Actual News 247

Ibex Investment Holdings Ltd., formerly known as Steinhoff International, raised 26.6 billion rand ($1.5 billion) by selling its entire stake in clothing retailer Pepkor. Read More

Farfetch has filed its accounts for the year at the end of which it was acquired by Coupang and they show just how tough times were for the business. Read More

​UK retail continues to campaign for the return of tax-free shopping for tourists in Britain despite a seeming lack of interest from the current government after the previous government abolished it. Read More

Decathlon UK has filed its accounts for 2024 with the business that runs the French company’s 45 UK stores and logistics ops seeing a year of “significant transformation”. Read More

Luxury footwear and accessories brand Santoni reported 64.2 million euros in revenue in the first six months of the year, 82% of which was generated abroad, marking an increase of 10.5%. Read More

​Ten years after the business launched and with plenty of its pieces now in circulation, vintage-inspired contemporary womenswear brand Rixo has launched a resale operation called Rixo Pre-Loved. Read More

​HeyDude’s newest global ambassador is none other that Lewis Capaldi and he’s fronting the label’s latest campaign that it said is its “biggest and boldest” so far. Read More

On July 22, Plaza 66 in Shanghai unveiled its second Chanel & Moi – Les Ateliers in mainland China. Spanning nearly 600 square meters, the space creates a spatial synergy with the existing Chanel boutique in Plaza 66. Read More

Some non-US companies have said they are looking at expanding their presence in the United States to mitigate the impact of President Donald Trump’s tariffs, including fashion and personal care businesses. Read More