Investors around the world are being offered the opportunity to buy a stake in the prime London property, that is currently home to French luxury fashion house Céline, for just £500.
SMCP Group, parent of French accessible luxury brands Sandro, Maje and Claudie Pierlot, has got off to a strong start in 2018 with sales up 15.8% to €252m in Q1.
Osman Yousefzada, the British-based fashion designer behind the OSMAN label, officially opened his new townhouse retail concept last night with a star-studded party. He has revealed a move into furniture design with the launch of a range of chairs, benches and a sofa planned for this month.
The John Lewis Partnership has announced that expansion of its JLAB incubator programme for retail tech start-ups to a new “always on” model that runs year-round.
Yoox Net-A-Porter Group has been named as one of The Times Top 50 Employers for Women today, in recognition of its work to break gender equality barriers in the tech sphere. Marks & Spencer was also named in the list.
Gucci sales were up by almost 50% in Q1 at €1.87bn contributing to a strong performance overall at parent group Kering.
Fast fashion online retailer boohoo posted a 97% increase in group revenues to £579.8m in the year to 28 February 2018 as it achieved strong growth across all the markets in which it operates.
The Chinese owner of toy retailer Hamleys is in talks to acquire a “possibly very substantial” interest in struggling British department store House of Fraser.