Stella McCartney Ends 17-Year Partnership With Parent Company Kering

After much speculation over Stella McCartney’s future with French parent company Kering, both parties finally released a joint statement today confirming that Kering will sell its 50% stake in Stella McCartney Ltd to McCartney herself, a move that now gives her complete ownership of her namesake brand. Francois Henri-Pinault, Chairman and CEO of Kering, expressed that this is

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Christmas Sales Surprise for Next

Sales at Next have unexpectedly risen over the Christmas period, prompting the fashion retailer to raise its profit forecast. Cold weather boosted trade ahead of Christmas, sending full-price sales up 1.5% – far better than the 0.3% fall it had expected. A 13.6% rise in online sales offset a 6.1% decline in store sales in

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