The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Pepco Group, which boasts a network of over 3,000 stores across 15 European markets, is pursuing a €4.5 billion ($5.4 billion) initial public offering in the coming months, according to a Sky News report.
The company is said to be eyeing a listing in Poland, where it has a huge presence, with more than 1,000 Pepco branded stores.
The company initially planned to go public last year, but that was scuttled by the pandemic. Pepco Group has said it expects greater demand for its value-based chain store offerings as Europe emerges from the pandemic.
Chanel, Louis Vuitton and Tiffany & Co are among the brands expanding in Perth, Australia in a bid to tap its mining, oil and gas wealth and newfound status as a travel hub.
This week’s round-up of global markets fashion business news also features Haiti’s sourcing crisis, Brazilian jewellery giant Vivara and Dubai’s Ramadan shopping season.
This week’s round-up of global markets fashion business news also features Supreme’s long-awaited Shanghai flagship opening, India imposes MIP on undervalued imports of synthetic knitted fabric and striking Sri Lankan workers continue to protest.
Imran Amed shares his observations from a trip to the wealthy desert metropolis, home to the most lucrative stores for many of the world’s top fashion brands.