Boohoo on Monday confirmed that it has bought the Debenhams brand for £55m. It will use it to move into beauty and homewares, extend its own brand offering, operate a giant online marketplace and grow internationally.
The Milan Fashion Week ended on a note both optimistic and a tad zany, the collections by Dima Leu, Magliano, A-Cold-Wall*, JieDa and Les Hommes swinging between chic minimalism and cheerful creativity.
Following a “genuine disaster”, the Spanish Textile Trade Association is not optimistic about its January sales as shoppers remain reluctant to buy clothes, fearing that they will not have the chance to wear them.
The Lehi, Utah-based boutique marketplace for womenswear, accessories, home decor and children’s fashion announced on Tuesday that it has received a $40 million growth investment from Tritium Partners.
H&M Group has soft-launched an interesting new venture with Singular Society, a first-of-its-kind members brand that gives those who sign up “access to uncompromised life essentials at the price they cost to make”.
As non-essential shops in England open on Wednesday after the latest lockdown, Cath Kidston is making it an even more momentous occasion as the company is returning to London with the reopening of its global flagship.
IKEA's Ingka Investments is in talks to buy commercial property in prime locations in several big European cities after it finalised its first-ever such acquisition last month, its managing director said.
Lomax will lead the brand's global design strategy, provide creative direction across all areas of the business and will be responsible for defining and strengthening all product categories, among other responsibilities.
While the art market has endured the successive cancellation of major contemporary art fairs, Salon Art + Design is launching a luxurious magazine in lieu of holding its ninth edition live in New York.
As many global consumers continue to be confined to their homes and want to make those environments as comfortable as possible, H&M’s Home unit has announced a collab with US fashion designer Diane von Fürstenberg.
UK supermarket giant Sainsbury’s had mixed news to deliver Thursday with only some of it positive. Negative headlines included major job losses, Argos store closures and in-store clothing sales hit hard by the pandemic.
The Laura Ashley banner is set to return to the UK high street next year in a surprise new partnership with Next. But before its fashion followers raise a cheer, the deal doesn’t include the brand’s clothing.