Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an undisclosed sum.

​Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.

​Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.

​Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".

Skechers U.S.A. Inc. announced on Thursday record quarterly sales of $1.88 billion for the fourth quarter, capping off a year of strong growth for the footwear brand, with annual sales up 18%. 

Fashion retailer PrettyLittleThing has signed a deal to open new London West End offices and showrooms. The Boohoo Group-owned brand is to take 4,375 sq ft space on Great Portland Street.

This past week in Paris, Brazil’s most important luxury retailer Iguatemi feted its rebound from the pandemic, as its CEO Cristina Betts explained its M&A plans and predicted double continued digit growth in 2023.

Global Fashion Group has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business and five years of co-leadership.

The Karl Lagerfeld brand is celebrating Disney's 100-year anniversary with a capsule collection featuring the eponymous late designer's infamous sketch of Donald Duck.

​There have been persistent rumours that founder and CEO Julian Dunkerton is planning to take Superdry private, but on Thursday he poured cold water on the speculation.

That was quick. One day after naming Jenna Ortega as the face of a soon-to-launch new brand, Adidas has unveiled the label. And it’s significant that it’s more athleisure than active sports

Prada hit something of a low just a few years ago due to the pandemic. But its impressive recovery was underlined on Thursday as the latest instalment of the Lyst Index showed it as the hottest brand in the world.

Formula E and New Era announced on Thursday a multi-year global licensing deal for a range of fan headwear products with New Era supplying the official podium cap for the motorsport.

​In another sign that repair is one of the key trends for 2023, YNAP said its in-season and off-price e-tailers Net-A-Porter, Mr Porter and The Outnet are launching their first dedicated customer care & repair offers.

Silverburn is in for a busy 2023. Glasgow’s newest shopping centre has agreed new leases, upgrades and upscaling for existing tenancies -- including Next, Victoria’s Secret, Sunglasses Hut, Hobbs and The Body Shop. 

​Jenna Ortega’s is not only the newest brand ambassador for Adidas but she's been signed up to front a soon-to-be-revealed new label for the sports giant.