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.
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.
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.
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.
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.
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.
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.