The Foschini Group is boosting its presence in the UK and international fashion sector with news that it will add Hobbs, the middle market womenswear retailer, to a portfolio that includes Whistles and Phase Eight.
How bad was UK retail last month? On the footfall front it was very bad indeed. Ipsos Retail Performance’s Retail Traffic Index showed store visits dropping 9.1%. But was it a sign of worse to come or a one-off blip?
The retail environment may be tough but Dr Martens seems to be prospering with it saying Monday that revenue soared 25% to just over £290m in the year to March. Underlying profit rose an even bigger 27% to £37.5m.
Zalando is on a roll with the e-tail giant reporting a sales surge just a day after UK peer Asos did so. And it’s following Asos into beauty e-tail as it aims to tap into one of the key growth categories for e-sales.
The Shop at Bluebird on London’s King’s Road held a launch event for its key autumn pop-up on Thursday with the concept store hosting a three-week link with sustainable luxury fashion e-commerce platform Rêve En Vert.