Following the earlier sale of Poundland, Pepco has now sold the Dealz Poland business to an unnamed buyer (described as “a specialist European retail investor”). But reports said it’s Modella Capital. Read More
Pop-ups are proliferating in France. From Octobre Éditions to Momotaro Jeans, with Damson Madder, Bourrienne Paris X, and Clio Peppiatt along the way, here is a selection of five stand-out openings. Read More
Renzo Rosso’s holding company, which controls labels like Diesel and Marni, had taken a majority stake in the French luxury label in 2008, subsequently increasing it to 70% in 2019 and now to 100%. Read More
Spanish fashion giant Inditex’s net profit rose by 5.4% between February and April, with sales of €8.75 billion. At constant exchange rates, revenue grew by 8.8%. Read More
Dubai-based fashion and lifestyle retailer Apparel Group is considering an initial public offering for its Indian unit in Mumbai, according to people familiar with the matter. Read More
The brothers behind athleisure brand Aybl are being taken to court by their co-founder with The Times reporting accusations and counter accusations between Lewis Morgan and Reiss and Kristian Edgerton. Read More
Innovation Days by Fit Retail are returning to Paris for a new edition. Hosted at Wellio Paris Saint-Lazare, the event will bring together experts, decision-makers and professionals for a day of conference sessions. Read More
France’s consumer watchdog has imposed two fines on Shein. The authority has identified shortcomings in product traceability, environmental information, cooling-off periods, and delivery times. Read More
In his new role, the former Marc O’Polo COO will assume responsibility for all areas of the Marc Cain business. Helmut Schlotterer will remain chairman of the board and will support Spethmann during his induction. Read More
Online flash sales retailer BrandAlley has been acquired out of administration in a pre-pack deal with its new owner being BrandAlley International Ltd, an “unconnected company”. Read More
