LK Bennett has seen some challenges of late but the fashion retailer believes its turnaround is on track, despite more red ink last year. E-sales are surging at home and in the US and it's opening stores in new markets.
It was a tough year for Bonmarché as the weather, too much casualwear, too little newness and a reliance on China for supplies hurt its ability to react to trends, even if its target customer is not trend-obsessed,
Big chains and brands must learn from the more dynamic smaller players in the market, to think about technology, tap into their customers' lifestyles and avoid the squeezed middle says brand strategy guru Camilla Crane.
Primark will open its biggest UK store before Christmas next year in the centre of Britain’s second city, Birmingham. It comes as Birmingham continues to secure its status as a key shopping destination.
UK consumers are moving their fashion spend online and more of their total spend is leisure-focused with new figures from PwC and LDC showing fashion retail losing out last year as more stores than ever closed.