Frasers Group is continuing its deep dive into the luxury sector. On Thursday it announced that it has increased its already-large stake in leather goods company Mulberry and could make an offer for the brand.
N Brown’s half-year showed a “continued recovery and clear opportunity to accelerate [its] profitable growth strategy”, the company said on Thursday. It added that it’s launching a £100m equity fundraising.
Amazon’s Prime Day discount event usually has the ability to deliver some surprises and with the delayed event due to happen on October 13 and 14, there’s a prediction it could be much smaller than in previous years.
Luxury fashion brands in Thailand have turned to selling their products on Japanese chat app Line amid the coronavirus pandemic, tapping the country's growing appetite for social commerce, a top exec said on Thursday.
The JD Williams, Simply Be and Jacamo owner said its challenges have continued in 2020 and on Wednesday, the company updated the market on its six months to the end of August, saying product sales fell more than 20%.