Browsing: luxury retail News
German luxury e-tailer Mytheresa experiences a notable rise in net sales, yet sees operational losses more than double.The company reports a 7.6% year-on-year increase in net…
The transformation of Coggles’ Alderley Edge store to Flannels marks a significant shift in the luxury retail landscape.Coggles’ transition follows Frasers Group’s acquisition amid industry concerns…
Frasers Group is making strategic moves in luxury fashion, raising industry eyebrows.The acquisition of Matches and Coggles, alongside an attempted Mulberry takeover, fuels speculation.Flannels, the jewel…
In a turbulent economic climate, UK tech startups continue to draw significant investor interest, defying global market trends. These organisations have collectively raised substantial capital, reflecting…
Flannels has unveiled a major flagship store in Leeds, seeking to expand luxury accessibility.The six-floor, 70,000 sq ft store presents a modernised shopping experience, attracting style-conscious…
Harrods, a name synonymous with luxury retail, has embarked on a comprehensive digital transformation by relaunching its ecommerce platform. This strategic move is aimed at enhancing…
Frasers Group, led by Mike Ashley, has abandoned its £111m bid for Mulberry, aiming for board engagement instead.The decision follows Mulberry’s rejection of Frasers’ enhanced offer…
Frasers Group has recently made headlines with its strategic divestment from N Brown Group, coinciding with its intensified effort to acquire the luxury brand Mulberry. This…
Saudi Arabia’s Public Investment Fund has solidified its role in the global retail narrative through a significant stake in Selfridges.This development not only signals a promising…
Mulberry has firmly declined Frasers Group’s revised £111 million offer, a decision led by its principal shareholder, Challice. The stakeholder holds a commanding 56% stake and…
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