Swedish fashion retailer KappAhl reported its half-year results on Friday and they didn’t make happy reading. Bad weather, heavy discounts and collections that didn’t prove as popular as hoped all dented its figures.
The ‘Beast from the East’ as the recent snowstorm was dubbed in the UK may have dented sales at stores in February but it contributed to a 13.1% growth rate at webstores, according to the latest eRetail Sales Index.
Next has been facing tough times and its annual results on Friday illustrated that very clearly. It expects those tough times to continue but total sales for the current financial year are predicted to rise 1%.
Kenneth Cole has entered into a four-year licensing deal with UK-based GBG Europe Footwear and Accessories Limited to distribute men's and women's footwear, and manufacture and distribute women's handbags in EMEA.
Footwear retailer Schuh has launched the latest in its colourful urban advertising strand with agency Roar producing an exuberant creative that takes in digital and traditional and can also be seen in-store.
Liberty London is aiming to make the most of the new Petter Rabbit movie in a link-up with Sony Pictures for limited edition fabric prints. It’s the first time it has teamed up with a studio for prints based on a film.
Ted Baker's comp sales edged down in 2017 but an e-tail surge more than made up for that. And growth continued across the UK, Europe and North America, although recent snowstorms have dented the new year's trading.
The Cornwall-based clothing, homeware and accessories retailer has taken a 1,370 sq ft unit at the shopping centre, which opened to the public last week following a comprehensive 18-month refurbishment programme.
A report released by Brightpearl on Wednesday suggests that the introduction of try-before-you-buy services could spell disaster for unprepared e-commerce retailers, swamping them with returns and obliterating margins.
New Look's CVA plan under which it will close 60 stores has received almost unanimous creditor approval, it said Wednesday. And it’s looking to the future with a new approach to pricing and faster product development.