M&S boosts support for men’s formalwear category
Last autumn, M&S launched its first dedicated menswear campaign in eight years and now the retailer is boosting the category further, particularly in the formalwear area. M&S That’s may be…
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Nike signs deal for major new UK logistics hub at Corby
Nike is huge in the UK but clearly has even bigger ambitions if its latest behind-the-scenes move is any guide. It’s to open a new state-of-the-art UK Logistics Campus and…
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Maison Lejaby taken over by a Franco-Indonesian partnership
Maison Lejaby is changing hands. The French company specialising in premium lingerie was placed in receivership on January 2. While its owner since 2019, Thierry Le Guénic, had announced in…
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Federer-backed On boosts forecast after sneaker demand rises
By Bloomberg Published May 14, 2024 Swiss sneaker maker On Holding AG posted strong first-quarter revenue and nudged its sales forecast higher for the year, boosted by demand for its…
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Exclusive-Anglo American explores De Beers IPO as part of break-up, sources say
By Reuters API Published May 14, 2024 Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on…
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Burberry set for worst report this year as brand revival falters
By Bloomberg Published May 14, 2024 Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US…
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Burberry, Barbour, Gieves & Hawkes retain Royal Warrants
The names of the companies operating in Britain that have retained their Royal Warrants following the change of monarch in Britain have finally been published with Burberry, Barbour and Gieves…
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Walgreens contacts potential buyers for £7 billion Boots drugstore chain
By Bloomberg Published May 14, 2024 Walgreens Boots Alliance Inc. is reaching out to potential buyers of the £7 billion ($8.8 billion) Boots drugstore chain in the UK, according to people…
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Chinese e-commerce giants face delicate balance between discounts, profit
By Reuters Published May 14, 2024 Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in…
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Tapestry-Capri judge lets FTC use ‘accessible luxury’ market
By Bloomberg Published May 14, 2024 The federal judge overseeing the Federal Trade Commission’s case to block Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd. rejected a bid…
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