The Beaumanoir group has pulled off another coup in the market for struggling retailers. The French company, owner of the Cache Cache, Bonobo, and Morgan fashion brands, has just acquired 26 stores from the Jennyfer chain in liquidation, as well as its brand name. The strategy of this retail giant, founded in 1981 and now…
Optimism for the future is declining in China, Southeast Asia, and Japan, according to a new report by Bluebell Group, Asia’s premier brand distributor and operator. Asia’s luxury consumers shift shopping priorities: Bluebell Group. – Gentle Monster The fifth annual edition of its “Asia Lifestyle Consumer Profile” offers a detailed look at how luxury consumers across…
Frasers Group has opened a concept store in the Dundee shopping centre, Overgate, that it acquired two years ago. The new store blends sports, premium fashion, lifestyle and beauty under one roof and is located in the former Debenhams unit at the centre. Debenhams closed its remaining stores four years ago when its acquisition by…
Under pressure Debenhams Group is delaying issuing refunds for up to a month a report has claimed. But the business also had good news this week with a sales and search surge for high-summer products. Karen Millen The company, which used to be known as Boohoo Group and owns brands such as Boohoo, Debenhams, Pretty…
Translated by Nazia BIBI KEENOO Published May 29, 2025 Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723…
Translated by Nazia BIBI KEENOO Published May 26, 2025 Change at the top for the Schwan-Stabilo Group, which is redesigning its leadership structure with the appointment of Michele Molon as Group CEO, effective Oct. 1. The manager has more than 25 years of international experience in leadership roles, gained in both listed and family-owned companies,…
Michael Foote was at dinner with three friends at Soothr, a Thai restaurant in the East Village of Manhattan, when he looked up and noticed he was the only one eating. “We had all ordered all this food, and we were all sharing everything,” he said, “but I was chowing down, and my friends were…
The Israeli cybersecurity firm NSO Group was ordered on Tuesday to pay $167 million in damages to Meta, capping a six-year legal battle after NSO hacked 1,400 WhatsApp accounts belonging to journalists, human-rights activists and government officials. In December, Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California ruled that…
Lanvin Group’s full-year results came out on Wednesday following the earlier release of its revenue figures and the company said its profits dropped on the back of its overall sales fall. Lanvin Total company revenue (reported back in February) had dropped by 23% to €328.6 million. Lanvin revenue was down 26% at €82.7 million with…
Lindex Group said Tuesday that its first quarter was impacted by “weakened consumer confidence and logistical challenges”, although the Stockmann division’s adjusted operating result improved. Lindex The Finnish company owns the international Lindex brand and the Finland/Baltics-focused Stockmann department stores chain. The first three months of 2025 saw revenue falling to €186 million from €192.8…