Manchester-based The Hut Group has increased its bank borrowing to $1bn (about £766m) and welcomed Shanghai Pudong Development Bank as an investor to support “major investments in beauty, technology and infrastructure”.
Fast Retailing’s giant Uniqlo chain seems to be continuing its return to form with its latest set of monthly sales figures showing another upturn as the mild weather ignited interest in spring fashion.
Billionaire Philip Day is now in control of struggling Bonmarché after buying a 52% stake in the distressed retailer. The Peacocks and Jaeger owner will launch a bid for the remaining 48%, along with a business review.
The Ohio-based department store operator announced on Monday that it has appointed Dennis Mullahy to the position of chief supply chain officer, a newly created role at the retailer, currently undergoing restructuring.
In a call with investors at the end of last month, Carlos Alberini laid out his strategy for Guess, revealing plans to accelerate the brand's denim business, as well as its accessories line and Marciano.
Come fly with me, suggests Louis Vuitton, the French luxury house, which will stage its cruise 2020 runway show inside the TWA Flight Center, a legendary example of neo-futurist architecture, in New York on May 8.
Katarzyna Niemirowicz, currently global sales manager at & Other Stories, will become H&M’s new country manager for Spain and Portugal, taking over from Ralf Wein who has been appointed country manager for France.
Superdry co-founder Julian Dunkerton’s claim that he’s winning City support for his comeback bid seemed to have some justification on Monday as it was revealed that two large shareholders are backing his move.