Prada S.p.A. and Capri Holdings Limited have entered into a definitive agreement regarding the purchase of 100% of Versace by the Milan-based fashion group
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director
The UK-based sportswear retailer has reported a solid fourth quarter and full year performance in its latest trading update. However, it is cautious about the actual impact of tariffs in the current year
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
The British sportswear retailer has reported “another year of record revenue and profit” in the fiscal year 2025, as it continues its digital-first strategy and ongoing store expansion
The British footwear retailer Schuh has teamed up with waste design studio Are You Mad to transform its post-consumer waste into usable and creative objects for its store fixtures
The UK retail sector has lost nearly a quarter of a million jobs over the past five years, according to the latest data from the Office for National Statistics (ONS), highlighting the sector’s ongoing struggles
The UK-based footwear retailer has launched a revamped app designed to improve the online shopping experience. The move is part of the expansion of its omnichannel strategy
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy
Explore the main retail trends in France, Germany, Japan, the Netherlands, the UK, the US and Spain from our Retail Flash reports, highlighting volatility in 2024 and mixed consumer and retailer sentiment. In particular, new tariffs on key trading partners could put pressure on US footwear prices, Germany’s online sector continues to expand and Japan faces rising inflation
The UK-based luxury label has named Charlotte Baldwin as Chief Information Officer, effective from the end of March. She will be responsible for leading Burberry’s global technology team
The US-based company has entered into a definitive agreement to acquire the Kurt Geiger brand from Cinven for approximately 289 million British pounds (about 361 million USD)
The fashion designer is buying back LVMH’s minority stake in the house she founded, but will continue to advise the group on sustainability issues, the two companies announced
The iconic British footwear company has reported a solid performance in its third quarter trading update, highlighting the progress it is making in the US. Full year outlook remains unchanged
The UK-based fashion retailer, owned by Associated British Foods, has lowered its full year outlook, after a first quarter sales decline in the UK and Ireland, which accounted for around 45% of its total sales