Esprit this week revealed it has a “series of exciting developments in the pipeline”. With a new product chief, it’s “set to launch new capsule collections drawing on its rich history and brand heritage”.
Charlotte Tilbury saw rising sales during the height of the pandemic in 2020 with online accounting for two-thirds of transactions and the company able to repay £3.2 million of furlough cash, accounts just filed show.
It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Chinese company Tencent will pay out a $16.4 billion dividend by distributing most of its JD.com stake, weakening its ties to the e-commerce firm and raising questions about its plans for other holdings.
Barbour’s latest year saw revenues plunging, its newly-filed accounts showed on Thursday. But there was good news as the firm is profitable and said its performance showed the “strength and resilience” of its brands
NewRiver has been busy selling off some of its shopping centre interests. The London-based real estate investment trust has sold Poole Retail Park in Dorset and Templars Square Shopping Centre in Cowley, Oxfordshire.
Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.