Coach owner Tapestry Inc. needs to turn around the struggling Michael Kors brand to get the most out of its $8.5 billion deal for the line’s parent company, Capri Holdings Ltd. 

​Rumours that Farfetch will exit its beauty business appear to be correct with reports that it will be shut down as soon as 31 August.

Michael Kors owner Capri will be bought by Coach parent Tapestry in an $8.5bn deal, the companies have said, creating a top US fashion house that can better compete with larger European rivals in global luxury.

CVC Capital Partners is exploring a potential stock market listing of German perfume and cosmetics retailer Douglas, people familiar with the matter told Reuters.

L'Occitane International's controlling shareholder is in advanced talks on a potential deal to take the skincare company private ahead of a possible European listing, two people with direct knowledge of the matter said.

​It’s not only Frasers Group that’s begin substantial stakes in Boohoo Group at the moment. Umar Kamani — the co-founder of Boohoo’s acquired brand PrettyLittleThing — has bought a 3% stake.

Zero10’s VTO technology has been brought to sports for the first time via an AR integration with JD Sports. The collab is the first JD Sports’ use of in-store AR try-on technology.

Dior’s link-up with Harrods late last year made a huge impact and the company is continuing the close relationship this month with three pop-up boutiques in the luxury department store. 

Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom

Digital department store Freemans has issued a call for third-party brands to get in touch and has launched its Brand Studio “to highlight the extensive range of third-party brands available across fashion and beauty”.

Amazon.com forecast third-quarter revenue above Wall Street expectations on 3 August, boosted by its biggest Prime Day sale event in July that drew price-conscious consumers to its e-commerce platform,

Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2% at constant currencies in the first half, hit by double-digit drops in both North America and Asia Pacific, the company said on 3 August.

Next Plc raised its guidance for the second time in recent months after wet weather and ongoing inflation failed to deter shoppers from buying fashion. 

Etsy Inc on 2 August forecast third-quarter revenue below market expectations, signalling softening in demand for handcrafted goods at its online marketplace, sending its shares down 6% in after-hours share trading.

Zalando, Europe's biggest fashion e-tailer, said on 3 August that it nearly doubled its operating profit in Q2 on better order economics and more focused marketing.

Beiersdorf on 3 August raised its annual forecast for organic sales a second time this year, after its core brand Nivea and high sunscreen demand drove double-digit growth in half-year organic sales.