Permira’s investment fund, Permira Growth Opportunities II, will aid premium outerwear brand K-Way’s “exciting growth journey” after acquiring a 40% stake in the company from BasicNet. K-Way was founded in Paris in 1965 and has since established itself as an outdoor-inspired lifestyle brand with a loyal following. The brand is known for its waterproof packable jacket, the…
The John Lewis Partnership is to hire 12,500 temporary staff in its biggest-ever recruitment drive for the festive period. The retail group said it will hire staff across its John Lewis department store business and Waitrose grocery arm. It said the firm will hire 4,100 more temporary workers than in the same period last year….
Marks & Spencer is adding self-service checkouts to changing rooms across its 180 clothing stores to prevent shoppers from having to queue twice. It is planning to have the new self-service checkouts installed in more than 100 of its stores by early 2028, according to The Telegraph. The technology will be installed across its entire clothing…
Last year Tapestry announced it would acquire rival American fashion conglomerate Capri in a deal valued at £6.6 billion ($8.5 billion). Fast forward to 2024, a federal judge has blocked Tapestry’s acquisition of Capri, following a trial held last month in New York. In August 2023, Tapestry, the owner of Coach and Kate Spade, made…
Italian jewellery brand Atelier VM will open its first UK flagship store in London’s Burlington Arcade in Mayfair in November, in time to capitalise on the run up to Christmas. Atelier VM was founded by Marta Caffarelli and Viola Oleari in 1998. After successfully launching the brand into the UK in 2018 with a dedicated…
Here are some of this week’s news and features highlights handpicked by TheIndustry.fashion team. Luxury slump catches up with Gucci and Bottega Veneta owner Kering I never like to see fashion brands struggling and goodness only knows it’s tough out there, so I have immense respect for anyone out there giving it a go. But…
TFG London, the owner of Hobbs, Whistles and Phase Eight, has today announced it has acquired British fashion and lifestyle retailer, White Stuff. This acquisition is a significant milestone in TFG’s strategy to expand its portfolio of brands. It first acquired Phase Eight in 2015 and then later added Whistles and Hobbs to the group….
British outerwear brand Berghaus has delved deep into its archives to relaunch an ‘Icons’ collection. Three jackets have been “updated for the summits and streets of 2024”, with long-time fan of the brand Liam Gallagher fronting the campaign wearing the iconic ‘Trango’ jacket. Legendary British mountaineer Sir Chris Bonington, who wore Berghaus when he summited…
Consumer confidence has fallen again amid further worsening sentiment around the upcoming autumn Budget, according to a long-running survey. GfK’s Consumer Confidence Index fell one point in October to minus 21, as people’s predictions for the general economy worsened over the coming year despite a slight improvement in their forecasts for personal finances. The drop…
British heritage brands Barbour and Loake have teamed up to launch a new range of men’s footwear. The partnership brings together two family-owned brands that are celebrated for their quality, craftsmanship and enduring legacies. The range features three timeless styles: a classic, country inspired Derby shoe named ‘Fernsby’, a Chukka boot named ‘Loughty’ and, for…
