Barbour’s latest year saw revenues plunging, its newly-filed accounts showed on Thursday. But there was good news as the firm is profitable and said its performance showed the “strength and resilience” of its brands
Crocs Inc said on Thursday it would buy privately owned footwear label Heydude for $2.5 billion, as the rubber clogs maker looks to cash in on the pandemic-led surge in demand for casual shoes.
NewRiver has been busy selling off some of its shopping centre interests. The London-based real estate investment trust has sold Poole Retail Park in Dorset and Templars Square Shopping Centre in Cowley, Oxfordshire.
UK health and beauty supplier Healthpoint has been sold to Dutch company Dayes for an undisclosed sum. The move sees private equity firm Maven Capital Partners exiting the business after five years.
Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.
UK eyewear specialist Inspecs is continuing its acquisitions strategy with the firm on Thursday saying it has bought Sweden-based Ego Eyewear Limited.
Sales at Stella McCartney fell to £28.4m from £38.6m as the pandemic hit last year. And it saw a pre-tax loss bigger than its sales at £31.4m. But 2020 was also a year of renewal and it said 2021 sales are recovering.
Three thousand and growing. That’s the number of InPost locker locations now available to UK consumers to collect, send, and return parcels after the addition of a trio of major name retailers.
Speculation has resurfaced that THG (formerly The Hut Group) could be taken private again by its founder with the firm’s battered share price rising as investors buy in hopes of a privately-backed buyout.
Landsec has acquired an extra 25% stake in the giant Bluewater mall in Kent, buying out Lendlease Retail Partnership for £172 million.
Nordstrom has reportedly hired consulting firm AlixPartners to explore a spinoff of its off-price Rack business.
German consumer goods firm Beiersdorf announced on Tuesday an agreement to acquire prestige beauty company Chantecaille Beaute Inc., USA.
The rapper, producer and entrepreneur has reclaimed ownership of the lifestyle brand he founded in the late 90s with a $7.55 million bid at a bankruptcy auction held by Global Brands Group.
The American footwear brand has announced that it has transitioned from its third-party distributor model in the Philippines and has set up a subsidiary through which it will manage its operations in the country.
Shares in Italian luxury menswear group Zegna rose on their New York market debut on Monday, after the company completed a merger with a U.S. blank check company in a deal with an enterprise value of $3.1 billion.
