Italy’s biggest make-up supplier Intercos has dusted off plans to list on the Milan stock exchange and is looking to launch its initial public offering in October or November, three sources said on Thursday.
Rising supply chain costs are pushing fashion brands to hike prices but, according to a new report from GlobalData, significant increases could drive customers away as the critical holiday period approaches.
The New York-based fashion group reported a year-over-year increase of 112.5% in its second-quarter sales on Thursday, growth which allowed the company to make significant progress in reducing its net loss.
Luxury sneaker and apparel retailer Kick Game has secured an extra £3.5 million in financing from VGC Partners. The capital injection will go towards the brand’s target to secure revenues of £50 million by 2022.
M&S has unveiled its AW21 collection and unlike previous collection debuts, the offer is big on affordable and stylish comfort and less focused on higher-end star pieces. It comes with a major new campaign.
JD Sports is possibly on the acquisition trail again with a report claiming that it's in talks to buy online fashion retailer Missguided. Neither company has commented however, so it remains unconfirmed for now.