Gordon Brothers said it plans to exploit Bench’s heritage as one of the world's first streetwear fashion brands, and will focus on re-establishing its e-commerce and wholesale presence in Europe and North America.
Primark continues to see impressive growth as its store openings widen its reach, dollar exchange rates begin to work in its favour, its Italian debut is declared a success and it expects higher profits.
Superdry continues to progress despite challenging sales in its physical stores. But a focus on e-tail, wholesale, womenswear and other key product extensions means it's staying confident for the year ahead.
Casino shares rose sharply on Wednesday, which traders attributed to Goldman Sachs declaring a stake in the French supermarket retailer and to an upbeat note on the stock from analysts at Deutsche Bank.
Hudson’s Bay has agreed to sell about half of its European business to Austria’s Signa Holding in a deal that will bring together two major German department store chains, according to media reports on Wednesday.
The company announced that Future Lifestyle Fashions Limited has agreed to subscribe for up to a 29.9% stake in Koovs in a ‘transformational’ deal that will help it raise cash and reach more customers.