LVMH, the world’s biggest luxury goods company, has bought a majority 60 percent stake in Napa Valley’s Colgin Cellars vineyard, as part of the French group’s general strategy of acquiring highly-rated wine operations.
Is John Lewis’s fashion dip of recent weeks at an end? It could be, despite the weekly figures it issued Tuesday looking bad on the surface, fashion does seem to have staged a recovery on the back of cooler UK weather.
The US men's brand, which will celebrate its 200th anniversary in 2018 across three major cities, plans to accelerate retail operations in China, and rollout a new omnichannel plan that revises current store sizing.
French retailer Auchan said on Monday it had not been approached by e-commerce giant Amazon about deals or partnerships in Europe, with speculation still rife that Amazon may be eyeing European transactions.
Bagir has announced it is in 'advanced negotiations' with a leading global textile manufacturer to form a strategic partnership, a move which could help the company remain competitive in the face of weakening revenue.