All Fashion articles – Page 60
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Opinion‘As Shein ponders IPO, is the “next Shein” already coming up the inside track?’
A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
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NewsIkea’s property arm buys Parisian shopping centre to expand Livat format
Ikea’s property arm Ingka Centres has confirmed its acquisition of the Italie Deux shopping centre in Paris from retail property giant Hammerson, as well as its high-street extension Italik and the Apollo office complex.
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NewsMarks & Spencer hits out at ‘inaccurate’ reports of head office job cuts
Marks & Spencer has dismissed a report that it will cut hundreds of jobs at its London head office as “simply inaccurate”.
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Innovation of the WeekInnovation of the Week: H&M expands its plus-size offering in the US
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsSeasalt launches resale platform with sustainability specialist Reskinned
Cornish fashion brand Seasalt has announced the launch of a resale platform with sustainable pre-loved repair and resale specialist Reskinned.
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NewsPrimark announces pay increase for UK staff
Primark is to increase the hourly wage of its retail assistants across the UK, meaning around 26,000 colleagues will receive an average pay rise of 12%.
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NewsSweaty Betty announces job cuts as it looks to fuel long-term growth
US-based Wolverine Worldwide, which also owns Merrell, Sperry and Hush Puppies, has announced job cuts at Sweaty Betty to safeguard its long-term growth.
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NewsH&M group sales grow as it hails strong margins
H&M Group reported a strong performance in the first quarter of 2022, with operating profits of SEK 725m (£56.5m) and operating margins of 1.3%.
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AnalysisLord Wolfson poses ‘the big question’ for Next’s long-term future
Next chief executive Lord Wolfson this week asked the provocative question of whether the business should now be seen as mature or if it still has strong growth prospects. Here are the takeaways from the bellwether retailer’s full-year results
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NewsNext delivers growth but budgets for profit drop next year
Next has delivered healthy growth in sales and pre-tax profits, but warned strong comparables in the first half would result in a decline in both metrics next year.
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NewsUpdated: Next bolsters brand portfolio with swoop on Cath Kidston
Fashion giant Next has added to its stable of brands with the acquisition of Cath Kidston for £8.5m.
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NewsMatalan names former Lidl and Co-op bosses as new chair and CEO
Fashion retailer Matalan has announced Karl-Heinz Holland and Jo Whitfield as the company’s new chair and chief executive respectively, with immediate effect.
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NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
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NewsAsos expands health and beauty offer with new ranges
Asos has expanded its Face + Body range, exceeding more than 200 brands by the end of May as “viral trends and products drive demand”.
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NewsLevi’s trials AI-generated models to ‘increase diversity’
Fashion retailer Levi’s has announced it will trial the use of AI-generated models in a bid to “increase diversity of models that shoppers see”.
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NewsExclusive: Snap launches new augmented reality tools for retailers
Snap has unveiled its Augmented Reality Enterprises Services (ARES), a collection of digital tools designed to help businesses integrate Snap’s AR technology into their ecommerce channels.
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NewsJoe Browns to create 200 new jobs as it ramps up UK store expansion
Joe Browns has ramped up its expansion plans and confirmed the opening of 10 new stores across the UK by the end of 2024, creating 200 new jobs.
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GalleryStore gallery: First look at Sports Direct’s latest Manchester flagship
Sports Direct is opening the doors to its third and newest flagship store in the country in Manchester’s Arndale shopping centre.
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NewsPrimark to open four new Tasty by Greggs cafes
Primark has extended its partnership with Greggs as it unveils the opening of four new in-store cafes in a bid to boost the customer experience.
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NewsSuperdry sells Asia-Pacific IP for $50m in growth push
Superdry has sold its Asia-Pacific intellectual property assets with the hopes of expanding its global reach while generating much-needed cash.