Tag: retail

ANTA Sports Acquires 29.06% Stake in Puma for โ‚ฌ1.5bn

ANTA Sports has finalized an agreement to acquire a 29.06% stake in Puma from Groupe Artรฉmis, the investment firm of the Pinault family, in...

UK Fashion Brands Thrive Amid Economic Challenges: Report

New data reveals that UK consumers continue to prioritize fashion spending despite ongoing economic pressures, with brands that focus on value and responsiveness well-positioned...

Carrefour Introduces Clear Fashion App for Clothing Labels

Carrefour is initiating a project that employs the Clear Fashion app to improve transparency in clothing sales. This effort aligns with a nationwide initiative...

Next To Acquire Russell & Bromley for ยฃ2.5 Million

UK clothing retailer Next has officially announced its acquisition of the heritage footwear brand Russell & Bromley for ยฃ2.5 million ($3.35 million). The company...

UK Fashion Spending Remains Strong Amid Economic Pressures

Despite ongoing economic difficulties, UK fashion spending remains a priority for consumers, with value-driven and responsive brands emerging as the top performers. Insights from...

Saks Global Accesses $500M Funding Amid Bankruptcy Process

Saks Global Enterprises LLC, a key player in the luxury retail industry, has announced that it has secured access to an initial $500 million...

Brunello Cucinelli Reports Record Revenue for FY25

Italian luxury fashion brand Brunello Cucinelli has wrapped up fiscal year 2025 (FY25) with remarkable achievements, reporting a preliminary record revenue of โ‚ฌ1,407.7 million...

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