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M&S to press ahead with self-service till rollout
M&S is on a mission to cut costs by more than £400 million over the next five years, and among a raft of store initiatives is a plan to roll out hundreds more self-service tills.
Fashion
Nap Dress label Hill House Home launches in UK
American label Hill House Home — known for Nap Dresses — has opened its first international warehouse and a UK webstore as it aims to capitalise on the US dress trend that it sparked outside of its original market.
Fashion
Long Tall Sally launches new campaign with star netball team
Long Tall Sally has linked up with Loughborough Lightning Netball Team in a campaign collab that “aims to celebrate and empower women in sport while promoting inclusivity, diversity, and body positivity”.
Fashion
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Fashion
Uniqlo denies Russia exit plan, says no change to current suspension
Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.
Fashion
Nike makes key changes to leadership team to drive growth
Nike has unveiled big leadership changes to help it “streamline our focus across product, brand storytelling and marketplace, while building long-term growth and profitability”.
Fashion
Guess swings to loss on lagging Americas retail, wholesale revenues
Guess Inc. announced on Wednesday revenues for the first quarter decline 4% to $569.8 million, on the back of plunging U.S. retail and wholesale sales, partially offset by a surge in retail sales in Asia.
Fashion
Fast-fashion giant Shein plans Mexico factory
Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters.
Fashion
Abercrombie & Fitch jumps on surprise profit, sales forecast raise
Abercrombie & Fitch Co on Wednesday posted a surprise quarterly profit and lifted its full-year sales forecast, as the clothing retailer banks on its efforts to fill shelves with in-demand goods.
Fashion
American Eagle cuts annual revenue forecast on weak apparel demand
American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as apparel demand wavers due to still-high inflation, sending shares of the company down 15% after the bell.
Fashion
Balmain and Olivier Rousteing celebrate the Pre-Fall 2023 collection with New York-style fete
The French creative director welcomed VIP clients, fashion influencers, and press to view his collection that bows this month.
Fashion
Barbour gets new UK MD as US chief Wilkinson adds to his role
Barbour has a new MD for its core UK and Ireland market with the upscale British label promoting Paul Wilkinson from within its ranks.
Fashion
Hayley Menzies opens on Carnaby's Newburgh Street
London’s Carnaby continues to be a magnet for fashion independents with contemporary luxury brand Hayley Menzies choosing the Shaftesbury Capital operated area for its second London store.
Fashion
Anine Bing opens in Covent Garden
Los Angeles-based fashion house Anine Bing has unveiled its new store in London’s Covent Garden, the brand’s third UK retail space.
Fashion
Kaporal is the subject of five takeover bids, which will be examined on June 22
In receivership, the fashion chain is attracting interest from five potential buyers, including current Kaporal managers, the brand's founder Laurent Emsellem and Le Temps des Cerises.
Fashion
Outdoor clothing brand Passenger gets new investment
Passenger, a UK-based outdoor clothing brand, is gearing up for faster expansion following an investment round that saw £15 million being pumped into the business.
Fashion