Actual News 247

Bolstered by VF Corp’s strategy, the skate brand could steadily regain momentum after a collapse in performance that began in 2022, thanks to greater agility and renewed desirability. Read More

This new player is entering the product compliance and certification sector with a proprietary, AI-driven solution for consumer goods, including cosmetics. Read More

Chinese consumers are showing signs of a renewed appetite for high-end beauty and fashion products, a rare bright spot for global luxury brands after years of weak demand and margin-eroding discounts. Read More

Genesco on Friday reported a 3% uptick in sales to $487 million for the first quarter, with the U.S.-based footwear firm logging growth across its entire portfolio excluding British retailer, Schuh. Read More

Burberry’s turnaround chief executive Joshua Schulman is being paid over £4 million annually, up 55% year-on-year, according to the luxury brand’s latest annual report. Read More

Zara is expanding its collaboration line-up with a multi-season partnership with Caramel London, the London label founded by Eva Karayiannis. The collaboration will launch with a childrenswear and womenswear collection. Read More

Luxury department store Selfridges is looking to restructure its head office teams as part of a wider process that could affect 2% of its 3,100-strong workforce, reports claim. Read More

​As Harrods continues to be one of the key locations for brands seeking to expand in London’s luxury retail sector and as Ōura works to grow its retail presence, it makes sense that the two have come together. Read More

Rainer Fink will take over as head of B2B business Peak Performance in Central Europe on July 1. He succeeds Martin Gaffal, who is leaving the Swedish mountain sports brand to focus on growing his own company. Read More

​Frasers Group continues to expand outside of its core UK market and has opened its first Sports Direct flagship store in the Nordics with a new location in Helsinki. Read More