Miscellaneous
The latest news
New plans for ex-Fenwick Bond Street store approved, retail space shrinks
Having lost one of its landmark sites in February, high-end New Bond Street in London is also about to lose valuable retail space too.
Fashion
Billionaire Pinault family reveals succession path at Christie’s
The Pinault family has elevated a third-generation descendant to one of its prominent businesses, naming one of the founder’s grandchildren to the board of Christie’s auction house.
Luxury
Mytheresa among those mulling YNAP buy - report
Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. It's believed to be among potential bidders to buy loss-making e-tail giant YNAP.
Fashion
The communication conglomerate The Independents has acquired the creative agency Sunshine
The communication giant has just acquired Sunshine, a consultancy and production agency for brands and entertainment, based in London and Los Angeles. This brings the total number of companies it aggregates to 12.
Fashion
White Company chief apologises over logistics delays
Just how problematic were the White Company’s recent logistical delivery woes? Enough for its CEO to make a grand apology to its customers on social media.
Fashion
Frasers Group board now includes boyfriend of owner's daughter
Normally, a long-standing COO who's promoted to the board is news in its own right. But when its Frasers Group and the new director is the boyfriend of Mike Ashley’s youngest daughter, the news becomes a media event.
Fashion
UK shop price inflation eases as clothing prices drop
The British Retail Consortium announced some “good news for households” on Tuesday as price inflation went in the opposite direction to its trajectory of the last couple of years.
Fashion
Bedford Media to revive Life Magazine
Bedford Media announced on Thursday that it will relaunch the iconic Life Magazine, both in print and digital formats, as part of a strategic partnership with Dotdash Meredith.
Lifestyle
Easter sales forecast is bleak for fashion sector
Easter sales aren’t expected to provide much of a boost to the fashion retail sector with two predictions that UK consumers are likely to spend more time dining than shopping for clothes this long weekend.
Fashion
H&M results: here's what the analysts think
Analysts had mixed views of H&M Group’s latest results this week, some saying how the company still had plenty of work to do. But investors seemed to be ignoring any gloom and sent its share price soaring.
Fashion
Contemporary men’s style magazine Icon launches its French edition
A French edition of Italian-born menswear magazine ICON was released last Friday. Meant for younger men, the magazine boasts an impressive editorial team and seeks to prove that print media isn't a thing of the past.
Fashion
Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while Q1 saw net sales down, profit rose.
Fashion
Gift cards drive larger spend especially among family-age Millennials - report
Positive news for gift card retailers. Their purchase encourages shoppers to spend more than their face value and upgrade their presents, according to the Gift Card & Voucher Association (GCVA) and Global Data.
Fashion
Returns dilemma stops one in four shoppers from buying internationally
One in four shoppers avoids buying from international retailers due to returns concerns, according to new research, and few UK consumers would be prepared to pay a membership fee for free returns.
Fashion
M&S launches nationwide search to find its next designer on ITV1 and ITVX
M&S will be launching a TV programme early this autumn, searching nationwide for its next in-house fashion designer.
Fashion
Versace opens its first palace in Asia, in Macao
The Milanese label has opened its first Palazzo Versace in Asia in Macao, on the south-east coast of China. A luxury hotel with 271 rooms across 12 floors located within the casino resort managed by SJM in Cotai.
Fashion