Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China’s internet giants into offline retail.
Adidas has agreed to an out-of-court settlement in a recent trademark case arising from the brands' long-term disputes concerning Adidas' allegations that Forever21 is wrongfully using the registered "three stripe" mark.
LA Fashion Catwalk is a new fashion event carving out a spot in the Guinness Book of World Records in Los Angeles in April 2018 for hosting the world's longest fashion runway, coming in at just under 2 miles in length.
River island has launched gender-neutral kidswear with the tagline “Kids just want to be kids” as more brands seek to appeal to parents who disagree with strict gender lines in the clothes they buy for their families.
Lingerie retailer Hunkemöller has launched special delivery services for the holiday season. Customers in Amsterdam and Antwerp will be able to use the services, which are available both for online and in-store shoppers.
We may be deep into the Christmas shopping season but John Lewis is struggling to generate notable sales growth with its latest weekly results showing an overall sales rise of just 0.1% to £151.9 million.
Designer Holly Fulton has been appointed head of fashion at the Cambridge School of Visual and Performing Arts and will run its Fashion BA Hons degree, while expanding her own label that she launched in 2009.
South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion (1.1 billion pounds) in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, sources said.