It seems to be the season for speculating about who is (or isn’t) bidding for which company and the latest rumour to emerge is that Investindustrial is on the shortlist to buy cycling specialist Rapha.
London's luxury shopping appeal was underlined Monday on news that a private jet firm has seen surging demand for London flights as even wealthy shoppers take advantage of post-Brexit vote luxury bargains.
First there was a report that Renzo Rosso's OTB Group had tabled a bid for Belstaff, then came a denial. But whether the bid happened or not, it has shone a powerful spotlight on the UK heritage brand.
The London concept boutique launched a capsule by Central Saint Martins designer Martina Spetlova, who is working towards zero waste in her production and relies on refugee female artisans to make her textiles.
Reliance Retail has entered into a partnership with Gitanjali Group, to make jewellery from brands such as Gili, Nakshatra, Nirvana and Asmi available at its newly launched ‘Project Eve’ store in Mumbai.
Tourist spending in the UK reached £643m last month with a £2.4bn bonanza expected for the summer overall as tourists flock to fashion and luxury stores across the country, according to payments firm Worldpay.
Fur farms will be illegal in the Czech Republic from 2019, after the senate passed an amendment to the animal rights law. Countries such as Britain, the Netherlands and Switzerland have already outlawed the practice.