Chanel is the latest luxury fashion house to have stuck a partnership deal with Farfetch, just a week after a deal was inked with Burberry. According to Business of Fashion, the tie-up will see Chanel investing in Farfetch and using the London-based online retailer’s fledgling Augmented Retail programme to deploy its “operating...
Christopher Bailey has marked the end of his tenure at Burberry with a final, rainbow-themed collection unveiled at London Fashion Week over the weekend. Bailey first joined Burberry in 2001 and has since been a driving force behind the brand’s revitalisation and success both as a high street retailer and wholesaler. He...
Ray-Ban and Daniel Wellington are joining the retail line-up on London’s Carnaby Street. Due to open this spring, Ray-Ban’s 850 square foot shop at 23 Carnaby Street will be the eyewear brand’s first European flagship. Meanwhile, Swedish watch brand Daniel Wellington has just opened at 24 Carnaby Street in an 800 square...
VF Corporation’s revenue increased 20 per cent to $3.6 billion (£2.5 billion), boosted by its $247 million (£175 million) contribution of Williamson-Dickie. The parent company of fashion retailers Vans, The North Face and Timbaland said that without the acquisition of Williamson-Dickie, its fourth quarter revenue increased 12 per cent. Sales were driven...
Outgoing Tesco UK and Ireland chief executive Matt Davies is poised to become the chairman of fashion retail group N Brown. According to the Press Association, N Brown – which operates retail chains JD Williams, Simply Be and Jacamo – is expected to make the announcement next week. Davies will be the successor...
Fashion designer Paul Smith is to open a store at the new Coal Drops Yard shopping quarter in London’s King’s Cross as part of its global expansion plans. Due to open in October, the store will be designed by an in-house team to reflect the local surroundings. The company said the shop will...
Budget supermarket Lidl UK has reached a major milestone with the opening of five new stores to take its total number of UK stores to 700. The new shops in Edinburgh, Stockton, Hull, Polegate and Rosehill form part of the supermarket’s accelerated expansion which includes the opening of up to 19...
The Co-op has announced that almost a third of its planned 100 new store openings this year will be located in London, creating around 600 jobs. The grocery and convenience store retailer will invest £28 million on 30 food shops across the capital, including Cricklewood, Paddington and Walthamstow, as part of...
The newly renovated London Bridge railway terminal has just signed on a raft of new retailers that will open at the station in the coming weeks. Cath Kidston and Hamleys will open their doors at the station this month while Mac, Rituals, Ted Baker and The Body Shop will open during...
The parent company of Clintons has revealed plans to sell a 60 per cent stake in the business to a private-equity firm. American Greetings, which is based in the US, confirmed an agreement with Clayton, Dubilier & Rice to acquire a majority ownership stake in the firm. Terms of the deal were...
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