The luxury platform has established a joint venture with the lead provider of e-fulfilment and returns management services to offer a global e-commerce fulfilment solution for luxury brands
According to the UK’s Office for National Statistics (ONS), October retail sales volumes increased for the first time in six months in October 2021, most likely due to early Christmas shopping
The luxury e-commerce platform has announced results for the third quarter of 2021. Revenue increased by 33.1%, reaching 582.6 million US dollars, as compared to the same period of 2020
The UK-based luxury group has announced the results for the first half of fiscal 2022. Revenue returns to pre-pandemic levels, as full-price sales grow at a double-digit percentage
Despite the backdrop of inflation concerns and rising household bills, overall consumer card spending grew by 14.2% in October, compared to the same period in 2019. The latest update comes from Barclaycard
Sportswear group Pentland Brands has set three targets to be reached by 2032, the year marking the group’s 100-year anniversary. These are part of the group's sustainability initiative
Víctor Herrero will now join Australian jewellery group Lovisa. The Melbourne-based group announced the appointment, saying Mr. Herrero would come on board as soon as COVID19 restrictions allowed
The webinar organised by the BFA will present the latest findings from researchers from De Montfort University and will answer questions such as How long can COVID-19 survive on shoe leather? and Is there a risk associated with cardboard shoeboxes?
The retailer of sports, fashion and outdoor brands acquired 80% of Cosmos Sport S.A. (based in Crete, Greece). Cosmos operates 57 stores in Greece and 3 in Cyprus
The fashion luxury group has reported revenue of 1.3 billion US dollars in the second quarter of fiscal 2022, driven by strong performances of its brands Michael Kors, Jimmy Choo and Versace
The BFC’s Institute of Positive Fashion has presented a framework to address the impact of the fashion industry on the planet through linear production models
The luxury e-commerce platform has launched its first private label. Produced with sustainability and longevity in mind, the There Was One line will be exclusively sold on Farfetch.com
Global fashion luxury group Capri announced that Jonathan Akeroyd will be stepping down as Chief Executive Officer of Versace to pursue another opportunity, enabling him to return to the United Kingdom and be closer to his family
As vaccination levels increase and the restrictive measures are lifted the UK retail industry could be on the expectation that solid improvement would be on the way. However, Consumer Confidence has been fading away since July, and Textile, Clothing & Footwear store sales have been on a slide in the last few months. With the supply chain issues impacting the footwear industry and the lorries shortage, this could be a perfect storm for more bad news
Retail footfall in the UK continued to improve in September, narrowing the gap from 2019 to -17.4% from -18.6% in August, countering the downward trend often reported in September