All Fashion articles – Page 141
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Opinion‘Is Asos an 18% worse business now than it was last week?’
“Is our business 18% worse now than it was last week?” That is the question Asos chiefs were asking themselves following a trading update that sparked a share price rout, wiping out almost a fifth of its value within minutes.
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AnalysisAnalysis: How rising inflation will affect retailers over the next six months
The Bank of England has forecast that inflation will climb as high as 3% by the end of 2021. Retail Week looks at what that means for customers and for retailers
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NewsBurberry posts ‘strong’ first quarter sales uplift against pre-pandemic levels
Burberry has reported an “excellent start” to its new financial year as full-price sales growth accelerated against its pre-pandemic performance.
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NewsAsos sales rise despite demand ‘volatility’
Asos has posted an increase in third-quarter sales but cautioned that “volatile demand” and supply chain pressures are likely to persist during the coronavirus crisis.
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NewsBoohoo partners with Alshaya to grow Debenhams in the Middle East
Boohoo has made a move into bricks-and-mortar stores after signing an exclusive deal with Middle Eastern operator Alshaya group.
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NewsWalmart-backed Flipkart raises $3.6bn to power growth
Indian online retail powerhouse Flipkart has completed a $3.6bn (£2.6bn) fundraising to ”accelerate the growth of the consumer internet ecosystem in India”.
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DataData: UK retail enjoys best quarter on record as sales soar
UK retail sales for the second quarter of the year saw the best growth on record, with retailers enjoying a boost from Euro 2020.
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AnalysisAnalysis: How Asos and Nordstrom will make Topshop’s American dream a reality
Asos has announced a joint venture with US department store chain Nordstrom, marking its first foray into bricks-and-mortar. Retail Week speaks with boss Nick Beighton about why he thinks Nordstrom is the right partner for its new brands.
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NewsAsos launches joint venture with US giant Nordstrom
Asos has launched a joint venture with American retailer Nordstrom to boost its stable of brands in the US and Canada.
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NewsTina Green receives £50m payout from Topshop administrators
Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
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NewsWatches of Switzerland unveils five-year plan as ‘strong momentum’ continues
Watches of Switzerland has created a new strategic plan to keep momentum going as its profits and sales soared during the pandemic.
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DataData: Primark and H&M results show fashion’s fortunes are on the up
After a tough year for the fashion industry, strong updates from Primark and H&M show that the category is beginning to emerge from the Covid doldrums.
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NewsJD Sports to split top role as shareholders vote out pay committee chair
JD Sports announced its intentions to divide its top job into chief executive and chair before its next annual general meeting.
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GalleryStore gallery: M&S fashion makeover at Westfield Stratford City
Third-party brands, style changes accelerated by Covid and inclusive in-store messaging all feature at M&S’s Westfield Stratford store, encapsulating the retailer’s latest thinking as it seeks to bolster its fashion credentials.
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NewsH&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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NewsPrimark expects profits to be in line with last year following strong reopening
Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
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AnalysisDeep dive: Virtuous circle – how retail is cashing in on the resale and rental economy
From Depop to MusicMagpie to Ikea’s Buy Back scheme, the second-hand economy has proliferated over the past decade, but it is only during the last year or two that its business models have really begun to resonate with consumers and retailers alike.
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NewsDecathlon adds Adidas and Speedo to its arsenal in shift to marketplace model
Decathlon UK will expand its website to include products from new brands in a fresh bid to help make sport more accessible to its customers.
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AnalysisRevving up: How forecourts are setting a new direction in travel retail
The rise of the staycation, localism and increased use of electric vehicles are set to transform how shoppers use forecourts. How are retailers and operators looking to respond?
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AnalysisAnalysis: Is Burberry’s golden era over with Marco Gobbetti’s exit?
As Burberry boss Marco Gobbetti exits, Retail Week takes a look at the tenure of the man brought in to save Britain’s iconic luxury brand.