Who is HLD, future owner of French label Ba&sh? Translated by Nicola Mira Investment firm HLD is about to buy for an undisclosed sum, after entering into exclusive negotiations, a majority stake in Parisian label Ba&shBarbaraSharon Jean-Bernard Lafonta – HLD HLD…
Foot Locker shares stumble as 2022 forecast hit by Nike’s shift By Reuters Shares of Foot LockerNike Foot Locker Nike will account for about 60% of total purchases for 2022, down from 70% in the past year and 75% in…
Superdry equity issue raises the cash the company targeted The news is coming thick and fast from retailer Superdry Superdry The headline news here is that the business raised the money it wanted to. It announced the “successful completion” of the…
Ebay forecasts bleak quarter as online shopping frenzy wanes By Reuters Ebay Inc on Wednesday forecast bleak first-quarter results, as the e-commerce platform tackles waning online demand, stiff competition and global supply chain disruptions, sending the company’s shares down nearly…
Macy’s shortens store hours as Covid-19 cases surge By Reuters Macy’s The United States reported almost a million new coronavirus infections on Monday, with the fast-spreading Omicron variant estimated to account for 95.4% of cases as of Jan. 1. –…
Sycamore makes £250m bid for Ted Baker – report US private equity group Sycamore Partners has reportedly made a concrete offer for Ted Baker Reuters That’s according to Sky News, which said Sycamore has launched a 130p per share offer,…
Bangladeshi garment industry back to pre-pandemic levels Translated by Nicola Mira Bangladeshi apparel exports were worth $35.8 billion in 2021 (€33.05 billion). This was equivalent to a 30% increase over fiscal 2020, a year that was severely affected by lockdowns…
Canada’s OSF Digital acquires FitForCommerce OSF Digital has acquired FitForCommerce, which the provider of digital transformation services said will operate as its commerce strategy consulting arm. Terms of the deal were not disclosed. The Quebec City-based OSF Digital said the acquisition supports the…
ASOS agrees timetable for Mat Dunn exit ASOS has announced the timetable for its COO and CFO Mat Dunnn — who also stood in as interim leader of the business after Nick Beighton ASOS Dunn will “continue in his role…
Uniqlo introduces ‘Buy With Purpose’ feature to give back Uniqlo The new program is one of Uniqlo’s latest efforts to extend its LifeWear philosophy of making good clothing that is made for all to also making a better planet and…
