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UK consumer confidence turns negative

UK consumer confidence turns negative

UK consumer confidence has hit another low with the kind of fall not seen since the start of the pandemic, a new survey has shown.
Fashion
Companies will have to re-apply for Royal Warrants following the Queen's death

Companies will have to re-apply for Royal Warrants following the Queen's death

Following the death of Queen Elizabeth II, around 800 firms – including Burberry, Barbour, Gieves & Hawkes, Dunhill and Fortnum & Mason – will have to reapply to display their Royal Warrants.
Luxury
Mytheresa makes strides in Q4, will "remain agile" in face of volatile backdrop

Mytheresa makes strides in Q4, will "remain agile" in face of volatile backdrop

​Mytheresa’s Q4 and full-year results on Thursday showed accelerating growth in the final quarter of its financial year which meant general merchandise value (GMV) growth of 21.3% for the full 12 months.
Luxury
John Lewis swings to loss but says fashion is star category

John Lewis swings to loss but says fashion is star category

​John Lewis’s half-year results for the period to the end of July saw the John Lewis and Waitrose owner making a loss before tax and exceptional items of £92 million, compared to a profit of £69 million a year ago.
Fashion
THG hails progress despite investment meaning wider operating loss

THG hails progress despite investment meaning wider operating loss

​British e-tail giant THG announced interim results on Thursday and talked of “substantial progress” in H1 as it continued to build “a strong, sustainable global platform supporting THG brands and Ingenuity clients”. 
Fashion
Alarm sounds over Quintessentially's future as auditor raises second "going concern" warning - report

Alarm sounds over Quintessentially's future as auditor raises second "going concern" warning - report

Concerns over the future of Quintessentially grow as auditors for the luxury members-only concierge service fear takeover talks are getting nowhere with BDO issuing a second "going concern" warning.
Luxury
Mothercare sees “significant improvement” in profits

Mothercare sees “significant improvement” in profits

Mothercare’s ongoing move into an asset-light, global franchising business looks to be paying off big time, with it seeing a “significant improvement” in profitability for the 52-weeks to 26 March.
Fashion
UK consumer price inflation dips, but fashion prices still rising fast

UK consumer price inflation dips, but fashion prices still rising fast

​UK consumer price inflation eased somewhat in August. But while it dipped from the double-digit levels seen recently, it's still stubbornly high. And fashion prices continue to rise.
Fashion
Inditex powers ahead in first half, early H2 sales stay positive

Inditex powers ahead in first half, early H2 sales stay positive

​Inditex reported its first-half results on Wednesday and once again showed why it’s such a hugely successful fashion retail giant. It saw a “very strong operating performance” with sales and profits at “historic highs”.
Fashion
Felixstowe port workers plan second eight-day strike

Felixstowe port workers plan second eight-day strike

The next wave of UK port strikes is on the horizon, adding another layer of concerns for retailers in the run up to the Christmas trading period. Felixstowe is under the threat of a second eight-day strike this month..
Fashion
TJX's TK Maxx bounces back, wipes out Covid losses

TJX's TK Maxx bounces back, wipes out Covid losses

​Discount retailer TJX UK has announced its results for the 52 weeks up to the end of January and is clearly bouncing back from the pandemic, despite the latest accounts including some periods of Covid store closures. 
Fashion
Selfridges, Harrods, Next and many other stores to close on Monday for Queen's funeral

Selfridges, Harrods, Next and many other stores to close on Monday for Queen's funeral

​A large number of UK stores will be closed on Monday, which has been declared a public holiday to coincide with the Queen’s funeral. 
Fashion
Shock of Queen's death impacts retail footfall - Ipsos

Shock of Queen's death impacts retail footfall - Ipsos

It looks like UK retail footfall was impacted by the news of the Queen’s death last week with the latest figures from the Ipsos Retail Traffic Index showing an 11.6% week-on-week drop. 
Fashion
Maison & Objet: Creativity in all its forms

Maison & Objet: Creativity in all its forms

French and international visitors in attendance, creative brands from the worlds of object design, fashion and home decoration: the third post-Covid edition of Maison & Objet in Paris got off to a vibrant start.
Lifestyle
Frasers Group set to return to FTSE 100

Frasers Group set to return to FTSE 100

​Frasers Group will make a FTSE 100 comeback, rejoining the elite index of the biggest shares on the London Stock Exchange.
Fashion
Landsec COO to exit as property giant's strategy evolves

Landsec COO to exit as property giant's strategy evolves

Landsdec is moving to the next phase of its growth strategy. And that means there's no position for Chief Operating Officer Colette O'Shea. But she will remain COO until next March, leaving “after a transitional period”.
Fashion