Miscellaneous
The latest news
Gucci intensifies eco drive as it unveils 'nature-positive' climate strategy
Gucci is deepening its dive into sustainability and on Wednesday unveiled a new evolution of its strategy that takes it “beyond carbon neutrality towards a nature-positive approach”.
Fashion
Global shoppers prefer real consumer photos, not brand shots - study
Retailers and brands have been including a lot more photos from real people on their social channels and websites in recent periods and it seems that this is a good move as a new study shows that shoppers like this.
Fashion
Boohoo buys Debenhams for £55m, marks big move into beauty, home
Boohoo on Monday confirmed that it has bought the Debenhams brand for £55m. It will use it to move into beauty and homewares, extend its own brand offering, operate a giant online marketplace and grow internationally.
Fashion
UK cross-border e-tail sales strong in 2020 says Global-e
The UK’s outbound cross-border e-commerce rose as much as 57% last year and the peak festive trading month, November, saw an increase of 42% year-on-year as well.
Fashion
Selfridges gets through 2020 in good shape, pre-pandemic sales rose
Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Luxury
Tmall Global adds extra support for new sellers targeting China
Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global has increased its support for international brands, unveiling a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit.
Fashion
Wolf & Badger powered ahead in 2020, as international sales surged
Multichannel retailer Wolf & badger saw a strong rise in global sales last year, despite the closure of its King’s Cross flagship in London and its New York City location during lockdowns.
Fashion
Owners mulls float for buoyant Very Group - report
Online retail giant Very Group could be the next big name in line for an IPO with a report that its owners, who also own the Telegraph newspaper, are exploring the potential of a £3 billion+ stock market float.
Fashion
Seasalt's digital focus boosts sales as customers buy cosy, at-home clothing
Seasalt saw its sales jumping during the festive season even though it endured a 44% fall in sales through physical shops. Fortunately, its webstore easily made up for the shortfall with a 95% increase.
Fashion
Comfortwear, beauty, jewellery top lockdown Xmas buys says Clearpay
Buy Now, Pay Later online payments platform Clearpay has released its October-December trends, confirming comfortable clothing, jewellery and beauty were the holiday shopping season’s top picks.
Fashion
H&M's Eriksson succeeds Kristina Stenvinkel as group's Communications Director
H&M Group has announced that its Head of Media Relations Andreas Eriksson, is to take on the role of Communications Director across the group succeeding Kristina Stenvinkel.
Fashion
N Brown sales still down but performance improves
N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
Fashion
Jordan tops StockX sneaker charts amidst resale boom
Following a year that saw a boom in online resale, StockX has released an annual trend report, revealing that Jordan was once again the most popular sneaker brand on the platform in 2020.
Fashion
WhatsApp faces first legal challenge in India over privacy
WhatsApp's updated privacy policy verges on user surveillance and threatens India's security, a petition filed in an Indian court said on Thursday, presenting another legal challenge for the Facebook-owned messenger.
Lifestyle
Very Group powers ahead in festive season as star brand outperforms
E-tailer Very Group has reported a buoyant set of figures for its festive period with the seven weeks to Christmas seeing group revenue up 15.3% year-on-year. It surpassed £500 million for the period for the first time.
Fashion
URW board and structural changes aim to create more agile group
Malls giant Unibail-Rodamco-Westfield has made big changes to its structure with a larger management board and a new group organisation “to bolster its agility in responding to challenges and prepare for the future”.
Fashion