Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
American apparel and accessories brand True Religion announced on Monday an exclusive licensing agreement with Concept One Accessories and Capelli/Ballet, divisions of GMA Group.
Snap Inc expects to miss its quarterly revenue targets, the company said in a filing on Monday, and will slow hiring for this year, Chief Executive Evan Spiegel told employees.
British sportswear company Castore is clearly a business on a mission — to reach out to as many consumers as possible by links with the specific sports they love. And its latest deal is with 24 Hours of Le Mans.
Through the Bold venture capital fund, L’Oréal has bought a minority stake in Sparty, a Japanese start-up specialising in personalised beauty products.
Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
The owners of Fat Face are believed to have taken on bankers to advise it about a sale of the UK-based clothing and accessories retailer.
Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
The process to take over Ted Baker is continuing with the UK retailer on Monday announcing that it has selected a preferred bidder. But it didn’t say who that is.
High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”.
Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment.
The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company.
Foot Locker announced on Friday revenues for the first quarter inched forward 1%, partially offset by a 2% decline in comparable sales, as the footwear retailer recorded a dip in profits for the three months.
UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
