LVMH and Tiffany have revived talks to try to resuscitate their merger, which has been on shaky ground since late summer, a person close to the talks said Tuesday. Among the options, the companies are discussing possibly lowering the price, so LVMH would pay between 130 to 133 dollars a share for Tiffany, […]

Bvlgari and the University of Oxford’s Jenner Institute have announced the next stage of their pledge to build a pandemic-free future by awarding the inaugural Bvlgari Scholarships. Following the announcement in June of a new philanthropic relationship between Bvlgari and the University of Oxford, Bvlgari […]

British e-tailer Notonthehighstreet is reportedly mulling a 200 million pound sale following surging sales during the pandemic. The retailer, which sells a range of homeware, accessories and baby and child clothing, is working with investment bank Evercore on a potential auction, Sky News reports. City […]

Puma’s sales in the third quarter increased by 13.3 percent currency adjusted and 7.2 percent reported to 1,583.4 million euros. The company said in a statement that supported by additional demand following a weak second quarter, when sales declined 30.7 percent currency adjusted), sales accelerated […]

In a trading update for the 52-week period, Shoe Zone Plc said trading conditions in the second half of the financial year were challenging. The company said in a statement that store trading since reopening in June has been broadly 20 percent down year on year with digital trading broadly 100 percent […]

Full price sales at Next plc in the third quarter were up 2.8 percent against last year, while total sales including markdown sales were up 1.4 percent. The company said in a statement that based on the new central scenario, full year profit before tax, is now forecast at 365 million pounds, 65 million […]

SMCP In the third quarter of 2020, consolidated sales at SMCP, parent company of Sadro, Maje, Claudie Pierlot reached 248.4 million euros, down 10.6 percent on an organic basis. Reported sales were down 9.5 percent, including a negative currency impact of 1 percent mostly in Americas and APAC, while […]

The TJX Companies, Inc. has announced that on October 26, 2020, its board of directors elected C. Kim Goodwin to the board, effective immediately. Goodwin, the company said in a statement, is an experienced financial services professional. Commenting on Goodwin’s appointment, Carol Meyrowitz, Executive […]

HanesBrands’ board of directors has declared a regular quarterly cash dividend of 15 cents per share to be paid December 1, 2020, to stockholders of record at the close of business November 10, 2020. The company said in a statement that declared cash dividend will be the 31st consecutive quarterly return […]

Cath Kidston has revealed a new brand transformation strategy with a focus on digital acceleration and global growth following the completion of its administration process in April. Supported by a renewed investment from owner Baring Private Equity Asia, the new plan sees the British retailer focus […]

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