Department store numbers have plummeted in England over the last decade. And it looks like they'll continue to fall as House of Fraser prepares to shut a number of stores and as Debenhams also plans closures.
After a hiatus of three seasons, Raf Simons is to return to Paris to stage his next menswear show. He will present his Spring/Summer 2019 collection in the City of Light on Wednesday, June 20 at 9.30 p.m.
M&S had some good news Wednesday as it reported more customers, higher e-sales and improved Clothing & Home margins. But all other figures were poor as it spent heavily to force through the change it desperately needs.
Matchesfashion went from strength to strength in the year that it was bought out with revenues up 44% and profits up 34%. And importantly, as much as 82% of its business was generated outside its home market, the UK.
UK fashion e-tail was stronger than ever in April, helped by sunshine and less of a squeeze on consumer incomes. E-tail benefitted more than physical stores as fundamental changes in the retail sector continued.
Sainsbury's has announced that it will buy Asda with the latter's owner Walmart taking a big stake in the combined firm. And both chains will continue, which means the Tu Clothing and George lines will carry on too.