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Related news & insights - Matthew Martin
Fashion, luxury and lifestyle news aggregator - November 2024
Posted: 03/12/2024
Labour’s Autumn Budget has had a muted reception from the retail sector, the general consensus being one of concern over the increased costs the industry will face. Of the main changes that will impact retailers, the employer National Insurance contribution will rise from 13.8% to 15%, and the threshold at which it applies will also drop from......>>
Institute of Directors code of conduct for directors – striving for good governance
Posted: 28/11/2024
The Institute of Directors (IoD) has published a voluntary code of conduct for directors of UK businesses. The code is intended to provide a practical tool for directors to make informed decisions, prioritise the interests of their organisations, and balance financial performance with societal impact. The code is structured around six key......>>
Fashion, luxury and lifestyle news aggregator - October 2024
Posted: 31/10/2024
The owner of British luxury brand Mulberry has rejected a second acquisition offer from Frasers Group. Challice Limited, Mulberry’s majority shareholder holding a 56% stake, described the offer as an ‘unwanted distraction’ and said it had ‘no interest’ in selling its shares in the fashion brand to the retailer. The £111 million bid follows an earlier £83 million......>>
Companies House reforms – a look ahead for businesses
Posted: 29/10/2024
The Economic Crime and Corporate Transparency Act 2023 (the Act) has marked its first anniversary since being introduced in October 2023. Touted as the biggest shakeup to UK corporate transparency and the function of Companies House, the Act was met with a flurry of initial activity, which has since settled. This article considers......>>
Fashion, luxury and lifestyle news aggregator - September 2024
Posted: 30/09/2024
The Olympic and Paralympic Games were held in Paris this summer and, as predicted, saw a fusion between the worlds of sport and luxury fashion. French fashion group LVMH was described as ‘dominating’ the 2024 Games in a ‘multifaceted’ deal worth approximately USD $163 million that saw several of its ‘iconic Maisons’ taking on......>>
Penningtons Manches Cooper advises Jumo Health on merger with Falfurrias Capital Partners
Posted: 19/08/2024
The corporate team at Penningtons Manches Cooper has advised on the UK aspects of the merger of Jumo Health and Falfurrias Capital Partners. The team acted for Jumo Health, Inc (Delaware corporation), and its wholly owned subsidiary, UK company Jumo Health Limited, on this deal under Delaware law. The team worked closely with......>>
Fashion, luxury and lifestyle news aggregator - June 2024
Posted: 01/07/2024
Earlier this month ultra-fast-fashion retailer Shein filed for a London listing which could value the company at up to $50 billion. It comes after reports that an initial listing in the US fell through as a result of the giant’s extensive operations in, and links to, China. Shein, known for its affordable, trend-driven fashion, has seen rapid growth in recent years......>>
Fashion, luxury and lifestyle news aggregator - May 2024
Posted: 30/05/2024
Luxury brands are capitalising on artistic strategies to increase sales. Recently, Gucci presented its Cruise 2025 collection at London's Tate Modern, marking the shared history between the fashion house and the capital. Their collaboration has extended to Gucci supporting the Tate's upcoming ‘Electric Dreams’ exhibition and a......>>
Fashion, luxury and lifestyle news aggregator - April 2024
Posted: 30/04/2024
Pre-loved fashion retailer, Luxe Collective, has gone viral on social media for challenging members of the public to distinguish between real and fake designer handbags at its recent pop-up event in Liverpool. Luxe is a resale marketplace known for its ability to identify authentic pre-owned luxury goods and is one of the UK’s ‘fastest......>>
Fashion, luxury and lifestyle news aggregator - March 2024
Posted: 02/04/2024
Luxury clothing retailer, Matchesfashion, has announced it is to enter administration and cut 273 jobs (almost half of its workforce). Matches is home to some of the world’s biggest luxury names, including Gucci, Prada, and Yves Saint Laurent, as well as being known for championing smaller up and coming brands. Matches was acquired by......>>
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