Actual News 247

Luxury jewelry house Bulgari on Thursday announced popstar Dua Lipa as its new global brand ambassador. Read More

​Aritzia has acquired the Fred Segal brand and signed a lease for 8100 Melrose Avenue, the label’s original flagship location in Los Angeles, in a move that advances Aritzia’s long-term U.S. growth strategy. Read More

​Gordon Brothers has taken over the Chinese Laundry brand as part of a deal to help the company wind down its physical operations and sell off its remaining inventory. Read More

Walmart’s new CEO John Furner kicked off his tenure with a conservative outlook for the coming year, reflecting the fragile state of the U.S. consumer, even as the retailing giant posted another quarter of steady sales. Read More

Etsy shares jumped about 10% on Thursday, after the online marketplace sold off its Gen Z-focused fashion resale platform Depop to EBay, with investors looking past dour quarterly results and forecasts.  Read More

Bare Necessities announced on Thursday the appointment of Salima Popatia to the role of president, effective immediately.  Read More

​The UK’s official retail sales figures for January came out on Friday and they showed contained some good news, albeit not exactly a full recovery.  Read More

Far from the glamour of fashion weeks in Paris, Milan, and London, a nondescript cashmere mill on Scotland’s western coast that supplies luxury labels hopes local training programmes can attract new talent. Read More

Higher taxes and inflation are straining household budgets, and shoppers with the least disposable income- who are often drawn to Primark’s budget pricing- are feeling the pinch the most. Read More

Topshop is busy at the moment as the brand unveils a collab with London designer Tolu Coker as well as taking over the Piccadilly Lights to mark its arrival at John Lewis that’s crucial to its relaunch, analysts say. Read More