Inspecs posts bumper earnings in 2021 The British eyewear specialist reported a 420% surge in revenue to $246.5m in 2021, while seeing adjusted EBITDA rise 376% to $27.6m. Inspecs also managed to narrow its losses by 39% to $5.4m. Read more.

Shoe Zone shows growing strength in trading update Shoe Zone has seen strong margin improvements and cost savings since releasing its interim results in May, driven by an effective supply chain management. As a result, it expects pre-tax profits to reach at least £8.5m in the 2022 financial year. Read more.

Luxury shopping platform Farfetch unveils sustainability hub for brands Farfetch has partnered with ratings provider Good On You to launch a sustainability hub for brands, Good Measures. The hub will let Farfetch's brand partners evaluate their Good On You sustainability score and access guidance on how to improve. Read more.

Leather goods specialist Mulberry reports rise in revenue Mulberry has seen revenues rise 5% over the prior-year period in the first 12 weeks of its financial year, driven by an increase in sales across its wholesale business. The result was achieved despite pandemic curbs in China impacting distribution. Read more.

Mango to expand Kids division with new store openings The Spanish retailer has announced plans to expand its Mango Kids range by opening 40 new stores worldwide by the end of 2022 and introducing a further Teen division, after its children's collections saw a 60% rise in sales last year compared to 2019. Read more.

Mr Porter expands premium watch category The menswear etailer is expanding its luxury watch offering by introducing a selection of 12 vintage timepieces, spanning from the 1940s to the 1990s, curated by Wind Vintage founder Eric Wind. The collection will initially launch in the US. Read more.