Debenhams said this week that it could dispose of certain assets as it seeks to conserve cash and focus more intensely on fixing its core UK business, with analysts saying profitable Magasin du Nord could be sold.
House of Fraser's lenders have thrown it a lifeline with a conditional financing deal that is dependent on its CVA being voted through and on the £70 million cash injection from its future majority owner C.Banner.
The womenswear trade show has announced that it will be hosting an 8-day fashion and beauty pop-up in Miami this July, showcasing more than 30 brands over three floors in the first event of its kind organized by Coterie.
The lifestyle subscription service has teamed up with the online platform to launch the FabFitFun Pinterest 100 Box, featuring trending fashion, beauty and wellness products, as well as food, travel and home items.
The New York-based company announced on Friday that Executive Chairman Peter Cuneo will be taking over as interim CEO following the exit of John Haugh, who has stepped down from his roles as president and CEO.
The Ohio-based department store chain announced on Wednesday that it has appointed 20-year industry veteran Naveen Krishna as its new chief technology officer.
Inditex sales may have risen only 2% in Q1 but it was still a record quarter and without currency exchange effects it would have powered ahead by 7% as both online and stores expansion again proved a winning formula.
A new deal between Harvey Nichols and tech firm Hero sees the luxury retailer offering a physical stores experience to online shoppers, and in its test phase its has driven conversion rates much, much higher.
Landlords are getting together to take legal action against House of Fraser over its CVA plan, while Sports Direct chief Mike Ashley has written-off some or all of the value of his HoF stake.
The Mayor of London has accused Westminster City Council of undermining Oxford Street’s future after it withdrew support for his pedestrianisation plan.
Too much sunshine and the royal wedding kept consumers away from the shops last month and were bad news for UK retail with the worst year-on-year results in over a decade.
The shock of the planned House of Fraser closures has been followed up by intense speculation with analysts debating the chances of the firm’s CVA being approved by its creditors, as well as HoF’s long-term prospects.
The association of French luxury labels is staging a plethora of initiatives to promote and expand the reach of French luxury savoir-faire worldwide, from the USA to Japan and Nigeria.
For most U.S. fund managers, beating the market this year has come down to one decision: whether or not to own shares of Amazon.com Inc .
Walmart Inc has asked a court to block a former top tax executive from joining Amazon, saying the move would violate a non-compete agreement and "irreparably harm" Walmart's business.