House of Fraser boss Mike Ashley’s wish to keep open as many of the beleaguered department store chain’s branches as possible could come to nothing with reports that a raft of new closures are about to be announced.
Uniqlo may get the lion’s share of attention when it comes to Fast Retailing news, but the parent company’s GU chain is also doing interesting things and the brand is about to open a ‘next-generation’ store in Japan.
Virgil Abloh has been named as the designer of 2018 by Ebay’s Shopping Report, which also highlights trends ranging from logos and faux fur to denim boots and pretty much anything connected to a certain royal wedding.
After a descent into bankruptcy, Sears Holdings has announced that it will close 11 Kmart locations and 29 Sears stores by February of 2019, joining over 200 other locations set to close in the near future.
October’s high street sales in the UK continued to be sluggish and while retailers might have been hoping to reverse October 2017’s 5.2% fall, a like-for-like drop of 2% this time meant they didn’t get their wish.
Ulta Beauty's shares jumped on Thursday after it announced a 7.8 percent increase in comparable sales for the third quarter of fiscal 2018, prompting the cosmetics chain to update its full year guidance.