French luxury label Chanel on Thursday raised a 600 million euro bond with clauses linked to its environmental goals, as firms in a sector under scrutiny from waste-conscious shoppers ratchet up green initiatives.
UK finance minister Rishi Sunak on Thursday unveiled fresh plans to help the pandemic-hit economy with a jobs support scheme to help people employed on shorter hours, but warned he could not save every business or role.
Temperley has been through some tough times in recent years and experienced a "significant downturn" in trading due to the impact of Covid-19 this year. But a new positioning and strategy is key to its fightback.
Net-A-Porter has unveiled the latest set of labels to join The Vanguard, its global programme for emerging designer talent. They include JiaJia and Artclub, both new and exclusive to the site, as well as Minjukim.
The new international edition makes its debut with its first print issue, published in the English language, digital platforms and a 360-degree digital experience, marking the 27th edition of Vogue globally.
Visitor traffic to retail destinations rose in the latest week, up 2.4% compared to the week before. But that wasn't the good news it might have been as the previous week had seen a footfall drop of 6.3%.
A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying to back out of its $16 billion deal to acquire the U.S. jeweler.
Zalando shoppers in Germany and Spain can now buy and trade-in pre-owned fashion directly on the platform with Belgium, France, the Netherlands and Poland to follow next month, the company said on Monday.
The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.