Japan’s department stores saw higher sales in June, welcome news after sales fell in May, the sector’s industry body has said. An increase in April too suggests the sector might be on the recovery trail.
Michael Kors has reached a deal to buy its smaller luxury segment peer Jimmy Choo for almost £900 million, well above the £800 million that was expected. It plans fast expansion and a move into new fashion product areas.
First there was a report that Renzo Rosso's OTB Group had tabled a bid for Belstaff, then came a denial. But whether the bid happened or not, it has shone a powerful spotlight on the UK heritage brand.
American designer brand Thom Browne has recently opened the doors of its London flagship store in Mayfair. Designed by architect Flavio Albanese, the store spreads over 1,500 sq ft of space across two levels