Shein UK revenue hits £2.5bn despite IPO woes Retail Fast-fashion giant Shein took in more than £2.5bn in UK revenue last year as it tightens its hold on British shoppers despite its IPO woes. The e-commerce firm generated £2.58bn in revenue in 2025, newly published accounts show, as its pre-tax profit widened by 18 per cent to £45m. Proof of Shein’s growing presence in [...]
Why the tie is making a comeback Life&Style Once viewed as stuffy and outdated, the tie is staging a comeback. adam bloodworth explores how the corporate staple is being reclaimed by musicians and London’s underground club scene For generations of men, the tie was something you wore without thinking. Slipping one on was simply part of your morning routine, as mundane as shaving [...]
Fast fashion copyright battle continues as Shein granted appeal against Temu Lawsuit Fast fashion retailer Shein has been granted permission to appeal against rival Temu in a first-of-its-kind copyright battle in the UK. A judge confirmed in a hearing on Monday that Shein can challenge a judgement handed down last month in the Court of Appeal. The judge said there were “compelling reasons” for the court to [...]
Can cautious Wolfson keep stunning Next shareholders? September 16, 2026 Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]
Mike Ashley’s Frasers ousts Hugo Boss chairman September 14, 2026 Frasers Group, the retail empire run by Mike Ashley, has overthrown the chairman of Hugo Boss as it seeks control of the German fashion house. The UK fashion group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside. [...]
Victoria Beckham’s fashion empire warns on ‘uncertain’ future September 9, 2026 Victoria Beckham’s luxury fashion empire has warned on its future, cautioning that the group will have to seek emergency funding if its lenders demand their money back. The former Spice Girl‘s up-market label returned a profit for the first time in the year to December but warned that the “material uncertainties” it faces could cast [...]
Mike Ashley’s Frasers weighs move to oust Hugo Boss chief September 1, 2026 Mike Ashley’s Frasers Group is weighing up a move to oust a boardroom chair at Hugo Boss as it laid out fresh plans to grow its stake in the German fashion house. The retail group, which was founded by the British billionaire, told investors on Tuesday that it wants to control more than half of [...]
JD Sports shares crater after ‘King of Trainers’ warns on profit August 20, 2026 JD Sports has slashed its profit target as the growth plan led by chief executive Régis Schultz loses steam, sending its share price into a tailspin. The sports and fashion retailer saw sales performance improve in the UK, but a slowdown in the US and intense discounting by rivals is dragging on the firm’s profit, [...]
Mike Ashley’s Frasers ups stake in Hugo Boss after takeover bid August 18, 2026 Frasers Group has pushed up its stake in Hugo Boss to nearly half of the company, though Mike Ashley’s group misses out on full control of the luxury fashion brand. The Sports Direct owner has increased its portion of the German fashion house to nearly 48 per cent after offering €38 for every share in [...]
Mike Ashley’s Frasers circles Burberry in latest luxury swoop July 29, 2026 Mike Ashley’s Frasers Group is eyeing up a holding in Burberry as its latest push into luxury fashion. Frasers has revealed that it holds the rights to a 4.2 per cent stake in the British fashion house, which would make Ashley’s group one of its biggest shareholders. The position is held through put options, which [...]