Marks and Spencer Group PLC (LON:MKS) rose 1 percent to 135.6 pence on Wednesday after the retailer announced the addition of Joules (LON:JOUL), Phase Eight, Hobbs, and Seasalt brands to their physical and online stores. The market nods thus to the company’s effort to bolster sales. “We have set out […]

Joe Biden’s inauguration as the 46th President of the United States was full with symbolism. The sartorial choices of President Biden, first lady Dr. Jill Biden, Vice President Kamala Harris and second gentleman Douglas Emhoff have been seen by experts as a renewed commitment to those brands that are […]

U.S. based CCS, a direct-to-consumer digital brand and e-commerce retailer of streetwear and skateboard equipment, has secured new funding from Cohere Capital, a private equity firm focused on mid-market tech-enabled companies. “CCS is at an exciting inflection point as we continue to expand our product […]

Hunter Boot Limited witnessed an 88 percent increase in ecommerce sales in the last quarter of 2020 and 100 percent increase in brand interest and search. The company said in a statement that Hunter saw unprecedented demand for its rubber rain boots in the fourth quarter, with the iconic Original Tall […]

White Stuff has reportedly called in advisors to conduct a review of its 115-store estate amid a challenging trading environment. The British fashion and lifestyle brand has appointed PHD Property to run the review as it explores a number of options going forward, Property Week reports. “In light of […]

Sneaker and apparel platform Goat has secured a strategic investment from Groupe Artemis, the holding company founded by Kering boss François-Henri Pinault. The amount of the investment was not disclosed, but Goat said it will use it to support its continued expansion in fashion apparel and new categories. […]

Luxury footwear designer Jimmy Choo has announced that he is launching a new fashion academy in London to offer a “fresh and transformative take on fashion higher education”. Located in London’s Mayfair, the JCA | London Fashion Academy will offer the next generation of fashion design talent courses […]

Mike Ashley’s Frasers Group has upped its stake in German label Hugo Boss in its latest move to reposition itself in a more upmarket segment. The group announced Wednesday that it’s increased its stake in the label to 15.2 percent through stocks and derivatives, up from the 5.1 percent stake it acquired […]

Administrators of Arcadia are reportedly set to permanently close 31 of the group’s stores by the end of January, resulting in some 714 redundancies. The closing stores include the entire 21-strong store estate of Arcadia’s Outfit brand, The Times reports. Arcadia called in administrators from Deloitte […]

China-economy-Alibaba-technology Alibaba's shares surge as Jack Ma reappears ATTENTION - RECASTS with share price surge in HK trade /// Beijing, Jan, 2021 (AFP) - Shares in internet giant Alibaba soared more than eight percent Wednesday after billionaire founder Jack Ma made his first public appearance […]

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