All Fashion articles – Page 67
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News
Marks & Spencer posts ‘strong Christmas growth’ as food and fashion sales climb
Marks & Spencer has reported that its food business “outperformed” over Christmas and it saw “outstanding” results in clothing and home.
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News
Exclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
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News
JD Sports upgrades profit expectations as Christmas sales soar
JD Sports said it expects full-year profits to come in at the very top end of expectations after its sales doubled over the Christmas period.
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News
Sosandar sales soar as every product category grows in record quarter
Sosandar has recorded a surge in sales across every product category on its website and through third-party collaborators, including John Lewis, Next and Very, in a record quarter for the company.
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News
Shoe Zone sales and profits rise after ‘very positive year’
Shoe Zone achieved a rise in revenues and earnings last year, when stores performed strongly.
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Opinion
‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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News
December sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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News
N Brown reaches £50m legal settlement with insurer
JD Williams-owner N Brown has announced it is to settle an ongoing legal dispute with Allianz Insurance for £49.5m by the end of the month.
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News
Retailers ‘deeply dishonest’ about January Sale prices
Almost half of products were more expensive at the start of the year than in the latter half of 2022.
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Innovation of the Week
Innovation of the Week: H&M launches experimental metaverse experience
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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News
Seasalt enjoys record Christmas store trading but warns of online challenges
Cornish fashion brand Seasalt hailed record in-store trading over Christmas but warned online sales would continue to be challenging in 2023 due to macroeconomic conditions.
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Gallery
Store gallery: 66°North’s first store outside the Nordics
Founded in 1926, 66ºNorth is one of Iceland’s oldest apparel manufacturers and it has finally branched out of the Nordics and opened its first store in the UK.
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Analysis
Analysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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News
Trouva acquired by personal shopping platform Re:store
Trouva, the online marketplace for independent brands, has been bought by Cambridge-based digital personal shopping platform Re:store for an undisclosed sum.
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News
Next ups profit guidance as Christmas sales beat expectations
Fashion powerhouse Next has increased its earnings guidance after a strong Christmas performance.
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News
Gymshark and Boden founders recognised in new year honours
Gymshark founder and chief executive Ben Francis has been awarded an MBE for services to business in the 2023 new year honours list.
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News
Fashion sector pays tribute to icon Vivienne Westwood
Tributes have poured in overnight from across the fashion sector following the death of the “undisputed queen of British fashion” Vivienne Westwood.
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Analysis
Buys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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News
Joules owed more than £100m when it hit the wall
Fashion retailer Joules was nearly £114m in the red when it collapsed last month.
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News
Asos shareholders urged to rebel at AGM next month
Troubled online fashion giant Asos faces the prospect of a shareholder rebellion at next month’s AGM.