Luxury accessories brand MCM has announced a “new strategic direction, unveiling a new brand identity featuring an enhanced design language, consumer experience, and lifestyle presentation for the Digital Nomad”.
Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe, the companies said on Tuesday.
Steinhoff International said on Wednesday it had received approval from a Dutch court for a debt restructuring plan, paving the way for resolution of an accounting scandal that brought down the retailer.
It’s been a tough month for unsecured creditors of failed retail companies. But money owed by Hunter Boot (£112.8 million) and Edinburgh Woollen Mill Group (£167 million) are dwarfed by the cost of Debenhams’ failure.
The turmoil surrounding Revolution Beauty Group intensified Wednesday as the beleaguered beauty supplier/retailer aims to postpone next week’s AGM in the face of “hostile shareholder actions” by Boohoo Group.
Doucal’s feted its 50th anniversary this year with exhibitions in Milan and Florence, where it lauded its loafers in an historic Florentine Garden. A family-owned business enjoying a period of extended growth.
The Florentine trade show featured 10 emerging eco-responsible labels in its popular S Style section. It was an excellent opportunity to discover the captivating work of Kader Diaby, the Ivorian designer behind Olooh.