All Fashion articles – Page 114
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NewsFrasers Group profits and sales surge on the back of acquisitions
Frasers Group’s profits and revenues have soared, driven by the retailer’s new brand acquisition strategy, disposal of some assets and the continued growth of Flannels.
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NewsExclusive: Fat Face profitability returns to pre-pandemic levels
Fashion retailer Fat Face’s pre-tax profits jumped following a record sales performance last year that helped profitability return to pre-pandemic levels.
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NewsQuiz swings to profit as sales rebound post-pandemic
Quiz has swung back into the black as sales rebounded in its stores, concessions and online following the disruption of the pandemic.
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NewsFenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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NewsVery Group launches AR feature allowing app users to try makeup virtually
The Very Group has launched in-app augmented reality features that allow customers to try out new cosmetics products digitally.
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AnalysisHow to break free of a harmful promotional cycle
Shoppers love promotions – they capture new customers, get lapsed ones excited again and, crucially, can have an immediate and overwhelming impact on sales.
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AnalysisResearch: Christmas in crisis – and what to do about it
Half of shoppers might be planning to spend less this Christmas, but with the right strategy retailers can still come out on top, finds Retail Week’s new report
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NewsJaeger boss Fiona Lambert departs Marks & Spencer
Jaeger managing director Fiona Lambert is to leave Marks & Spencer two years after joining to lead the revival of the brand.
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Opinion‘As Next snaps up Joules, expect more retailers to go shopping for distress deals’
The current economic environment means the recent rash of acquisitions could continue, but such deals can turn a crisis into a shared opportunity, writes Retail Week executive editor George MacDonald
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NewsHush poaches former Feelunique boss for chief executive role
Womenswear brand Hush has poached former Feelunique boss Sarah Miles to be its new chief executive.
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AnalysisStrategy spotlight: Five ways Burberry has refined its strategy to unlock long-term growth
“Modern British luxury” was the headline of new Burberry CEO Jonathan Akeroyd’s strategy, which was revealed during the fashion brand’s interim results in November 2022. Targeting medium revenue growth to £4bn, our Retail Week Prospect analyst team examines Burberry’s plan to unlock this next phase of growth
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NewsNext elbows out Foschini with last-minute swoop on Joules alongside founder
Fashion powerhouse Next has teamed up with Joules founder Tom Joule to buy the retailer, fending off competition for control from Phase Eight owner Foschini.
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NewsMarks & Spencer pumps investment into northern stores
Marks & Spencer is to invest £28.5m into flagship stores in the north of England next year, almost a third more than in 2022.
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NewsPhase Eight owner poised to snap up Joules
Foschini, the owner of fashion retailers Phase Eight, Hobbs and Whistles, is close to buying bust counterpart Joules from administrators.
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NewsH&M to cut 1,500 jobs amid tough retail conditions
Fashion giant H&M is to axe 1,500 roles as it seeks efficiencies and consumers watch their spending as the cost-of-living crisis bites.
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NewsMarks & Spencer acquires Thread specialist fashion tech in personalisation push
Marks & Spencer is to amp up the personalisation of its fashion offer after acquiring the intellectual property of specialist marketplace Thread, which had collapsed into administration.
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NewsSuperdry confirms £70m refinancing loan talks
Superdry has confirmed it is in talks to borrow up to £70m from Bantry Bay Capital.
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NewsPrimark to plough £140m into UK high streets, creating 850 jobs
Primark has pledged to invest £140m into new shops across the UK during the next two years in a plan that will create at least 850 new jobs.
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NewsFashion retailers face mounting stock piles as supply chain snarl-ups ease
Fashion retailers are grappling with mounting piles of unsold stock as improving supplier delivery times and weakening consumer demand impact inventory levels.
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NewsSuperdry closes in on refinancing deal with Elliott Advisors
Superdry is close to striking a refinancing deal with the UK arm of activist investor Elliott Advisors.