Long seen as a bellwether for the health of UK clothing retail, Next will post its annual trading figures on 1 April. And although they're expected to reveal slashed profits last year, the outlook's far from gloomy.
H&M has unveiled the latest Innovation Stories collection with the debut of Colour Story. The first drop was Science Story and this new drop “celebrates new, more sustainable methods of working with colour”.
Value retailer Studio Retail said its new CEO is in place. Paul Kendrick has been appointed to the top post as of now, replacing Phil Maudsley who retired and stepped down as a director of the company at the same time.
L Brands, the parent company of Victoria’s Secret and Bath & Body Works, announced on Friday that it was increasing its first quarter earnings guidance for a second time this month, due to improved sales trends.
At least three Chinese celebrities on Saturday dropped German fashion house Hugo Boss, the latest foreign brand caught in a concerted boycott by Chinese consumers over Western accusations of forced labour in Xinjiang.
US Trade Representative Katherine Tai has said she was maintaining the threat of US tariffs on goods from Austria, Britain, India, Italy, Spain and Turkey in retaliation for their digital services taxes.
Offers for luxury label Ralph & Russo need to be in by April 14, Hilco, which is running the auction of the failed business, said on Monday. And one of its joint administrators spoke of a “high level of interest”.