Actual News 247

Unilever will review its top 200 roles for a 25% “refresh”, the consumer goods giant said at the Barclays Global Consumer Staples Conference on Wednesday. Read More

UK-based acquisition-hungry baby- and childrenswear business Mori has bought premium baby-changing-bag specialist Storksak as the brand aims to expand in the UK and in the US.  Read More

J.McLaughlin announced on Wednesday the appointment of Lee AnneHenrico to the role of chief creative officer, where she will oversee the brand’s women’s and men’s design, product conception, creative marketing and more. Read More

American Eagle Outfitters forecast third-quarter comparable sales above expectations on Wednesday, betting on the demand driven by promotions and new products, sending the shares of the apparel retailer up 25%. Read More

Shein has been fined a massive 150 million euros in France for failing to comply with legislation on cookies, the French privacy watchdog CNIL announced on Wednesday. Read More

LuxExperience is continuing to work on the integration of its legacy Mytheresa business and its acquired YNAP ops into its group set-up and has announced around 700 job cuts at the latter. Read More

​Sweaty Betty is back in profit for the first time in several years, its new accounts for 2024 filed at Companies House show. Read More

​Very Group’s star e-tail site Very has just launched its brand-new own-brand fashion line with the company debuting the Very Collection on its webstore on 4 September. Read More

Swedish fashion giant H&M opens a 1,000-square-meter concept store in Paris’s Marais district on September 4, showcasing premium collections and second-hand fashion to elevate its local retail presence. Read More

Groupe Rocher has chosen U.S. firm Regent to acquire French heritage label Petit Bateau, as part of a plan to focus on cosmetics and hand over the brand to a specialist in reviving legacy companies. Read More