Switzerland's major luxury watch brands are cautiously optimistic that Chinese tourists will boost sales this year, if they return to Europe in large numbers after the easing of domestic Covid restrictions.

​In a UK first, Danish brand Wheat has launched exclusively via clothing rental platform thelittleloop, “bringing a new level of style and sustainability to the children's clothing market for parents in the UK”.

​It’s been a busy commercial March for London Lions. Fresh from a varsity jacket collaboration with fashion label Beautiful Struggles, the pro basketball team also has a new principal partner, StockX.

The Italian fashion group has promoted Khoa Nguyen, Aeffe USA’s senior vice-president, to the post of president. He succeeds Michelle Stein, who has been in charge of the US market for 40 years.

​Cornish fashion and lifestyle brand Seasalt is building on the sustainability partnership it entered with Reskinned in February and on Friday announced its entry into the resale arena more quickly than expected.

Seraphine’s time as a listed company is nearly over. It said Friday that the Bidco subsidiary of its majority owner has received acceptances for its buyout offer adding up to almost 96% of the shares. 

Consumers in the US remain invested in eco-conscious practices, according to a survey from Blue Yonder, a digital supply chain company.

​Esprit Holdings has released its results for 2022 and as previously flagged, the company made a loss. In fact, its operating loss was HK$642 million compared to a profit of $416 million a year earlier. 

​Around 25% of people in the UK have no pre-owned items in their wardrobes, according to a new study, although while that might be bad news from one angle, it also means that 75% are already switched on to pre-owned

​M&S has introduced a new curation it says will help its customers “build a timeless wardrobe by getting behind its range of elevated staples with the launch of M&S Icons”.

With Bollywood stars and Indian aristocracy sitting front row, Dior staged its latest show before the famed Gateway of India, a collection that celebrated Mumbai’s great métier d’art – intensely unique embroidery. 

Poland's biggest e-commerce platform Allegro said it expects core earnings to rise in the first quarter as it focuses on cost control, sending its shares up as much as 15% on Thursday.

Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown.

Primark's 26,000 retail assistants in Britain are to get an inflation-beating average pay rise of 12% from April 1, the fashion retailer said on Thursday.

There’s been a lot of change at New Look lately with the company confirming a week ago that it would make job cuts at its HQ. And the firm’s technology chief is departing imminently after resigning in January.

Up-for-sale WGSN could have a new owner before the end of April. That’s the news from UK-based specialist information and analytics owner Ascential that earlier decided to offload the UK-based business in January.