Other prominent luxury brands are also adjusting their pricing strategies, with Cartier increasing prices by 10% last month

Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake

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Shares in Hugo Boss jumped nearly 10% on Thursday after the company said it would “thoroughly examine” a near-€2bn takeover approach from the Sports Direct owner Frasers Group.

Mike Ashley’s fashion and sportswear business has pounced on the German fashion house, in which it already owns just over a 26% stake, saying late on Wednesday that it was offering about €1.98bn (£1.73bn) to take full control .

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover

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Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US on Thursday.

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed Victoria’s Secret lingerie brand, making it the second-biggest single shareholder and giving it a potential platform to launch a hostile takeover.

Denim giant claims trademarked design has been copied by S-Double, which was founded in 2008 by Shawn Stussy and is owned by the Melbourne-based clothing company

Global jeans giant Levi’s has launched legal action against Australian clothing company Globe and one of its brands for sewing tags on to pockets – which it says is “blatant copying” of its trademark design.

The US denim giant made the same claim 15 years ago against the same brand, S-Double, founded by Shawn Stussy and owned by Melbourne-headquartered Globe.

Danish follicle rebels go head to head in competition for best short-in-the-front, long-in-the-back cut

Business in the front, party in the back. A packed Danish crowd has celebrated the much-maligned but enduring mullet hairstyle, defined by very short hair at the front and longer hair at the back.

Denmark’s raucous 2026 Mullet Championship, presented on an outdoor stage in central Copenhagen, attracted 12 well-coiffed competitors and more than 1,000 spectators.

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