Within days of issuing a positive trading update to shareholders, Hyve Group was back with further details of its progression, with trading for the year ended 30 September showing a “full revenue recovery”.
It’s going to be a tougher-than-expected Christmas trading period, if one report is to be believed. UK shoppers are likely to spend 22% less on non-essentials in the festive run-up and other markets will see drops too.
South Korean tech firm Naver Corp said on Tuesday it agreed to a $1.6 billion deal to buy Poshmark Inc, a U.S. apparel resale platform firm, as a strategic investment to enter the U.S. e-commerce market.
Mulberry’s days as a catwalk brand may be long gone but the company on Monday launched back into full-on ready-to-wear with an outerwear collection that it’s linking closely to its latest star bag line.