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Studio Retail sales soar, ends sale process

Studio Retail sales soar, ends sale process

​Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Fashion
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Fashion and beauty e-commerce orders fall as retail reopens

Fashion and beauty e-commerce orders fall as retail reopens

​It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.
Fashion
PrettyLittleThing opens Saudi Arabia webstore

PrettyLittleThing opens Saudi Arabia webstore

​Boohoo Group’s PrettyLittleThing (PLT) label has just launched a new webstore in Saudi Arabia targeting the same 16-to-35-year-old customer that its core UK site reaches out to.
Fashion
Mr Porter's Mr P is latest brand to add plant leather shoes

Mr Porter's Mr P is latest brand to add plant leather shoes

​The move to using plant-based Materials in place of leather by high-end labels is accelerating and the latest to join an expanding group of brands doing so is Mr P. That’s the in-house brand of the Mr Porter e-store.
Fashion
Steve Madden acquires remainder of European joint venture

Steve Madden acquires remainder of European joint venture

The American footwear, accessories and apparel group announced on Wednesday that it has completed the acquisition of the 49.9% share that it did not previously own of its European joint venture.
Fashion
Kohl's settles with activist group, adds three new directors

Kohl's settles with activist group, adds three new directors

Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
Fashion
Hobbs in profit again in latest fiscal year, but that was pre-pandemic

Hobbs in profit again in latest fiscal year, but that was pre-pandemic

​Womenswear brand Hobbs has filed its accounts for the year to the end of March 2020 and said that prior to the impact of the pandemic, the company had been performing in line with its forecast expectations. 
Fashion
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Clothing strength continues online, but year-on-year comparisons are easy

Clothing strength continues online, but year-on-year comparisons are easy

​Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
Fashion
Boohoo buys West End property, keeps London-based brands in the city

Boohoo buys West End property, keeps London-based brands in the city

​Boohoo announced on Tuesday that it has acquired a new office in Soho, London, for £72 million. The offices are at 10 Great Pulteney Street.
Fashion
Fashion fares badly in March - Barclaycard report

Fashion fares badly in March - Barclaycard report

UK consumer spending fell 7.2% in March compared to the same period in 2019, as lockdown continued, Barclaycard said on Tuesday.
Fashion
Sales and profits are impressive at JD Sports, despite pandemic

Sales and profits are impressive at JD Sports, despite pandemic

JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
Fashion
Shoppers in England and Wales flock to physical stores on reopening day

Shoppers in England and Wales flock to physical stores on reopening day

They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
McArthurGlen opens Designer Outlet West Midlands

McArthurGlen opens Designer Outlet West Midlands

​April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
Fashion
Monsoon opens new concept store, will be first of many

Monsoon opens new concept store, will be first of many

​Monsoon has chosen the big reopening day for much of the UK to unveil its new store concept, which will be the first of a new chain of boutique stores. 
Fashion