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Barbour improves profits despite lower revenue
Barbour's accounts for the year to the end of April show falling revenues after it had enjoyed a strong increase in the prior year. But profits rose, a turnaround from the last year when revenue jumped but profits fell.
Fashion
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Hush has another disappointing year but eyes expansion
Hush Homewear’s results for the year to the end of March showed the women’s lifestyle company going through another tough year with it saying its performance was “below expectations”.
Fashion
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China's Alibaba to sell Sun Art stake to DCP for $1.6 billion
China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 billion ($1.58 billion).
Fashion
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Greece announces campaign against 'website addiction'
Greece on Monday announced a campaign to protect teens from "website addiction" after a similar move by Australia targeting social media companies last month.
Fashion
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UK retail job losses surged in 2024, more to come in 2025 - report
Job losses in UK retail topped almost 170,000 this year after the collapse of major high street chains, according to data from the Altus Group/Centre for Retail Research.
Fashion
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Average age of M&S customers drops as its image improves
A brand for older women no more. The icing on M&S’s turnaround cake is that younger women are again perceiving the high street retailer as the place to shop for fashion.
Fashion
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M&S unveils new campaign for Goodmove after strong year
M&S has released the latest collection for its successful Goodmove activewear label with a new campaign starring ambassador Alex Scott.
Fashion
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Barclays says lipstick effect still key for consumers, but fashion is struggling
Barclays has released UK data looking back at 2024 and perhaps the key point is that while clothing stores’ transaction volumes grew 3%, spend growth was nowhere to be seen with spend down 0.2%.
Fashion
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Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
Fashion
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China Dec factory activity expands at slower pace as trade risks rise
China's manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may take more time to lend support as fresh trade risks loom.
Fashion
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Chanel and M&S leaders named in UK's New year's Honours list
A number of business leaders — including the CEO of Chanel and the fashion chief at M&S — have been honoured by the King in the New Year’s Honours for “innovation, excellence and leadership in growing the UK economy”.
Fashion
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Puma releases Jack Grealish video to support Future 8 launch
Sports giant Puma has just launched a new video in celebration of the Future 8 Launch Edition football boot, the eighth generation in its Future series.
Fashion
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US retail returns hit a high and fraud runs riot
Retailers work hard to ensure consumers have the products they really want put in front of them, but shoppers continue to return a large percentage of the goods they buy and worse still, returns fraud is on the rise
Fashion
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Former Woolovers business Wourth Group revenue soars, but acquisition costs dent profit
Wourth Group — the company that used to be known as Woolovers — has filed its results for the year to the end of March with the figures showing that revenue increased substantially as it made acquisitions.
Fashion
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Zalando report claims e-tailer has huge economic impact across Europe
It may not be headline news, but Zalando has commissioned new research to highlight the impact it makes on Europe’s economy and the numbers it has come up with are impressive.
Fashion
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High-profile designer moves show how much luxury is hurting
Fashion people are obsessed with designer moves. Earlier this month, Chanel named Matthieu Blazy as its new top designer in a round of musical chairs that has also seen Hedi Slimane leave Celine and Kim Jones exit Fendi.
Fashion