The Princes Mead Shopping Centre in Farnborough, Hampshire, is up for sale at a discounted price tag of £17 million, according to Property Week. In 2011, Knight Frank Investors bought the centre for £26.3 million.
Luxury giant Kering had good news on Thursday, reporting “sharp” annual revenue growth year-on-year and a double-digit rise compared to 2019. Gucci, Saint Laurent, Bottega Veneta and Balenciaga all powered ahead.
China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to sources and an analysis of filings by the online fast-fashion retailer.
When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shoppers are willing to pay higher price tags.
The BFC has revealed the shortlisted designers for the BFC/Vogue Designer Fashion Fund 2022. They are Chopova Lowena, Completedworks, ELV Denim, Neous, Nicholas Daley, Richard Malone, Richard Quinn and Tove.
Mytheresa had another good ‘golden quarter’ (its fiscal Q2) with the luxury fashion e-tailer saying on Wednesday that it saw strong general merchandise value (GMV) growth of 26.2% as it also increased its guidance.
Next and Boohoo Group are making major moves in the own-brand affordable beauty arena and that makes good commercial sense, GlobalData said this week, as it predicted the online market will be worth £6.6bn by 2025.
Joe Browns is flying after a “cracker” of a sales performance for the Christmas and AW21 season. And the fashion/lifestyle retailer says the results bode well for it “to meet our £100 million sales ambition by 2026”.