Actual News 247

​Destination XL Group has unanimously recommended shareholders reject a revised takeover bid from Zodiac Partners, saying the offer continues to undervalue the Big + Tall apparel retailer. Read More

​True Religion has signed a licensing agreement with FGX International, an EssilorLuxottica company. Read More

​Fanatics and Complex have partnered with Major League Baseball and Brooklyn-based artist Kaws to launch a limited-edition collection celebrating the New York Yankees and Los Angeles Dodgers. Read More

In India, scorching temperatures are driving higher employee absences and contributing to productivity losses of as much as 10% for garment manufacturers during the peak summer months, according to a study. Read More

After spending his career scrupulously avoiding being photographed, star Belgian fashion designer Martin Margiela has decided to open up and sell off part of his personal archives. Read More

​Valentino Beauty is bringing a touch of Rome to multiple European cities this month with its Born In Roma Summer Fair Tour, “an immersive experience celebrating the launch of the new Born in Roma Hair & Body Mists”. Read More

​Authentic Brands Group has announced a new long-term partnership with Experience Group for the Lee label across Europe following its acquisition of the brand that should complete in H2 2026. Read More

Tesco, Britain’s biggest food retailer, is exploring a sale of its Central European operations, ⁠the group’s only sizeable business outside the UK and Ireland, the Financial Times reported. Read More

Following their review, the Executive Board and Supervisory Board have concluded that the British group’s offer is inadequate on financial grounds. This assessment is supported by two external fairness opinions. Read More

On Tuesday, the independent company filed for protection with the Paris Commercial Court. The process is intended to shore up its liquidity and attract investors. Read More