All Fashion articles – Page 31
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News
LVMH profits and sales grow in ‘another historic year’ for Sephora
Luxury goods conglomerate LVMH reported a surge in sales and profits as beauty giant Sephora delivered an “exceptional performance” for the full year 2023.
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News
Exclusive: Matalan faces stock issues due to Red Sea shipping attacks
Fashion retailer Matalan is battling stock issues as a result of the attacks on container ships in the Red Sea, Retail Week can reveal.
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News
Farfetch investors worried over ‘value destruction’ from Coupang takeover
A group of investors behind Farfetch are concerned over the “value destruction” as a result of Coupang’s acquisition of the global ecommerce giant and have appointed advisers to evaluate their options.
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News
Superdry CFO steps down as it issues profit warning
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
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Interview
Q&A: By Rotation founder Eshita Kabra on transforming fashion consumption
As fashion-conscious shoppers increasingly opt to rent clothing, By Rotation founder and chief executive Eshita Kabra talks to Retail Week about the platform’s unique business model and the importance of fostering a considered and inclusive rental community for the future
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News
Marks & Spencer names new digital and international bosses
Marks & Spencer has appointed two executive directors to lead its digital and overseas operations.
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News
Puma posts sales increase but warns of challenges ahead
Puma has reported a sales increase during the 2023 full year despite warning of the ongoing “geopolitical and macroeconomic challenges” likely to persist in 2024.
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News
Dr Martens sales dip in ‘volatile’ quarter
Dr Martens has reported a decline in sales due to “volatile” trading during the third quarter but has held firm on profit guidance for the year ahead.
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Gallery
In pictures: New York City’s finest flagship stores
While attending NRF 2024: Retail’s Big Show in New York, Retail Week took a walk down the city’s most famous shopping street to take the temperature of some of retail’s finest flagships
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News
Boohoo shuffles top team as CFO Shaun McCabe steps down
Boohoo chief financial officer Shaun McCabe has stepped down from his role at the online fashion giant to be succeeded by Stephen Morana next month.
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News
Quiz posts dip in sales due to inflation
Quiz has posted a drop in sales over Christmas as the “negative impact” of inflationary pressures on consumers took its toll on the fashion retailer.
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News
Primark posts rise in sales over Christmas
Primark has posted a rise in sales across its UK, European and US markets despite a “slow start” to Christmas trading due to unseasonally warm weather.
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News
THG Ingenuity partners with fashion retailer Omnes 'to go to next level'
THG’s tech business Ingenuity Commerce has announced a new partnership with UK-based sustainable fashion retailer Omnes to fuel its growth plan.
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News
Boohoo warehouse closures imminent
Fast-fashion giant Boohoo is set to shut down its Northamptonshire-based distribution centre putting 400 jobs at risk, according to reports.
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Data
Exclusive: eBay was most popular secondhand platform over Christmas
eBay has topped Vinted and Depop to be named the most popular secondhand platform in December 2023 as demand for pre-loved gifting surged over Christmas.
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News
John Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.
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News
Birkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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News
Retailer pain from volume hit to December sales, ONS reports
Retail sales advanced by value in December but volume slid, official data shows.
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Gallery
Brazilian brand Farm Rio opens first European store on King’s Road
Brazilian fashion and lifestyle brand Farm Rio has opened its 100th international and first-ever European store on King’s Road, Chelsea, London.
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News
N Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.