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Jules B gets six-figure investment to expand etail offer

Jules B gets six-figure investment to expand etail offer

UK upscale fashion retailer Jules B is to develop and grow its online business after securing £250,000 in investment, particularly targeting more International business.
Luxury
Game-changing new Frasers store set for for Monday debut

Game-changing new Frasers store set for for Monday debut

​As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton. 
Fashion
Olympia Le-Tan links with Harper's Bazaar for clutch collection

Olympia Le-Tan links with Harper's Bazaar for clutch collection

Paris-based handbag brand Olympia Le-Tan is to launch a limited-edition book clutch collection in partnership with Harper’s Bazaar, the world’s longest-established luxury fashion magazine.
Luxury
Frasers downgrades asset values on fears of third wave

Frasers downgrades asset values on fears of third wave

​Frasers Group issued a gloomy outlook on Friday warning that further Covid-19 restrictions could mean it taking a hit of more than £200 million as far as the valuation of its assets are concerned.
Fashion
StockX valued at $3.8 billion after latest funding round

StockX valued at $3.8 billion after latest funding round

The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Kering overhauls logistics

Kering overhauls logistics

The French group has unveiled a new logistics hub in Trecate, northern Italy, which will bring together all of its European operations. The logistical reorganization will also affect the U.S., the Middle East and Asia. 
Luxury
Retailers say no thanks to Covid status certificates

Retailers say no thanks to Covid status certificates

​UK retailers seem to be unenthusiastic about the British government’s idea of Covid status certificates to allow people to enter certain locations. 
Fashion
Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

​Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
Fashion
US teens still love Nike, embrace 90s trends and clean skincare - report

US teens still love Nike, embrace 90s trends and clean skincare - report

​American teens have been increasing their spending slightly in the past year as the emergence of a female-led spending cycle driven by apparel has made an impact.
Fashion
Saks Fifth Avenue calls end to fur sales

Saks Fifth Avenue calls end to fur sales

The New York-based department store retailer has announced that it is closing its fur salons and plans to stop selling all products made using animal fur by the beginning of 2023.
Fashion
Reese Witherspoon embraces clean beauty with Biossance

Reese Witherspoon embraces clean beauty with Biossance

The Biossance brand has chosen American actress and producer Reese Witherspoon as its new global ambassador.
Luxury
Net-A-Porter launches entertainment-first global campaign

Net-A-Porter launches entertainment-first global campaign

​Net-A-Porter has launched a new global campaign that not only marks a new season but also a reopening in large parts of the world as vaccinations allow tentative steps back to normality. 
Luxury
Giorgio Armani suggests brand may be ready for partner

Giorgio Armani suggests brand may be ready for partner

Speaking to Vogue, the designer revealed that, for the first time, he is considering linking his company up with an investor. Italy's Exor is among the potential suitors. 
Fashion
Dolce & Gabbana CEO denies talks with Kering over possible tie-up

Dolce & Gabbana CEO denies talks with Kering over possible tie-up

Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday.
Fashion
Fenwick expects good reopening but slow recovery, sees opportunities ahead

Fenwick expects good reopening but slow recovery, sees opportunities ahead

​As Fenwick prepares to reopen, its CEO has predicted “ a good opening, but a slow recovery as well”. Yet overall, he’s confident it's on the right track and can do well in the changed retail world of the future.
Fashion
UK pandemic retail: 15k+ stores lost, 190k jobs gone - report

UK pandemic retail: 15k+ stores lost, 190k jobs gone - report

The number of UK jobs and stores lost in pandemic-hit retail continues to rise. Since non-essential stores were first forced to close a year ago, almost 190,000 jobs have gone and 15,153 stores have closed, figures show.
Fashion