Finance


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DKNY

LVMH confirms sale of Donna Karan to G-III

LVMH has confirmed last week’s rumours by selling Donna Karan International, which includes the DKNY label, to American manufacturer and license holder G-III in

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Isabel Marant

Isabel Marant sells majority stake to Montefiore Investment

Investment fund Montefiore Investment has acquired a 51% stake in French premium womenswear brand Isabel Marant and will look to expand it into

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LVMH reported to be planning sale of DKNY

Luxury conglomerate LVMH is said to be targeting a specific buyer to purchase DKNY, a year after its founder Donna Karan stepped away

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Belstaff

Belstaff puts brakes on IPO after Brexit vote

Belstaff has put plans to float on ice following Britain’s vote to leave the EU. The motorcycle heritage brand had moved its operations

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Brexit EU Walpole

European consumers more concerned about Brexit than British

Consumers in Spain, Italy and Poland are more concerned about the effect Brexit will have on their economy than British consumers are, according

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Percival

Percival launches Crowdcube campaign to develop wholesale strategy

Emerging menswear brand Percival has launched a campaign on Crowdcube to raise £250,000 of investment to enable it to develop a wholesale strategy

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Luxury

Burberry reports flat sales as market remains challenging

Burberry, which two days ago revealed it would install a new chief executive next year, has revealed unchanged underlying retail revenue for the

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Kantar

Consumer spending and fashion sales growth slowed pre-Brexit vote

Consumer spending grew at its slowest rate since 2009 (when the British economy was in recession) in the three months leading up to

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Asos

ASOS posts sales growth of 30%

ASOS has posted total group revenues of £514.6m in the four months to 30 June 2016, a growth of 30% year on year.

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Burberry

Bailey to step down as Burberry CEO, Gobbetti steps up

Big change at Burberry next year with Christopher Bailey stepping back from his CEO role. But the man who helped turn the label

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