Boohoo.com went from strength to strength last year as sales doubled and profits surged. And its short-term aim of being a £1bn op is dwarfed by its longer-term goal of leading the e-tail market with £3bn in sales.
New space, new concepts, new owners. Change is part of the daily routine for Premium Group. FashionNetwork.com met with co-founder and managing director Anita Tillmann to discuss the market and the group’s plans.
French luxury conglomerate Kering scored a striking 27.1 percent growth in first quarter revenues, led by Gucci's near 40% explosion in sales. Problem child Bottega Veneta, however, suffered a further fall in revenues.
Vans has unveiled the semi-finalists for its annual Custom Culture high school art competition, selecting 50 participants for the next stage of the competition, which saw students from 500 schools come up with designs.
While the mini heatwave drove sales upwards at many UK stores last week, it couldn’t tip the John Lewis department store chain into positive figures in the seven days to April 21, but summer clothing still outperformed.
It looks like womenswear chain East will close with administrators having so far failed to find a buyer. Although a last-minute deal isn't out of the question, according to its administrators, time is fast running out.