LONDON: British women’s fashion retailer Sosandar PLC (AIM:SOS) reported a year of improved profitability driven by higher margins, despite a planned reduction in revenue, and signalled a return to growth in its first quarter, according to full-year results released on Tuesday. For the year ended March 31, 2025 (FY25), revenue fell to £37.1 million, down…
Farfetch, the online luxury retailer, has been acquired by Coupang, the South Korean e-commerce giant, in a deal that will provide Farfetch with $500 million in urgent financing. The deal will also end Farfetch’s partnership with Richemont, the Swiss luxury group, and its plans to buy a stake in Yoox-Net-A-Porter, a rival online platform. Farfetch…
Debenhams is a British multinational retailer operating department stores in the United Kingdom and Denmark, with franchise stores in other countries. The company was founded in the eighteenth century as a single store in London and has now grown to 178 locations across those countries. It sells a range of clothing, household items, and furniture….