The European antitrust authority has carried out a series of surprise checks on a number of fashion labels, whose names have not been revealed, suspecting infringements to the EU’s competition regulations.
The designer’s eponymous label, known for its upcycled garments, is appointing Carol Girod as its first chief operations officer and Alya Nazaraly as marketing and digital director.
Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
M&S is ramping up availability for its hugely successful womenswear sportswear own-brand, Goodmove. The retail giant has just launched on Europe-wide premium activewear site The Sports Edit.
Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
In an interesting development, the new series of hit TV show Love Island sees it partnering with eBay UK to dress contestants in pre-owned clothes rather than the fast fashion that's the staple fare of the show.
The owners of Fat Face are believed to have taken on bankers to advise it about a sale of the UK-based clothing and accessories retailer.
The process to take over Ted Baker is continuing with the UK retailer on Monday announcing that it has selected a preferred bidder. But it didn’t say who that is.
High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”.
Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment.
Ross Stores announced on Thursday revenues for the first quarter declined for the three months ending April 30, on the back of a dive in comparable store sales, tumbling earnings for the quarter.
Foot Locker announced on Friday revenues for the first quarter inched forward 1%, partially offset by a 2% decline in comparable sales, as the footwear retailer recorded a dip in profits for the three months.
Ebay announced on Friday that it is setting up shop in Los Angeles for the opening of its first-ever sneaker store.
Designer Brands Inc. announced on Friday the appointment of Doug Howe as president of DSW Designer Shoe Warehouse and executive vice president of Designer Brands.
