Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
Diesel slips into red as challenging conditions slow growth at fashion brand’s UK arm April 19, 2024 The UK arm of fashion brand Diesel slipped into the red in 2023 as the challenging economic conditions impacted its finances.
Uniqlo: Viral TikTok trend helps boost European sales past £1bn April 15, 2024 Uniqlo's sales across Europe surged past €1bn (£853m) thanks to one of its products going viral on TikTok, it has been revealed.
The Very Group: Moody’s changes outlook on online retailer owned by billionaire Barclay family April 12, 2024 Moody's has changed its outlook on The Very Group from stable to negative despite it securing major investment and named a new chief executive.
Former In The Style owner to be kicked off AIM and wound up March 28, 2024 The former owner of fashion label In The Style is to be wound up after failing to secure a takeover deal.
ASOS reports sales slump as it offloads stock to ‘right-size’ the business March 26, 2024 It told the markets this morning that the sales decline was "broadly in-line with guidance" because in the fourth quarter of 2023, trends were expected to continue to slow down.
N Brown: Simply Be and JD Williams owner puts jobs at risk March 15, 2024 N Brown, the company behind the Simply Be, Jacamo and JD Williams brands, has put jobs at risk of redundancy.
In The Style could make return to London Stock Exchange as takeover deal revealed March 11, 2024 Fast-fashion brand In The Style could be set to return to the London Stock Exchange after a possible takeover deal was revealed.
Revealed: Matalan lost over £100m as lenders took control March 6, 2024 Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed.
New Footasylum CEO named as former boss takes role with The Body Shop owner March 4, 2024 The CEO and executive chairman of Footasylum is to step down and take on a role with Aurelius, the German private equity firm that owns the brand and The Body Shop.