Next has taken a giant new step forward in its business development with its first two premium beauty halls. The new stores have opened in former Debenhams sites at Intu Watford and Intu Milton Keynes.
The storied French crystal maker Baccarat has been placed in administration by a court trying to determine if its Chinese owner will be able to raise emergency funds as sales tumble, the company said Tuesday.
Home furnishings retailer Dunelm said on Thursday it was eligible to access funds under the government's Covid Corporate Financing Facility, as it drew down all available credit to see it through the coronavirus crisis.
LVMH has denied planning to buy Tiffany shares on the open market, contradicting market rumors stating that they were about to do exactly that, after the US jeweler's stock price fell on the New York Stock Exchange.
Next may have seen full-price sales falling in its physical shops in recent months, but its online strength carried it through and its sales are ahead for the year to date, for Q4 and for the Christmas period.