Miscellaneous
The latest news
Chino shorts are selling strongly despite cold weather - John Lewis
Thoughts of a long hot summer, or a weather-defying trend? Searches for men’s chino shorts are up fourfold year-on-year, according to John Lewis. Whatever the reason, it’s “shocked buyers” at the UK retailer.
Fashion
Eurazeo announces a new executive board with two chairmen
Eurazeo announced that the supervisory board had decided on Monday to set up a new management board, appointed unanimously, consisting of two chairmen, Christophe Bavière and William Kadouch-Chassaing.
Fashion
Sosandar announces death of non-executive chairman
Womenswear e-tailer Sosandar has become used to releasing good news, but on Monday it had the sad task of announcing that its non-executive chairman has died.
Fashion
Bollman buys majority share of Kangol from Frasers Group
Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an undisclosed sum.
Fashion
ASOS joins GoodWeave International with India focus
Fashion e-tail giant ASOS has joined non-profit organisation GoodWeave International, supporting its work to end child, forced and bonded labour in global supply chains.
Fashion
Owner of Yours Clothing, Long Tall Sally buys failed M&Co
Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.
Fashion
Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success
Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Fashion
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award
Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
UK retail footfall recovery continues as office workers boost high streets on weekdays
Footfall to UK retail destinations was up 12.5% in January, according to the latest BRC-Sensormatic IQ data. But while it rose, it was 2.6 percentage points down on December.
Fashion
Amazon's outlook disappoints as customer budgets stay tight
Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.
Fashion
In The Style suffers two major investor cuts on losses warning
Two key investors have slashed their stakes in under-pressure online fashion retailer In The Style. The moves follow a warning in a trading update late last month, with In The Style admitting its losses will grow.
Fashion
PrettyLittleThing to open London showroom in heart of garment district
Fashion retailer PrettyLittleThing has signed a deal to open new London West End offices and showrooms. The Boohoo Group-owned brand is to take 4,375 sq ft space on Great Portland Street.
Fashion
Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap
This past week in Paris, Brazil’s most important luxury retailer Iguatemi feted its rebound from the pandemic, as its CEO Cristina Betts explained its M&A plans and predicted double continued digit growth in 2023.
Fashion
Big change at John Lewis sees customer director stepping down
There are big changes happening in John Lewis Partnership’s customer service capability, with the UK retail giant announcing new investment in its brands, data and technology “to give even more value to customers”.
Fashion
H&M to close four regional UK stores
Global fashion giant H&M is planning to shutter four of its regional UK stores, citing a “rapid change” in customer behaviour. Stores in Hartlepool, Maidenhead, Newport on the Isle of Wight and Burton are set to close.
Fashion
London Fashion Week announces final February schedule including Lee's Burberry debut
The British Fashion Council has released its London Fashion Week schedule, taking place 17-21 February. Top billing goes to British luxury brand Burberry on Monday (20th) under the new creative direction of Daniel Lee.
Fashion