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Walgreens swings to loss on $2 billion Boots UK charges, suspends share buybacks
Walgreens Boots Alliance Inc on Thursday swung to a loss in the third quarter and suspended share buybacks, as the COVID-19 crisis further weighed on its trouble-laden Boots UK division.
Fashion
Business
Online marketplace OnBuy to launch globally following £5m investment
Some 140 new territories, including the US, Germany, France, Spain and the UAE, are in the expansion programme of the e-tail startup, which aims to rival Amazon with a “fairer and more transparent platform”.
Beauty
Business
Frasers Group withholds rents until trading returns to normal - report
Frasers Group has reportedly thrown down the gauntlet to its landlords and said that it won't pay its rent bills until it’s “fully able to freely trade as a business” again.
Fashion
Retail
John Lewis to axe Bullring store and seven more, talks of e-tail acceleration
The John Lewis Partnership has revealed which of its department stores are set to close permanently following a review of its branches and said on Thursday that eight locations won’t reopen.
Fashion
Retail
Design
Paris Menswear opens with arty tailoring, and a new star
Finally, after a three-day digital Paris haute couture season of far too few clothes, the menswear season opened in the French capital on Thursday with oodles of stimulating new fashion, and a great debut by EGONlab.
Fashion
Media
Paris first digital Haute Couture season ends amid teasers and very few new clothes
Day three of the first ever entirely digital French haute couture week began not with the unveiling of a collection but with a teaser from Maison Margiela, summing up the most puzzling Paris in memory.
Luxury
Media
Chaumet launches Perspectives collection with instructive online video
Chaumet took an unusual approach to launching its latest collection, Perspectives, with an instructive online video with four key decision makers in the jewelry brand.
Luxury
Design
Surrealist Dior presents a new Theatre de la Mode
Maria Grazia Chiuri unveiled her latest haute couture collection for Christian Dior on Monday afternoon in a remarkably beautiful film that seems destined to become an instant classic work of surrealist cinema.
Fashion
Media
Appointments
Burberry evolves product approach with new RTW business chief
Burberry is evolving its approach to product with the company creating three new business units and hiring a new ready-to-wear business chief, Adrian Ward-Rees, who has also worked at Dior Homme.
Luxury
Appointments
Puig top executives join board of Charlotte Tilbury as beauty brand inks new deals
Spanish fashion group Puig has created a new holding company in the UK, and added five new members to the board of directors of its beauty brand Charlotte Tilbury, which has inked deals with Asos and Le Bon Marché.
Luxury
Appointments
Intu CEO exits as crisis deepens
Matthew Roberts has stepped down as chief executive officer of Intu, one of the UK’s largest shopping centre operators which has been engulfed in turmoil since tumbling into administration last month.
Others
Appointments
Ann Demeulemeester creative director exits
Sébastian Meunier is stepping down as creative director at Ann Demeulemeester after 10 years in the role.
Fashion
Appointments
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