All Fashion articles – Page 54
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Analysis
Strategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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News
Asos launches incubator to ‘bridge gap’ for ethnic minority-owned brands
Asos has teamed up with The Fashion Minority Report to launch ScaleUP, a new programme to “help bridge the gap between the fashion industry and ethnic minority-owned brands”.
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News
Converse appoints new CEO and president
Footwear retailer Converse has named Jared Carver as the brand’s new chief executive and president, taking up the role today (June 1).
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News
M&S freezes school uniform prices for third year as cost-of-living crunch persists
Marks & Spencer has frozen the price of its school uniform as shoppers continue to struggle with the high cost of living.
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News
Dr Martens sales top £1bn but profits drop
Dr Martens sales have reached £1bn for the first time, but profits tumbled and “operational mistakes” in the US impacted its performance.
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News
Cotton Traders hails ‘most successful financial year to date’
Cotton Traders has reported its “most successful financial year to date” for 2022, as turnover reached a record high for the British heritage fashion retailer.
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Gallery
Store gallery: Flannels stages ‘one-of-a-kind’ Beyoncé pop-up shop
High-end fashion retailer Flannels has opened the doors to its “one-of-a-kind” retail concept and exhibition The Renaissance Flagship on Oxford Street, celebrating pop icon Beyoncé’s current world tour.
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Innovation of the Week
Innovation of the Week: Lululemon supports female athletes with Further research initiative
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Gallery
Store gallery: Zara unveils upgraded Westfield Stratford City store
Fashion powerhouse Zara has opened an extended branch in London’s Westfield Stratford City, which includes an automated collection point operated by a robotic arm among its new technology features, as the retailer seeks to create an ever more seamless omnichannel experience.
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News
Exclusive: Matalan names chief trading officer in newly created role
Matalan has appointed Ben Smith to the newly created role of chief trading officer with immediate effect as the retailer embarks on a transformation programme, Retail Week can reveal.
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News
Mango ramps up UK expansion plans with 13 new stores this year
Mango is continuing its expansion plans in the UK and expects to open 13 new stores this year.
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News
Asos refinances and seeks £75m from investors
Asos is looking to raise £75m in cash from shareholders and it has refinanced in an attempt to strengthen its balance sheet.
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Gallery
Store gallery: Marks & Spencer unveils ‘bigger, better’ branch in former Debenhams
Marks & Spencer has opened the doors of its latest full-line store, at the White Rose centre in Leeds – the city in which the business began as a market stall in 1884.
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Data
Ranking: Asos leads UK’s top 30 most productive retailers – find out why
Asos, Victorian Plumbing and Zalando are top of the productivity leaderboard, Retail Week’s new report reveals.
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Analysis
Machin at M&S one year in: ‘We are always positively dissatisfied’
“All new leadership teams need to arrive like a thunderclap whether they’re coming from inside or outside the business to create that new sense of direction, electricity, appetite for change,” said Marks & Spencer chair Archie Norman as the retailer unveiled full year results.
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News
Abercrombie & Fitch raises profit guidance as it delivers strong sales
Abercrombie & Fitch has increased its profit guidance after achieving ‘decade-high’ first-quarter sales.
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News
UK inflation takes a dip but food prices peak
UK inflation fell in April, but food inflation remained at an all-time high as prices of essentials peaked.
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News
Former John Lewis MD says retailer does not sell ‘proper suits any more’
Former John Lewis managing director Andy Street has spoken out about the partnership’s menswear collection, claiming it does not sell “proper suits any more”.
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News
Next store staff win ‘crucial’ stage of equal pay battle
Approximately 2,000 Next staff have won a “crucial stage” of their legal dispute to win equal pay with their counterparts in warehouses in a legal first.
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News
Asos launches first-ever rental collection in partnership with Hirestreet
Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.