Matalan revenues rose fast in Q2 but could have risen faster if not for supply chain issues. The company is staying cautious as logistics problems frustrate efforts to get the product customers want into its stores.
Singapore-based classified marketplace Carousell Group announced on Monday the acquisition of Ox Street, one of the fastest growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia.
There's been a debate around whether consumers will return to traditional office clothing after having worked from home in comfy loungewear, and current shop and search behaviour is giving us plenty of clues.
The Californian skate brand has teamed up with the New York-based streetwear label founded by former Supreme brand director Angelo Baque to launch a collaborative collection reimagining the Classic Sk8-Hi.
Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
Clarks had a tough time of it last year, as did many others in the footwear sector. Sales plummeted and its losses in the 12 months to January 2021 grew. But the firm is upbeat about the future under its new ownership.