Mytheresa nears deal to acquire YNAP The luxury e-commerce site is in talks to buy the Yoox Net-a-Porter e-commerce operation from Richemont. The deal would establish Mytheresa as the largest volume luxury e-commerce website. Read more.

Frasers ups stake in Mulberry after rejected bid Frasers has increased its stake in the luxury British retailer, Mulberry, following a rejected £83m takeover bid, as reported earlier this week. Mike Ashley's group has bought more shares through a 'clawback' arrangement for big shareholders. Read more.

Levi Strauss reports Q3 results The company saw flat net revenues of $1.25bn, slightly down from an expected $1.55bn. However, gross margin rose significantly to 60%, but Levi’s saw declines in its “Other Brands” segment so is considering selling the Dockers brand. Read more.

Stüssy continues return to physical retail with flagship in New York The streetwear fashion brand is continuing to make a return to physical retail with a 5,600 sq. ft store at 50 Prince Street in New York. This comes after it opened flagships in Chengdu and Milan earlier this year. Read more.

LVMH finalises deal with Formula One Following reports of a possible partnership, LVMH has signed a 10 year deal with Formula One to advertise Louis Vuitton, Moët & Chandon and TAG Hauer at race tracks from 2025. Read more.

Authentic Brands completes Champion acquisition The deal is valued at nearly $3bn and is Authentic Brands Group’s biggest acquisition since buying Reebok from Adidas in 2022. Read more.