Even as sales slump, Jonathan Akeroyd leaves Burberry a stronger brand July 18, 2024 As Akeroyd leaves the famous fashion brand, Steve Hatch unpacks the data asking: Is Burberry throwing the baby out with the bathwater?
Grace Beverley’s Tala to open UK stores and expand into US after £5m boost July 16, 2024 Tala, the activewear brand founded by influencer Grace Beverley, has raised an extra £5m in a funding round led by a backer of Five Guys.
Burberry: Meet the new CEO charged with ‘rebalancing’ luxury brand as job cuts loom July 15, 2024 Meet Burberry's new CEO, its fourth boss in a decade, charged with turning around beleaguered label as job cuts loom.
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman July 15, 2024 Hawes & Curtis, the formal menswear brand owned by Dragon's Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed documents have revealed.
Max Mara nearly doubles UK profit as ‘extraordinary’ market challenges ease July 11, 2024 The UK arm of luxury womenswear brand Max Mara has almost doubled its pre-tax profit despite what it described as a "highly uncertain" economic backdrop, newly-filed documents have revealed.
Mountain Equipment hit by export sales cut as profit more than halves July 11, 2024 Profit at Mountain Equipment more than halved following a strong few years of growth as the brand saw a sharp decline in exports, according to newly-filed documents.
Roman: Retailer behind viral dress that ‘broke the internet’ posts record sales July 10, 2024 Roman, the clothing retailer behind a viral dress that in 2015 ignited an international debate over its colour, has seen record sales as its post-pandemic comeback continues.
London tech scale-up Unmade acquired by clothes manufacturer Hi-Tech Apparel July 10, 2024 The deal, valued at 10 times the company revenue, will see Unmade, which is working to solve fast fashion's problems though tech-enabled customised clothing on demand, work with Hi-Tech to automate the fashion industry.
Peacocks returns to the black after shedding hundreds of jobs July 9, 2024 Peacocks has clawed its way back to profit after shedding more than 1,400 jobs, newly-filed documents have revealed.
Matalan takes huge step towards the black despite sales dip June 25, 2024 Matalan's pre-tax loss was slashed during its latest financial year despite its sale dipping, according to new figures.