Alibaba Group Holding Ltd will kick off its mega-shopping extravaganza "Singles Day" early this year, a move that will likely see a big jump in its sales as the easing of China's pandemic drives an economic rebound.
South African retailer TFG said it has concluded the agreement to buy select assets of budget clothes retailer Jet from the administrators of rival Edcon and expects to meet all conditions by the end of September.
The group is set to buy 371 stores and selected assets of Jet for 480 million rand ($28.7 million) from Edcon’s administrators, allowing the South African retailer to expand into the budget apparel market.
Pantone has released a new colour forecast for AW20 linked to the opening of London Fashion Week and the colour specialist is predicting “creatively conscious" tones that are all about an “optimistic sense of purpose”.
Made in celebration of the release of the 25th James Bond film 'No Time To Die', the capsule will include a total of three pieces, including the Bond Carryall, Bond Duffel, and the Bond Bancroft satchel.
The house of Azzaro has appointed Olivier Theyskens to be its new Artistic Director, in a surprise move sure to receive an enthusiastic response as he is regarded as one of the industry’s most naturally gifted designers.