Style Group Brands seeks investment to avoid administration The private company, which owns brands such as Jacques Vert, Eastex and Windsmoor, is understood to be looking at all options, including talks with potential buyers. Read more.

Christian Louboutin opens Miami flagship store The 3,874-square-foot boutique showcases both his women’s and men’s accessories. Louboutin has 135 stores globally. Read more.

Hudson Blvd. Group acquires nail bar chain Valley Nails The luxury nail salon currently operates three locations in Manhattan and is due to open a fourth in June. Terms of the deal were not disclosed. Read more.

Fashion house Richemont acquires 5% stake in travel retailer Dufry The deal comes shortly after Richemont chairman Johann Rupert predicted that travel will have an increasing role to play in long-term luxury consumption trends. Read more.

Reiss opens first flagship store in Sydney The store is the British fashion company's first Sydney opening, located in Westfield Bondi Junction, and its third store in Australia. David Reiss, founder and chair, said the company was consolidating its brand presence in the country. Read more.

Ralph Lauren beats analysts’ earnings estimate for Q4 The company reported net income of $41.3m and a net loss of $204m for the three months ended 1st April. The fashion group named a new CEO, Patrice Louvet, earlier this week. Read more.