After Major Brands announced that it will invest Rs 80 crore on expanding the US brand Bath & Body Works in India, it announced at the launch of its second store that it will open 50 stores over the next five years.
Multi-platinum recording artist Nicki Minaj has formed a new fragrance partnership with Luxe Brands. Luxe will reinvent her fragrance franchise which currently centers around her signature scent, Pink Friday.
A new deal between Harvey Nichols and tech firm Hero sees the luxury retailer offering a physical stores experience to online shoppers, and in its test phase its has driven conversion rates much, much higher.
M&S had some good news Wednesday as it reported more customers, higher e-sales and improved Clothing & Home margins. But all other figures were poor as it spent heavily to force through the change it desperately needs.
The government of Uttar Pradesh has given Patanjali permission to sell its products through cooperative societies in the region which will greatly increase the brand’s rural distribution reach in the area.
M&S has added experienced non-exec directors to its board as it prepares to deliver its latest results, with more store closures expected and potential demotion from the FTSE100 if its share price falls further.