All Fashion articles – Page 119
-
NewsSuperdry stake snapped up by activist investor
Hedge fund Gatemore Capital has acquired a stake in Superdry and cited confidence in chief executive Julian Dunkerton’s vision for the future of the business.
-
NewsMatalan crashes to first-quarter loss as lockdown hits bottom line
Matalan has tumbled into the red on its first-quarter result as boss Jason Hargreaves described coronavirus as “the biggest challenge ever faced by the sector”.
-
NewsTed Baker encouraged by recent trading and online growth
Ted Baker has reported “resilient trading” despite the impact of the coronavirus pandemic and is encouraged by progress on its transformation plan.
-
NewsMarks & Spencer axes 950 jobs as it ‘accelerates transformation’
Marks & Spencer is to cut almost 1,000 jobs as it reshapes operations through the ‘Never the Same Again’ programme unveiled as the coronavirus pandemic hit.
-
NewsAsos and Next call for government action on UK worker exploitation
Fashion retailers including M&S and Missguided, alongside 50 MPs, have written to the Home Secretary urging that action be taken to address exploitation in the UK fashion supply chain.
-
AnalysisGoodbye Piccadilly, farewell Leicester Square: Where are retail’s new property hotspots?
People are travelling less, working from home more and less inclined to congregate in busy public spaces – will this change where retailers want to open stores?
-
NewsBFC calls on government support to save fashion industry
The British Fashion Council has warned the government of the “stark reality” of the pandemic on the sector, wiping out all growth from the last decade and costing hundreds of thousands of jobs.
-
Opinion‘The most important thing a CEO can do right now is ask for help’
Retail is going through unprecedented times. Bosses in the sector should swallow their pride and ask for help because there’s plenty of people willing to lend a hand, says former White Stuff boss Sally Bailey.
-
AnalysisThe Big Question: Should fashion retailers stop sourcing in Leicester?
Leicester is in the spotlight again following allegations of unsafe working conditions and suppliers paying below minimum wage with links to Boohoo and Quiz. Industry experts weigh in on whether it is time for fashion to pack up in Leicester or double down on tackling the problems.
-
Opinion‘Asos ticks the boxes for success in turbulent times’
Online fashion trailblazer Asos’ trading update this week was a sparkling exception that proved the generally dismal rule that the retail industry right now is under the cosh as never before.
-
NewsMPs challenge Boohoo for ‘turning a blind eye’ to Leicester sweatshops
In a letter sent to Boohoo founders Mahmud Kamani and Carol Kane, MPs have called out Boohoo for falsely claiming no knowledge of the illegal working practices in their Leicester supply chain.
-
NewsNext fends off M&S to close in on Victoria’s Secret deal
Fashion giant Next has agreed an outline deal to snap up the Victoria’s Secret business in the UK.
-
NewsBurberry to cut hundreds of jobs due to pandemic’s ‘severe impact’ on sales
Luxury goods retailer Burberry has announced plans to cut hundreds of jobs as it attempts to recover from the effects of the coronavirus on its sales.
-
NewsAsos sales surge during lockdown as international markets drive growth
Asos has posted a jump in sales during the coronavirus lockdown and said it expects to deliver “strong profit growth” across its financial year.
-
AnalysisData: Top 20 retailers to work for in the UK – according to employees
The past few months have been a difficult time for all, which makes it more important than ever for retailers to be good, responsible employers and take care of their staff. Retail Week has teamed up with Glassdoor to find out where employees think the best places to work in retail are and why
-
NewsJune retail sales and customer spend show green shoots of recovery
In June, retail sales registered the first increase since lockdown began with the highest rate of growth since May 2018, but BRC chief executive Helen Dickinson warned retail is not out of the woods yet.
-
NewsFreemans sets off on new course with Julien Macdonald deal
Home shopping specialist Freemans Grattan Holdings has signed an exclusive collaboration with designer Julien Macdonald as it kicks off a new strategy.
-
NewsNational Crime Agency scrutinises Leicester slavery allegations as Boohoo investor bails
The National Crime Agency (NCA) is looking into reports of modern slavery in the Leicester textile industry, following newspaper allegations involving etailer Boohoo.
-
GalleryStore gallery: Nike opens tech-driven Rise concept store in China
Nike’s latest concept store opened in Guangzhou, China, this week using a “member-first” approach to bring a host of new tech features to customers.
-
NewsNo-deal Brexit will hike up prices for essential items, BRC warns
The British Retail Consortium (BRC) has warned that prices on food and clothing will inevitably rise if the government and the EU cannot agree on a tariff-free Brexit agreement before the end of October.