Debenhams shares jump as turnaround gains pace Retail Shares in Debenhams bounced on Monday as the fashion giant reported better-than-expected performance as it said it is making “significant progress” on its turnaround. Debenhams Group, which was renamed from Boohoo last year, said its underlying earnings grew by 76 per cent in the last six months after the retailer slashed costs and revamped its [...]
Next: Iran war costs retailer £15m and could push up prices Retail High street giant Next has said it will take a £15m hit from the soaring air freight and fuel prices caused by the Iran war, as it races to make savings elsewhere to offset the costs. The FTSE 100 firm said it expects the conflict to constrain its growth in the Middle East, which accounts [...]
Matalan gets £25m investment boost for store upgrades Retail Clothing retailer Matalan has secured a £25m funding boost from its investors despite facing falling revenue and job losses last year, City AM can reveal. The firm’s core investor group – Invesco, Tresidor, Man Group and Napier Park – have committed the funding to accelerate the retailer’s plans to revamp its stores. The funding boost [...]
Debenhams clinches equity raise after share price spook February 19, 2026 Debenhams Group successfully closed its equity fundraise above its initial £35m target despite a stock market spook which saw its shares drop by 20 per cent. The fashion group, which recently rebranded from Boohoo Group, had pitched the equity raise as central to its turnaround from significant struggles in recent years. Debenhams Group, which owns [...]
eBay snaps up second-hand fashion app Depop in $1.2bn deal February 19, 2026 Online seller eBay has struck a deal to purchase online fashion marketplace Depop for $1.2bn (£890m). The cash deal, expected to be completed by the middle of this year, comes just five years after the second-hand clothing app was acquired by craft marketplace Etsy for $1.6bn (£1.18bn). Peter Semple, Depop’s chief executive, hailed the sale [...]
Fashion bosses back AI as their staff fear for their jobs February 12, 2026 Scroll through LinkedIn and you will see fashion bosses talking up AI as the next industry growth lever. But turn to their teams, and the picture becomes less rosy. A Vogue Business survey of over 300 fashion professionals found 43 per cent feel ‘positive’ or ‘very positive’ about AI’s future impact on their careers. Thirty [...]
How to look fabulous on your ski holiday (and save thousands) February 5, 2026 Renting skiwear is the latest slopeside trend. Anna Moloney puts it to the test on a ski holiday at A Winter Garden festival.
Debenhams to retain Pretty Little Thing as fast fashion brands recovers January 28, 2026 Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]
Associated British Foods shares slide after Primark sales slump January 8, 2026 Shares in Associated British Foods (ABF), the owner of Primark, tumbled in early trading on Thursday morning after the FTSE 100 giant warned of a “difficult trading environment” and downgraded the fashion retailer’s growth forecasts. ABF, which owns the chain alongside its wholesale food business, said like-for-like sales across continental Europe declined as much as [...]
On: Sales surge by £40m before Ibiza Final Boss viral boost December 19, 2025 Sales at sports clothes and shoes brand On in the UK jumped by £40m in the year before it went viral thanks to the ‘Ibiza Final Boss’. The brand was caught up in a social media sensation earlier this year when the ‘Ibiza Final Boss’, real name Jack Kay, was captured on video dancing at [...]