Kin continued to drive John Lewis womenswear sales up in the last seven days as the firm's own label proved a popular pick for customers and underlined the wisdom of its new strategy that is very focused on own-brands.
Hammerson announced it is trimming its exposure to department stores and high street fashion retailers in a strategy update unveiled on Tuesday, as pre-tax profits plunged by 80% in the first half of the year.
Fast Retailing has taken a minority interest in Lemaire, the brand established by Christophe Lemaire and Sarah-Linh Tran, and is deepening the Uniqlo link with the man who is artistic director at its Paris R&D Centre.
Petra Diamonds Ltd forecast lower-than-estimated production for 2019 after reporting 2018 output at the bottom end of its previously guided range, sending its shares down more than 8 percent on Monday.
Nike Inc said on Monday it would raise wages for about 7,500 employees, two months after the sportswear maker concluded a probe into workplace behaviour that resulted in the departure of a number of top executives.