Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
Clarks had a tough time of it last year, as did many others in the footwear sector. Sales plummeted and its losses in the 12 months to January 2021 grew. But the firm is upbeat about the future under its new ownership.
French Connection on Tuesday released what we assume will be its last set of results before it’s sold, and they showed the start of a recovery. But its performance is still far from its glory days earlier this century.
The youth-focused fashion retailer has announced its participation in Cotton Incorporated’s Blue Jeans Go Green Denim Recycling Program with the launch of its PacDenim For a Better Tomorrow initiative.
Ever since it opened during last month fashionistas, fans and tourists have chorused that the retrospective Thierry Mugler: Couturissime inside the Musée des Arts Décoratifs in Paris is essential viewing.
The Italian fashion’s group CEO, Umberto Macchi di Cellere, has left. He has been replaced by president and vice-president Diego and Andrea Della Valle, who have hired Simona Cattaneo as Tod's new general manager.
Dutch fashion brand Scotch & Soda on Monday announced an “acceleration of its growth strategy”. This includes the opening of 15 new physical stores and seven new concessions by year-end around the world.
News that ASOS CEO Nick Beighton has stepped down rather put the firm’s results statement in the shade. But there’s no denying the company remains one of the most successful in fashion retail, even if growth is slowing.
The ASOS annual results Monday were overshadowed by CEO Nick Beighton stepping down with immediate effect. The e-tail giant said new leadership would “underpin delivery of the next phase of its global growth strategy”.