC glasses specialist is taking its first step into physical retail through a collaboration with the regional supermarket chain, which will see the brand open kiosks in select Hy-Vee locations across the Midwest.