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Frasers Group Snaps Up Harvey Nichols; Tapestry Rolls to $8B Year

WWD: The Essentialist


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WWD: The Essentialist

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Thursday, August 13

Mergers and Acquisitions

Frasers Group Buys Harvey Nichols, Warns ‘Tough Choices’ Ahead

Under a pre-pack deal, Mike Ashley gets the Knightsbridge flagship, regional U.K. stores, online and international franchises, and over 1,000 staff.

Financial

Tapestry’s Annual Sales Hit $8B as Coach Continues to Drive Growth

The company, which also owns Kate Spade, hit its three-year target in year one. 

Financial

Tariff Refunds Boost Bottom Line for Dillard’s in Second Quarter

The Arkansas-based department store noted strength in women’s accessories and lingerie in the period.

Fashion Scoops

EXCLUSIVE: Proenza Schouler to Open in Los Angeles in September

It marks the New York fashion brand’s first store outside New York City and its second stand-alone location.

Activewear

EXCLUSIVE: Dwayne ‘The Rock’ Johnson Parting Ways With Under Armour

The sports company has been a partner for the wrestler and actor's Project Rock brand for the past decade.

Fashion Scoops

Burberry Heads to the Hamptons With Topping Rose House Pop-up

The brand is transforming the Bridgehampton hotel with a yellow check takeover and offers early access to Daniel Lee's fall 2026 runway collection.

Lifestyle

EXCLUSIVE: Louis Vuitton’s Nicolas Ghesquière Designs Custom Porsche 911 With Luxury Restoration Specialist Singer

Vuitton has collaborated with the California-based vehicle design firm on two bespoke cars presented at Pebble Beach as part of Monterey Car Week.

                                                           
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