Another day, another fine and a severe reprimand for a retailer’s auditor. Grant Thornton has been fined £1.3 million for “serious failings” in basic auditing of sportswear retail giant Sports Direct.
Recovering fashion retailer Esprit Holdings is planning an Asian comeback and a focus on higher quality rather than the fast-fashion strategy that failed to score a hit with consumers.
Fashion retailer In The Style Group has said revenue in the year to the end of March rose strongly, while gross profit was also up, but it made a net loss during the year and it warned of tough conditions out there.
No wonder Manolo Blahnik calls it “remarkable” and “outstanding”. It’s taken 22 years, but the UK-based luxury footwear designer has won a landmark trademark dispute in China.
It’s all change at Matchesfashion with the online luxury retailer having recently named its new CEO and on Tuesday unveiling Stuart Hill as its new COO.
Recovering Austrian intimates specialist Wolford has announced the exit of its chief operating officer Andrew Thorndike.
More and more brands are opening cafés and restaurants, following in the footsteps of Vuitton, Dior and Gucci, to capitalize on the gastronomy craze.
Frasers Group is never far away from mulling an acquisition, or at least heading the media rumour mill in one. So Monday brought news the UK group may be making a play for online fast-fashion retailer I Saw It First.
Jigsaw has joined the ever-growing list of fashion brands taking the rental and resale route to improving sales/profits/sustainable visibility, launching ‘Jigsaw Forever’ in partnership with luxury platform My Wardrobe.
One of Britain’s fastest-growing smaller companies — AYBL Group — has reported record turnover for the latest year with the company’s sales rising 124% to reach £23.1 million.
Global footwear brand Aerosoles announced on Friday its expansion into men’s footwear via a new licensing agreement with Orly Corporation.
If you’re going to sign up an athlete to endorse your running shoes, why not make it the fastest woman alive? Puma has done just that, signing five-time Olympic champion and fastest woman alive Elaine Thompson-Herah
Shares in Burberry and Richemont slumped on Friday, hit by concern over the damage to the luxury industry from China's COVID-19 lockdowns as dismal GDP data from the country cast a gloomy outlook for the future.
Fast Retailing shares surged to the highest level this year in Tokyo trading on Friday after the owner of mega-brand Uniqlo posted a record quarterly profit and raised full-year forecasts.
Shopping centres haven’t let the grass grow under their feet since lockdowns ended. In fact, collective investment across the UK sector jumped 170% in the first half of 2022 on the same period last year, new data shows.
