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ILM reports that retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth. (Editor´s Note: this is a good performance considering retail disruption due to the pandemic)
UK tanner Pittards is proud to announce the launch of its latest performance leather. Pittards TRI PROTEX™ is a new anti-bacterial performance leather that kills 99.9% of bacteria
Hong Kong-based private equity firm LionRock Capital has announced its intention to acquire a majority stake in footwear group C&J Clark Limited. It said the Clark family would continue to be “a key shareholder” in the 195-year-old business, reports Leatherbiz.
The chief executive of Aston Martin, Tobias Moers, has said he believes the company has “everything in place to become one of the greatest luxury car brands in the world” following a refinancing package at the end of October.
The UK and Japan have announced agreement in principle a new free trade agreement. This is the first major trade deal that the UK has established since leaving the European Union in January. It will increase trade with Japan by an estimated £15.2 billion, reports Leatherbiz.
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