Amazon.com Inc on Sunday announced an expected sale for its loyalty-club shoppers, an event like its Prime Day that aims to boost holiday revenue and appeal to cost-conscious buyers facing economic turbulence.
Leather and luxury goods producer Pittards said Monday it has maintained positive trading momentum for the six months to 30 June. That means continued growth in revenue and profitability and a stable order book.
Estée Lauder has a major fashion label license to add to its portfolio. It has announced a license deal with Balmain for “an innovative line of beauty products to speak to luxury consumers around the world”.
Bestseller has re-opened its revamped showroom in London’s Shoreditch to support the Danish fashion giant’s bid to accelerate digital sales growth. The expanded showroom is described as a “stylish high-tech fashion hub”.
An already bruised consumer confidence took a further hit in September, tumbling to a new low.. And with the Bank of England now suggesting the UK has tipped into recession, expect further dips to come.
Digital women's fashion brand In The Style Group issued a positive trading update Friday ahead of its AGM, having made “significant progress” against several of its strategic priorities, “to increase profitability".