The department store group said a strategic assessment undertaken by management has proved the viability of the business over the next three years.

Primark has increased the size of its Intu Merry Hill flagship store by more than 70% after taking over a unit previously occupied by the collapsed BHS business.

The American fashion brand has agreed terms to open its first permanent store outside the US in London’s Covent Garden in 2019. It will join a small pop-up store in Chelsea.

The German e-commerce company said its Berlin-based fashion festival Bread&&Butter will not be held in 2019.

Geox, the techy Italian footwear giant, and Dragon, the Formula E team owned by media investor Jay Penske, have signed a strategic long-term agreement that will result in the race car changing its name.

Karen Millen is set to launch its first swimwear collection exclusively in the new Gatwick North store opening in February 2019 after signing a licensing deal with UK brand Heidi Klein.

A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.

The lingerie brand is looking to fresh merchandising to bolster its flagging sales, and is planning to reenter the swim category from spring 2019. 

The company, which operates e-tail sites including LaModa and Dafiti, said group revenue increased by almost 17% in the third quarter, while adjusted EBITDA margin improved to 8.1%.

Asos is trying to reduce its return rates by rolling out a new sizing tool that will provide bespoke size recommendations based on customers’ order history.