Fashion
Irish Primark has said it will expand to Slovakia in 2022, with a shop in the Eurovea shopping centre in the capital Bratislava. The Central European country will then become the fifteenth market for the fashion discounter.
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French luxury group Kering (Gucci) has been rumoured to make a bid on Italian clothing and lifestyle company Moncler. The expensive down coats producer would be the latest target in a continuing war with archrivals LVMH.
Swedish fast-fashion retailer H&M has opened a new flagshipstore in Stockholm, where it trials sustainable initiatives. The most remarkable one is a fashion rental service, but the store also features a repair service and a beauty salon.
Famous British footwear designer Terry de Havilland has died at the age of 81. His creations were worn by stars like Amy Winehouse, Marianne Faithfull, David Bowie, Cher and Kate Moss.
Danish fashion group Bestseller (Jack & Jones, Vero Moda, Only) has increased its turnover by 7 % in its financial year 2018/19. However, due to major investments, the profit was lower than a year earlier.
The Dutch branch of the Hudson's Bay department store chain has requested deferment of payment. It is unclear whether the stores will remain open until the intended date, 31 December.
Mud Jeans, a pioneer in the leasing of jeans, has opened its first physical store in the Netherlands. Customers can try on all of the jeans, but they can't buy them: if you want a pair of jeans, you'll get it sent to your home afterwards.
Online second-hand clothing platform Vinted has raised 128 million euros to further develop its platform and accelerate its expansion. After this new capital round, the company is now valued at around a billion euros.
Abercrombie & Fitch has achieved virtually stable sales over the latest quarter, but its profits fell sharply. The American clothing company expects that import duties resulting from the Sino-American trade war will have a negative impact in the fourth quarter.
British sportswear retailer Sports Direct is to change its name to Frasers Group, following the acquisition by its owner Mike Ashley of the House of Fraser chain last year.
Dutch shoe chain Omoda is to open a Danish web shop before the end of the year, expanding to Finland, Norway and Sweden in 2020.
Belgian fashion label Essentiel Antwerp has decided to stop designing collections for men, in order to focus fully on its women's collections. The label's store that focuses on men, in the Schuttershofstraat in Antwerp, is closing its doors.
A man was arrested in Naples for employing dozens of undocumented immigrants in a factory that allegedly made leather goods for some of Europe's largest luxury brands. According to investigators, his sweatshop made shoes and handbags for brands such as Armani, Fendi (LVMH) and Saint Laurent (Kering).
British investment company Apax Partners is looking to sell German discounter Takko Fashion, of which it is the main shareholder. After almost nine years at the helm, the British company want to sell their fashion chain at a (slight) profit.
American fashion brand Patagonia has opened a pop-up store that will sell only second-hand clothing and its new ReCrafted collection, which has been made of irreparable clothes. The pop-up store is a physical extension of its second-hand platform WornWear.com.
On 21 November, Vans is opening a flagshipstore on Oxford Street, in the heart of London. With this new store, the American brand intends to increase its presence in the United Kingdom.
