Swedish fashion e-tailer NA-KD is planning to boost its global expansion after a funding round saw it raising $45 million. This will now be used to help it grow in the UK, US and major European markets
On 11 January, Dutch department store chain de Bijenkorf announced that it is closing its Woerden-based distribution center. De Bijenkorf plans to merge and outsource all distribution activities to a new partner in 2019.
Mothercare’s recovery has continued to falter since it released its half-year results a few months ago and on Monday it revealed ongoing tough times for the business over the Christmas period as even e-tail fell.