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Studio Retail sales soar, ends sale process

Studio Retail sales soar, ends sale process

​Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Fashion
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Fashion and beauty e-commerce orders fall as retail reopens

Fashion and beauty e-commerce orders fall as retail reopens

​It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.
Fashion
LPOL exits Coal Drops Yard, opens East Sussex studio

LPOL exits Coal Drops Yard, opens East Sussex studio

​Sustainable leather and upcycled goods brand LPOL said this week that it’s exiting its “much-loved shop” at Coal Drops Yard in King’s Cross after three years.
Fashion
PrettyLittleThing opens Saudi Arabia webstore

PrettyLittleThing opens Saudi Arabia webstore

​Boohoo Group’s PrettyLittleThing (PLT) label has just launched a new webstore in Saudi Arabia targeting the same 16-to-35-year-old customer that its core UK site reaches out to.
Fashion
No Chaos and Scum open experiential flagships in Covent Garden

No Chaos and Scum open experiential flagships in Covent Garden

Indie skate brand No Chaos and cult brand Scum have both chosen the area for their new stores with a combined 2,0000 square foot space across two floors.
Fashion
Aspinal of London losses widen, but post-CVA, profits are not far away

Aspinal of London losses widen, but post-CVA, profits are not far away

Aspinal of London has filed its accounts for the year to the end of March 2020 and they show how tough the climate was becoming even pre-pandemic. But it also said 2021 is a key year as it heads towards profitability.
Fashion
Steve Madden acquires remainder of European joint venture

Steve Madden acquires remainder of European joint venture

The American footwear, accessories and apparel group announced on Wednesday that it has completed the acquisition of the 49.9% share that it did not previously own of its European joint venture.
Fashion
Kohl's settles with activist group, adds three new directors

Kohl's settles with activist group, adds three new directors

Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
Fashion
Hobbs in profit again in latest fiscal year, but that was pre-pandemic

Hobbs in profit again in latest fiscal year, but that was pre-pandemic

​Womenswear brand Hobbs has filed its accounts for the year to the end of March 2020 and said that prior to the impact of the pandemic, the company had been performing in line with its forecast expectations. 
Fashion
Fred Segal opens in Seoul

Fred Segal opens in Seoul

Iconic California retailer Fred Segal is bringing its Los Angeles culture to South Korea with a new store opening. 
Fashion
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Irish brand Gym+Coffee expands in UK

Irish brand Gym+Coffee expands in UK

Gym+Coffee, is continuing its drive into the UK with the opening of its second retail store outside of Ireland. Following an earlier debut at Westfield London, it’s opening in Manchester's Trafford Centre on April 17. 
Fashion
Clothing strength continues online, but year-on-year comparisons are easy

Clothing strength continues online, but year-on-year comparisons are easy

​Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
Fashion
Boohoo buys West End property, keeps London-based brands in the city

Boohoo buys West End property, keeps London-based brands in the city

​Boohoo announced on Tuesday that it has acquired a new office in Soho, London, for £72 million. The offices are at 10 Great Pulteney Street.
Fashion
Fashion fares badly in March - Barclaycard report

Fashion fares badly in March - Barclaycard report

UK consumer spending fell 7.2% in March compared to the same period in 2019, as lockdown continued, Barclaycard said on Tuesday.
Fashion