As fashion rental services go this is claiming to be a UK first. US-based B2B rental tech platform CaaStle is expanding overseas to power a subscription rental service with UK menswear retailer Moss Bros from 20 April.
Fashion discounting is surging online ahead of a sales frenzy when stores reopen. And the former Kate Middleton continues to be the number one fashion influencer in the UK during lockdown, LovetheSales said on Tuesday.
The administrators of womenswear brand LK Bennett have received creditor approval to extend the administration process by 12 months. The extension was primarily sought due to “ongoing property matters”.
The news around LK Bennett may have gone fairly quiet since the failed company was acquired out of administration by its Chinese franchise partner, but it has emerged that the company owed almost £32m to creditors.
The problems are mounting for Jack Wills and now it seems that the company's owner is considering selling the brand. Reports said KPMG has been appointed as its advisor and is looking at all options for its future.