Frasers Group ups Burberry stake Frasers Group has added to its options to buy Burberry shares in the future if set price conditions are met, increasing its financial influence on the brand.
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A slowdown among Chinese shoppers pushed the luxury group's biggest division back into decline after one quarter of growth. Selective retailing, home to Sephora, rose 8%.
StyleTheIndustry.fashionThe owner of fashion brands Hobbs and Whistles has apologised to customers after being hit by a cyber attack in the second hack impacting a UK retailer in a week.
StyleDrapersSeptember hit by sluggish fashion sales The British Retail Consortium (BRC) called on chancellor John Healey to “back retail” in the upcoming Budget, as latest figures show weak clothing sales in September.
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