Actual News 247

Australian luxury womenswear brand Zimmermann announced on Wednesday the opening of its first store in Nice, following recent store openings in Mykonos and Ibiza. Read More

India’s financial crime agency said on Wednesday an investigation had found that Walmart’s fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers. Read More

Prime Minister Keir Starmer welcomes his Indian counterpart Narendra Modi to Britain on Thursday where the pair will sign a recently announced UK-India trade deal. Read More

Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains sluggish. Read More

Swiss drugmaker Roche reported a better-than-expected first-half operating profit on Thursday, which was up 6% due to strong sales growth. Read More

​Scotch Corner Designer Village Limited, which is developing a major outlet destination in North Yorkshire, has announced its intention to float in London, although it won’t be on the London Stock exchange. Read More

​Just days after the revival of Manchester Fashion Week was revealed, London Fashion Week has unveiled its September (SS26) provisional schedule that includes a less catwalk-centric approach. Read More

River Island risks collapse unless its rescue plan is approved, a newspaper said Thursday. And while it’s set to face opposition, such plans have a history of approval as the alternative is often worse for creditors.  Read More

​Marketplaces continue to be the channel of choice for major-name retailers and the latest to join the fray is Debenhams Group’s boohooMAN. It has unveiled its new Brand Locker marketplace with 560+ brands. Read More

Portugal’s Altri has completed the purchase of 58.7% of Swiss sustainable textiles company AeoniQ, which plans to build an industrial unit in Constância. HeiQ Materials AG, Boss, and MAS Holdings remain as co-investors. Read More