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UK luxury is £81bn industry says new report

UK luxury is £81bn industry says new report

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 
Fashion
M&S now has new deadline for Marble Arch plans, is close to HSBC deal for 'superapp'

M&S now has new deadline for Marble Arch plans, is close to HSBC deal for 'superapp'

​After winning its court case against the government’s refusal to allow it to redevelop its Marble Arch flagship in London, retail giant M&S now has three weeks to formally resubmit its plans for the building.
Fashion
Frame names EMEA CEO as it targets fast growth in Europe

Frame names EMEA CEO as it targets fast growth in Europe

California-based denim and fashion brand Frame has named Thomas Lecoq as its new CEO for the EMEA region.
Fashion
Gok Wan takes anchor role in new JD Williams campaign

Gok Wan takes anchor role in new JD Williams campaign

​JD Williams has launched a new campaign starring Gok Wan, Judi Love and Helen Skelton in a bespoke cross-platform creative “celebrating women”.
Fashion
Benetton links with Refined Networks to target UK growth

Benetton links with Refined Networks to target UK growth

​Benetton is targeting the UK with an online sales push and has partnered with tech and logistics solutions provider Refined Networks to help it.
Fashion
John Lewis back in profit, fashion sales rise

John Lewis back in profit, fashion sales rise

​John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

​Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Lee and Diesel launch capsule collection under Diesel Loves program

Lee and Diesel launch capsule collection under Diesel Loves program

Denim giants Lee and Diesel have teamed up to launch a global capsule collection, under the new Diesel Loves program. 
Fashion
Will In The Style make a stock exchange comeback?

Will In The Style make a stock exchange comeback?

​The boom in fashion firms listing on the London Stock Exchange had seemed to be over, but a filing suggests listed companies still see value in fashion firms with In The Style possibly making a stock market return. 
Fashion
Freemans owner Otto Group unveils leadership succession plan

Freemans owner Otto Group unveils leadership succession plan

​Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Superdry in talks on new multimillion pound loan – report

Superdry in talks on new multimillion pound loan – report

​Superdry may be in negotiations about its founder taking it private, but the firm also has major funding needs on an ongoing basis and a report Monday said it's discussing an extra loan of around £10 million with Hilco.
Fashion
New John Lewis strategy will "laser-focus" on retail says CEO, profits return expected

New John Lewis strategy will "laser-focus" on retail says CEO, profits return expected

​John Lewis Partnership is predicted to announce a return to profit later this week, while it has also emerged that its CEO has said the firm will in future be “laser-focused” on retail.
Fashion
Giant trousers haven’t swallowed skinny jeans (yet)

Giant trousers haven’t swallowed skinny jeans (yet)

Indeed, look around and you might believe that baggy fits have put the final nail into the coffin of skinny jeans. But retailers and consumers shouldn’t get too comfortable in their big pants.
Fashion
Matches to go into administration following purchase by Frasers

Matches to go into administration following purchase by Frasers

​In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
M&S confirms Bickerstaffe planned retirement from Co-CEO job

M&S confirms Bickerstaffe planned retirement from Co-CEO job

​M&S has confirmed yesterday’s reports that Katie Bickerstaffe — its Co-CEO — is to exit the retailer this year with the firm’s announcement stressing the planned, amicable nature of her departure.
Fashion
Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

​Hugo Boss’s results report on Thursday showed just how strong the German high-end fashion giant is, with 2023 being a record year for the business and further improvements predicted for FY24.
Fashion