Q1 delivered good news for UK value retailer Matalan as it bounced back from a revenue dip in the last financial year and proved that the full-price strategy behind that earlier fall is really starting to pay off.
There’s a lot of contradictory data coming out of the UK at the moment but one thing is clear, while some stores are prospering, others are finding this spring/summer a struggle with fashion sales dropping last month.
J&F Investimentos SA has ended talks to sell a controlling stake in Havaianas flip flop maker Alpargatas SA to the investment firms of Brazil's most prominent banking clans because of differences over price.
Mulberry has added another joint venture (JV) in Asia with news that it has signed an agreement with existing license partner Onward Global Fashion to form a 50:50 JV company to operate its business in Japan.
The outdoor clothing company has successfully completed a financial restructuring deal, reducing its debt by 225 million euros. As part of the deal, a group of lenders will become its new majority owners.
According to the Spanish business newspaper Expansión, the venture capital firms KKR, Permira, Bain and BC are in the final stages of negotiation to purchase the wedding label for a sum of more than 300 million euros.