Molton Brown will be making a big play for the fragrance market next year and is set to launch new Eaux de Parfum as it rebalances a portfolio currently geared more towards toiletries/bodycare and home fragrances.
Luxury’s strength was prominent in the latest Interbrand ranking of the Best Global Brands Thursday, but even the biggest names couldn’t rival digital when it came to the brands that are key for consumers.
Ted Baker continues to power ahead in e-tail but the hot summer hurt its retail stores and the company admitted the environment is still challenging, although it remains one of the top performers in the fashion sector.
Shares of Australia’s Myer Holdings jumped 8.8% after its largest shareholder Premier Investments Ltd, chaired by billionaire Solomon Lew, asked Myer for a list of its owners, fuelling speculation of a takeover offer.
The NYC-based luxury brand announced on Wednesday that it has committed to going fur free starting 2019, joining a growing list of fashion and luxury labels ditching fur under mounting pressure from campaigners.
The influencer-driven retail group made a filing with the US Securities and Exchange Commission on Friday, detailing plans to launch an initial public offering on the New York Stock Exchange next summer.
The department store chain has announced the launch of Peyton and Parker, a new Instagram-inspired cross-category private label, aiming to help “socially connected moms” clothe their families and decorate their homes.