The UK's business secretary, has pledged support for those affected by the Arcadia administration filing. He didn’t mention Debenhams, but it's to be assumed there will also be support for those hurt by its failure.
Supermarkets giant Tesco said on Wednesday that it’s repaying the £585 million worth of business rates relief it received from the government as part of the retailer support offered during lockdowns this year.
The New York-based fragrance company announced its financial guidance for fiscal 2021 on Tuesday, revealing hopes for a 49.1% year-over-year increase in diluted earnings per share after a difficult 2020.
Off-White c/o Virgil Abloh has unveiled a custom-made iteration of its classic 2.8 Jitney handbag, in support of Bid for the Louvre, a funding project featuring many luxury brands being organized by Christie’s.
Balmain has appointed Tancrède de Lalun to be group director of merchandising at the Paris house. A graduate of the Institut Français de la Mode, de Lalun has lengthy experience in merchandising and luxury goods.
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