Fashion
The latest news
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
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
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
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
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
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
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
David Beckham companies see rising profits as star continues to make an impact globally
Accounts for the companies that own and operate the David Beckham brands and businesses showed another successful year in 2023.
Fashion
Quiz says December still weak in-store, reports half-year loss
We’ve had several updates from Quiz in recent weeks so nobody’s under any illusion about its performance. But it has now released half-year results plus a December update, underlining the problems it’s been facing.
Fashion
Nobody’s Child launches first bridal collection
Entering the bridal category is something of a rite of passage for brands on reaching a certain level of awareness and the latest label to do so is Nobody’s Child, which has just launched its first bridal collection.
Fashion
Perfect Corp acquires Farfetch's Wannaby
Perfect Corp has acquired Farfetch’s Wannaby operation — known as Wanna to its consumer users — as it continues to expand its fashion and beauty tech offering.
Fashion
Boxing Day footfall dip is bad news for UK retail
Footfall figures have already suggested the hoped-for pre-Christmas rush happened but wasn’t as frantic as hoped and now more data tell us the appetite for post-Christmas sales isn’t as great as expected either.
Fashion
Trump asks Supreme Court to pause law that could ban TikTok
President-elect Donald Trump has urged the U.S. Supreme Court to pause implementation of a law that would ban popular social media app TikTok or force its sale.
Fashion
Critically distressed UK retailer numbers surge - report
Retailers continue to struggle and the number in critical financial distress was up 25% in the latest quarter compared to the three months before it, according to insolvency specialist Begbies Traynor.
Fashion
China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census.
Fashion
Target's holiday advertising push will only take it so far, investors say
In the most competitive holiday season in years, major U.S. retailers Target and Walmart are spending more on ads to reach shoppers on short-video app TikTok and streaming platforms.
Fashion