Clearpay, the BNPL specialist, has made its in-store payment functionality available to small- and medium-sized businesses (SMBs) across UK high streets.
In a bid to return it its pre-pandemic-attraction highs, London’s West End is “back with a bang” this summer. The district is launching a a four-month campaign of 50 “uniquely thrilling experiences” for visitors.
Fashion e-tailer Missguided is teetering on the brink with administrators stepping in after creditors issued a winding-up petition. And a report claimed that e-tail peer Boohoo is working on a pre-pack rescue.
A new ‘Growth Index’ for the UK shows that fashion and retail businesses rank prominently among the top 100 British companies in terms of growth rates.
Asda’s sales went into reverse in Q1 as the privately held supermarkets giant that owns the George clothing label suffered against tough comparisons with the year ago period and also from inflation hitting hard.
Just six weeks after being bought in a rescue deal, shirtmaker TM Lewin has relaunched e-commerce. Currently carrying the reborn label’s initial SS22 range, additional lines are “to be added in the coming weeks”.
Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades.
American Eagle Outfitters Inc. announced on Thursday revenues for the first quarter inched forward 2%, as the youth apparel retailer's namesake American Eagle brand and online channel saw steep declines.
Victoria’s Secret & Co announced on Thursday the launch of a new curated digital platform that will connect customers to third-party brands that align with its values of innovation and inclusivity.
Gap slashed its annual results forecast on Thursday, sending shares 13% lower after hours as the clothing retailer blamed poor fashion choices at its Old Navy line and weak demand in the face of decades-high inflation.
Macy's raised its annual profit forecast on Thursday, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as red-hot inflation saps consumer spending power.
Jaime Bergel and Pedro Sainz de Baranda, who both own 70% of the company, have decided to put the sale of their company on hold. The process began earlier this year, hiring investment bank Arcano to find buyers.
On May 24, the textile industrial group Teijin Frontier unveiled a new technology that recycles dyed polyester fibres without reducing their quality.
UK retailer Superdrug has extended its partnership with lifestyle brand Skinnydip after a successful trial period. It also means the beauty specialist will be selling more non-beauty products, including fashion.
Cole Buxton is introducing what it calls “queue busting” technology to support the UK luxury sportswear brand’s global physical expansion beyond its core digital model.
