Seraphine lowers full year profit expectations despite rise in sales
International maternity brand Seraphine has issued a profit warning today, despite the company seeing a 45% sales growth in the 17 weeks to 30 January 2022. Seraphine noted that February had so far...
View ArticleUK footfall bounces back from Storms Dudley and Eunice
Footfall across all UK retail destinations rose by 11.1% last week, 20-26 February, compared to the week before when it dropped by -3.8%, signalling a big bounce back following Storms Dudley and Eunice...
View ArticleTom Ford to present Autumn 2022 collection digitally
Tom Ford has announced that he will show his Autumn 2022 men's and women’s ready-to-wear collections digitally on 3 March, coinciding with Paris Fashion Week. The collection will be presented on the...
View ArticleFashion and lifestyle continue to boost overall sales
Total like-for-like sales soared by 48.31% in the week ending 6 March 2022, compared with +4.53% for the same week last year when the UK was still in Lockdown 3. Strong performance from fashion and...
View ArticleAmerican Eagle and Aerie pull plug on Carnaby store openings
The American Eagle and sub-brand Aerie’s store openings, which were originally due to happen on Foubert’s Place just off London’s Carnaby Street in December 2021, have now fallen through as AEO EU –...
View ArticleAlexa Chung closes her eponymous label
Model and TV-personality star Alexa Chung has confirmed that she has been gradually winding down operations at her fashion label ALEXACHUNG. Chung shared the news on her Instagram, stating that she had...
View ArticleCrombie saved by new owners aiming to “inject new energy”
Heritage British brand Crombie has been acquired by new owners Crombie 1805 Ltd for an undisclosed sum, headed by Managing Director Gordon Ritchie and backed by private investors. Crombie ceased...
View ArticleMoss Bros to open 10 new stores this year as post-COVID recovery continues
Formal menswear brand Moss Bros has reported its full year results for 2021, revealing that it has doubled down on its physical store presence as it continues to recover from the pandemic. For the year...
View ArticlePepco revenues rise, highlighting the impact of 'global disruption'
Pepco Group has reported its results for the second quarter and first half of the financial year, ending 31 March 2022, highlighting the impact of "global disruption" from COVID-19 and the Ukraine war....
View ArticleThe White Company sees 21% boost in revenues for 2021
The White Company has released its annual report for the 52 weeks ending 31 July 2021, revealing revenues reached £271 million, a 21% increase against 2020. Results: Total Turnover of £271 million, a...
View ArticleFatFace hires bankers as it mulls potential sale
British lifestyle brand FatFace has reportedly hired Rothschild bankers as it considers its strategic options, which could include a potential sale. In 2020, during the global pandemic Fat Face...
View ArticleAlmost 650,000 UK retail jobs lost since 2017
Almost 650,000 jobs have been lost in the UK’s retail sector over the past five years, according to new figures. It comes as industry experts are calling on the Prime Minister for caution over business...
View ArticleWholesale and retail businesses “most successful” after pandemic
New research has revealed that the wholesale industry prospered the most post-pandemic when compared with other industries studied, while businesses in retail were found to be the next most successful....
View ArticleStella McCartney and LVMH unveil the STELLA responsible skincare line
Stella McCartney and LVMH's beauty division have unveiled STELLA by Stella McCartney, a new line offering an alternative to luxury skincare, which they have branded "Alter-Care". In keeping with the...
View ArticleMonsoon launches Monsoon Bazaar marketplace for design-led and sustainable...
Monsoon has entered the marketplace arena with a new platform uniting a selection of hand-picked design-led and sustainable brands, Monsoon Bazaar. The platform, described as "a distinctive and...
View ArticleAmazon CEO confirms back-to-office policy to better serve customers
Amazon’s CEO Andy Jassy has input a new back-to-office policy in order to better "serve and invent on behalf of customers". Over the course of the pandemic, the Amazon team was able to observe various...
View ArticleRixo sees turnover rise almost 70% in 2022
Womenswear label Rixo has reported a strong post-pandemic comeback with turnover rising 69.7% during the financial year ending 20 June 2022. Rixo operates its business through its independent stores,...
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Zara partners with Wallpaper* to launch travel guides curated during lockdown
Raising brand awareness through coffee table flick-throughs, Zara has joined forces with Wallpaper* to launch a series of travel guides for five off-the-beaten-track adventures. The ‘Where To Now’...
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Suppliers and staff left out of pocket following collapse of Julien Macdonald
Suppliers and workers, from seamstresses to stylists, have been left out of pocket after Julien Macdonald’s debt-ridden label was forced into liquidation. In late July, the news broke that Julien...
View ArticleTod's CEO assures there are no plans to "sell anything"
Earlier this month, the founders of Tod’s accepted a bid made by private equity firm L Catterton to take the company private. However, the CEO confirms he has no plans to sell the family business....
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