The start-up, active in the resale market with tools that create a bridge between brands and resale sites, has attracted investment from the Ventech China and Bombyx funds, as well as duty-free retail giant Global Blue.
Struggling retailer Joules' £15 million lifeline investment from Next is now in doubt. Hopes of securing backing from the high street retail giant have hit a stumbling block after Joules issued a profit warning.
Whoever becomes UK prime minister next month, their 'to-do' list just got longer. Key London business leaders are asking candidates Liz Truss and Rishi Sunak for change to “deliver growth to the capital".
Sante + Wade has signed an exclusive licensing agreement with retailer French Connection to develop, manufacture and market the latter's women's footwear collections within the UK and Europe for one year.
Gap Inc reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an inventory glut and weak sales of outdated clothes prompted it to withdraw annual forecasts.
Fresh from the revelation that it’s buying a big stake in Yoox Net-A-Porter, Farfetch on Thursday released some less exciting — but still important — news: its results for the three months to the end of June (Q2).