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Allbirds has entered into a definitive agreement to sell its intellectual property and certain related assets to American Exchange Group in a transaction valued at approximately $39 million. Read More
Jewellery brand Pandora is strengthening its Canadian operations with the opening of a new online distribution centre in Mississauga, Ontario. Read More
Chanel is expanding the reach of its Métiers d’art initiative with a new cultural program presented by le19M at the Museum of Art Pudong in Shanghai, running from September 25 through November 15. Read More
Goat Group announced on Tuesday the launch of a new platform, Sneakers.com, designed to be a one-stop shop for purveyors of sneakers at an affordable price. Read More
Shares in LVMH have had their worst start to a year on record, as the impact of war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods. Read More
Independent footwear brand, Horatio, has opened a new store at 35 Marshall Street next door to womenswear retailer De La Vali that has signed to make its existing pop-up a permanent addition to the Soho neighbourhood. Read More
The British Fashion Council has this week set out a new stagey that “establishes the BFC as the fashion industry’s incubator, shifting from promotion to practical, sustained support”. Read More
Dr Martens has seen some major leadership changes in recent periods and its latest move sees it making an internal promotion to the new role of UK general manager. Read More
This autumn, Inditex’s youth-focused brand will open at 126 Rue de Rivoli, in the building that once housed C&A’s Paris flagship store. It will occupy more than 1,000 square metres. Read More
L’Oréal acquires Kering Beauté, sealing a 50-year partnership covering the Balenciaga, Bottega Veneta, and Gucci licences, in a major strategic move poised to cement its position in luxury and Beauty Tech. Read More