There is confusion surrounding Jaeger as the week starts with its owner selling the brand's debt and a pre-pack administration deal said to be imminent. That would guarantee its future but most stores could close.
UK consumer confidence continued in negative territory in March with GfK’s monthly survey sticking at a reading of minus six. But analysts said it's too early to tell whether that negativity will mean lower spending.
Tory Burch has become the latest big international name to endorse London’s Regent Street as the key London shopping street for flagship stores with a two-storey location close to Coach, J Crew and Michael Kors.
Two more major Banana Republic stores shutter their doors following the recent announcement that Mark Breitbard would become the new president and chief executive officer of the struggling brand starting in May.
The woman who launched one of Britain’s best known fashion chains has been declared bankrupt after being unable to pay a £6m tax bill. Karen Millen is also alleging fraud by the firm that bought the company she founded.