News

French cosmetics giant L’Oreal is in final talks to acquire the South Korean skincare business Gowoonsesang Cosmetics owned by Mibelle Group, a unit of Swiss retailer Migros, said two sources with knowledge of the deal.

Karen Millen has expanded its jewellery licensing agreement with Simon Harrison making a new collection part of its spring/summer 2025 offer now available through its stores, plus Debenhams and Next.

Inspecs Group has announced a pending restructure just 11 days after delivering an unscheduled trading update that signalled 2024 results would fail to live up to the previous year.

​We can add to the fast-growing number of property firms announcing record performances for their retail tenants. Network Rail has released its July-September retail performance figures for its 19 managed UK stations.

London Designer Outlet (LDO) has signed Abaci as its outlet shopping destination of choice to announce the Turkish modest womenswear retailer’s first physical UK store.

Global retailer END. is preparing a breathless celebration for its 20th anniversary. A 2025 year-long series of curated events, activations, collaborations and exclusive, limited-edition releases is being planned.

The Italian omnichannel fashion retailer is broadening its range and opening up to new types of partnership, while revenue for its own label Modes_Garments doubled, as CEO Simon Whitehouse told FashionNetwork.com.

French event sales site Bazarchic has told FashionNetwork.com it has started an information-consultation process with a view to ceasing operations. It was recently looking for a buyer, with no success.

Walmart Inc., the world’s largest retailer, expects to miss short-term climate targets as issues including the availability of low-cost clean technologies slow the task of cutting emissions.

Calvin Klein has confirmed plans to return to New York Fashion Week in February, with the debut collection for the brand by Veronica Leoni, the house revealed on Friday.

Amazon will implement safety measures at all of its US facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other injuries, the agency said on Thursday.

LONDON (Reuters) – British retail tycoon Mike Ashley failed on Friday in his attempt to be appointed to the board of Boohoo after shareholders in the struggling online fast-fashion group voted against the move.

The business climate index in Germany’s retail sector fell slightly in normally consumer spending-heavy December, as retailers assess their situation as somewhat worse than in November, the Ifo Institute said on Friday.

Nike’s new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive’s plan to turn the spotlight on sports like basketball and running, allayed some investor worries.

​Discounter The Original Factory Shop (TOFS) is reportedly “exploring options” after Deloitte earlier failed to find a buyer for it. Teneo is believed to be acting as adviser to its owner as those options are looked at.

Official UK retail sales figures didn’t deliver much festive cheer for the fashion sector on Friday with news that clothing sales dropped last month.

​Reiss has filed its accounts for the year to the end of January 2024 with the company saying it delivered a “strong performance” for the 52 weeks, despite the challenging environment.

Online UK retail revenues have recovered from a tough period in recent months and new figures show they’re building as we get closer to Christmas.

​Super Saturday (21 December) is being widely predicted to be a frenzied affair, it being the final Saturday before Christmas, and a new report said that, combined with this Sunday, £3.04bn will be spent by UK consumers.

It may be too late to do much about marketing for the 2024 festive season but with 2025 plans already forming in retailers’ and brands’ minds, it’s worth noting a new study from eBay.

Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines.

German perfume and cosmetics retailer Douglas forecast higher 2025 sales and earnings on Thursday, citing a good start to the financial year that included the crucial pre-Christmas period.

Located on the city’s High Street Na Příkopě, the 596-meter store houses the brand’s latest lifestyle footwear collections, as well as apparel and accessories.

Luxury fashion house Balenciaga opened on Wednesday its first standalone store in Austin, Texas, located in the mixed-use metropolitan center, The Domain. 

The music selection at a luxury brand store is no mere whim of the sales associates that day; it is often carefully chosen by a team of experts.

Kering Eyewear, and its CEO Roberto Vedovotto, have achieved one of the ultimate business accolades, the company has become a Harvard Business School case study.

Mexico has increased tariffs by as much as 35% on products that could impact its domestic textile industry, the Economy Minister said. 

Two months after leaving Céline, French designer Hedi Slimane is once again sparking speculation. On December 18, a new Instagram account, @hedislimanehomme, surfaced online, only to disappear hours later. 

Bejing-based jeweler, Laopu Gold Co., whose Chinese name translates to “old shop,” is luring shoppers as it outshines market leader Chow Tai Fook Jewellery Group Ltd.

Nike Inc. second-quarter results surpassed analysts’ expectations, giving new Chief Executive Officer Elliott Hill a positive development to tout during his first earnings call.