Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
The German sportswear company has expanded its partnership with the international esports organization, becoming its official global apparel partner, including for its North America professional teams and creators.
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Snap Inc on Thursday beat analysts' estimates for both user and quarterly revenue growth and notched the highest growth rates since late 2017, as new features on its messaging app Snapchat attracted more users.
Sporting goods distribution giant Decathlon is joining the club of partners as part of the organisation of the Paris Olympics 2024. As part of this, Decathlon will dress 45,000 volunteers during the event.
The American lifestyle and performance footwear company reported second-quarter sales of $1.66 billion on Thursday, reflecting strong progress achieved by capitalizing on a growing desire for comfortable shoes.
The Colorado-based footwear maker reported record Q2 revenues of $640.8 million on Thursday, a year-over-year increase of 93.3%, and revealed a new goal to become a net zero emissions company within the next decade.
In what looks to be a strong fit, retail giant JD Sports Fashion has made a multi-million-pound investment in UK performance wear/althleisure retailer Gym King, taking a “significant” minority stake in the firm.