The footwear brand Liberty Shoes plans to open 50 brick and mortar stores by the end of 2018, as part of a plan to reach a revenue total of 1,000 crore rupees (approximately 150.3 million dollars) by 2020.
Selfridges had already told us that its Boxing Day clearance sale business was buoyant and at the weekend it said the Christmas season as a whole was better than ever with rising footfall and strong full-price sales.
LVMH, in a major surprise, has appointed Hedi Slimane as the new Artistic, Creative and Image Director of Céline. The appointment takes effect on February 1. He succeeds Phoebe Philo who quit the house this autumn.
Slated for Tranoï, which debuts this Friday, Arche - known for its shoes sprinkled in colour - will celebrate 50 years with a new pop-up store that will travel across four capitals, reflecting its international acclaim.
Burberry had a good Christmas quarter even though its comp sales rise fell short of analysts' predictions. Its fashion offer outperformed while digital continued to rise and top-spending shoppers returned to the fold.
Versace is in "no rush" to list on the stock market, its Chief Executive said on Saturday. The brand has been mulling a listing after private equity Blackstone bought a 20% stake in 2014 to fund its overseas expansion.