H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
Boohoo’s trading update on Tuesday showed that the pureplay e-tailer continued to prosper in Q1, even after UK physical stores reopened in April, although there were challenges in some markets and margins were squeezed.
Footfall across all UK retail destinations couldn’t maintain some impressive gains made at the start of the month, falling 6.7% week-on-week in the seven days spanning 6-12 June, latest Springboard data shows.
The British Fashion Council’s inaugural (and virtual) Institute of Positive fashion Forum late last week made a plea for sustainable and inclusive behaviour from the industry to satisfy consumer demands for change.
Bonuses paid out to JD Sports Fashion executive chairman Peter Cowegill have come under fire with advisory firm Glass Lewis recommending shareholders vote against the firm's “inappropriate” pay policy.
John Lewis has big plans to increase its fashion sales and is to add 100 new third-party fashion brands to its line-up over the next year as labels supply their products directly on johnlewis.com for the first time.
Ted Baker’s twice-delayed full-year results looked grim on Monday as the fashion retailer announced a 44%+ drop in revenue and a pre-tax loss that widened by almost 39%. But its CEO was upbeat about its prospects.
Ferrari, with its prancing stallion symbol, may be the ultimate masculine luxury symbol of Italy. But when it launched its first fashion collection this weekend there were more girls than guys on its catwalk.
An almost entirely digital London Fashion Week opened Saturday with humanitarian and eco-responsible visions, best exemplified by Bethany Williams, the socially engaged designer who has long used recycled garments.
Grosvenor Group has appointed Melanie Gee, initially as a non-executive director, with a view to her becoming chair of the Grosvenor Britain & Ireland (GBI) board. She is set to succeed Jonathon Bond from September.