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Fenwick losses rise as lockdowns hit hard

Fenwick losses rise as lockdowns hit hard

​Higher-end department store group Fenwick was hit particularly hard during the pandemic, its latest set of results to the end of January show.
Fashion
Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Italian fashion house Cavalli said on Monday it would open a $545 million ultra-luxurious skyscraper in Dubai in collaboration with real estate developer Damac Properties, aimed at reviving the luxury brand.
Luxury
Hut Group sales soar again, THG Beauty to be listed separately

Hut Group sales soar again, THG Beauty to be listed separately

The Hut Group continued to go from strength to strength in the first half of the year with group revenue rising almost 45% to £958.8 million year-on-year, and rising 95% compared to the first six months of 2019 (2YoY).
Fashion
John Lewis sales improve but profits remain muted

John Lewis sales improve but profits remain muted

John Lewis Partnership’s half-year report on Thursday showed an improvement on the prior-year period but its results were still far below some of the figures it produced just a few years ago.
Fashion
H&M Q3 sales rise, now back at 2019 levels

H&M Q3 sales rise, now back at 2019 levels

H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion
Inditex is "early winner" in post-Covid world as sales bounce back

Inditex is "early winner" in post-Covid world as sales bounce back

Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
Fashion
H&M Home opens first French standalone in Paris

H&M Home opens first French standalone in Paris

​H&M has opened the doors of its first standalone store for its growing H&M Home concept with a debut in Paris at 14, boulevard de Capucines.
Fashion
Fashion's flight from Oxford St continues as IKEA tipped to buy Topshop flagship

Fashion's flight from Oxford St continues as IKEA tipped to buy Topshop flagship

​The number of fashion-focused shops on premier shopping thoroughfare Oxford Street looks like falling even further with news that IKEA is likely to take over the former Topshop flagship, in a key Oxford Circus position.
Fashion
Morrisons bid battle to go to auction

Morrisons bid battle to go to auction

​It looks like the battle to take over Morrisons will go to auction with the supermarket giant saying Wednesday it’s in talks with both the US private equity suitors that have tabled bids, along with the Takeover Panel.
Fashion
Ted Baker has mixed Q2 but is on the right path

Ted Baker has mixed Q2 but is on the right path

Fresh from news of its link up with Secret Sales, on Tuesday Ted Baker issued a Q2 trading update and said that sales have been in line with expectations and it's seen a “significant improvement” in the full-price mix.
Fashion
Fashion, department stores see strong August, weddings drive formalwear

Fashion, department stores see strong August, weddings drive formalwear

​Fashion sales in August were at their strongest since pre-pandemic levels and department store spending also saw a strong uplift last month, new figures from Barclaycard show.
Fashion
Barbara Palvin, Meghan Markle are biggest fashion and beauty influencers - data studies

Barbara Palvin, Meghan Markle are biggest fashion and beauty influencers - data studies

​Two new studies have hailed Barbara Palvin and Meghan Markle as the key influencers for women globally as far as fashion, beauty and general icon status are concerned.
Fashion
Department stores carnage: UK loses 83% in five years

Department stores carnage: UK loses 83% in five years

UK department stores have become an endangered species. The country has lost 83% of its main department stores since the collapse of the BHS chain in 2016, reflecting how hard the high street has been hit.
Fashion
Hollister expands Confidence Project to EMEA

Hollister expands Confidence Project to EMEA

​Abercrombie & Fitch’s Gen Z-focused Hollister brand has expanded its well-being initiative, The Confidence Project, to EMEA following its US launch last year.
Fashion
Schulman named CEO of Michael Kors, to become Capri Holdings chief in 2022

Schulman named CEO of Michael Kors, to become Capri Holdings chief in 2022

​Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Fashion
M&S buoyant as fashion demand recovers

M&S buoyant as fashion demand recovers

​There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.
Fashion