Fashion & luxury market update – issue 459

With our last fashion & luxury update of 2020, we would like to wish you all a festive Christmas period and a happy New Year. We will be back on 6 January 2021.

This week’s top stories in the fashion and luxury brands sector:

Frasers Group to open new 60,000 sq ft flagship store in Birmingham
(The Industry)

H&M Group sales hit yet again by pandemic
(The Industry)

Adidas to make decision on Reebok sale in March
(Fashion United)

Lyle and Scott make six figure investment in fan-owned football club
(Fashion United)

JD Sports purchases Shoe Palace for $325 million
(Fashion United)

Schuh receives £19 million funding as part of COVID recovery
(Retail Gazette)

Arcadia Group rumoured to have up to 40 potential bidders
(Fashion Network)

Global fashion fur trade suffering due to COVID-19
(Reuters)