All Fashion articles – Page 684
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OpinionOut of sight, out of mind
The website crash suffered by Net-a-Porter spin-off The Outnet last week shows that even internet-savvy businesses can get things very wrong.
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NewsNext boss Simon Wolfson lined up for House of Lords seat
Next chief executive Simon Wolfson has been put on a list of proposed peers put forward by the Conservative party, renewing speculation that he may pursue a career in politics.
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NewsPrimark sales and profits soar
Primark grew sales 19% to £1.26bn and profits 18% to £144m in the 24 weeks to 27 February.
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NewsAsos revenue up 35% as international sales surge
Online fashion retailer Asos achieved a 35% uplift in revenue to £223m in the year to March 31 with full-year pre-tax profits expected to be in line with forecasts.
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NewsThe Outnet’s £1 Sale causes site to crash
Discount designer website theOutnet.com, the spin-off of luxury etailer Net-a-Porter, crashed in some markets on Friday when it hosted a “pop-up Sale” to celebrate its first birthday, selling designer items for just £1.
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NewsSuitors circle Phase Eight
Phase Eight, the womenswear retailer, has received expressions of interest from several private equity suitors, according to reports.
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NewsSimon Wolfson doubles pay after £1m bonus
Next chief executive Simon Wolfson almost doubled his pay last year after receiving a £1m performance bonus.
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OpinionAnswering the right question
In the cut-throat world of the high street, there is only one question that retailers need to answer: ‘Why should I come into your shop?’
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OpinionRetailers must do the right thing
Ethical retailing is not just about sourcing - it is a way of behaving, says Neil Gillis
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NewsM&S grabs clothing market share as self-help pays off
Marks & Spencer delivered a record clothing market share increase in its fourth quarter as self-help initiatives paid off.
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NewsRichard Bradbury steps down as River Island chief
The chief executive of young fashion giant River Island stepped down this week after 20 years with the company.
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AnalysisKate Bostock: general merchandise boss brings deft touch to M&S
With a honed offer and focus on newness it is no surprise M&S’s general merchandise boss has scored impressive fourth-quarter clothing results
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NewsBlue Inc flotation could score valuation of £60m
Young fashion retailer Blue Inc is understood to be eyeing a £50m to £60m stock market valuation if it successfully lists at the end of the year.
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News
Fast Retailing profits jump
Fashion group Fast Retailing has announced a 43% jump in operating profit for the first half to February, lifted by strong sales at Uniqlo.Consolidated net sales totalled ¥470.9bn (£3.23bn), rocketing 31.8% year on year. Like-for-likes at Uniqlo stores in Japan rose 13.1% for the period, beating its forecast of 11.2% ...
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News
H&M sales jump 7%
Clothing retailer H&M has reported results for the first quarter to February 28, with sales jumping 7% to Skr24.85bn (£2.1 bn), compared with the same period last year. In local currencies, the increase was 13%.H&M had 1,992 stores at the end of February, up from 1,748 a year ago. ...
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NewsEnvy hits the buffers
Updated: Branded fashion retailer Envy has collapsed into administration, with Leonard Curtis appointed administrators.
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NewsAsda plans 150 Living stores in bid to be UK’s leading non-food retailer
Asda has confirmed that it is aiming to become the UK’s biggest non-food retailer by growing the number of Asda Living stores fivefold to 150.
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NewsJaeger targets younger market with new sub-brand
British heritage retailer Jaeger will make a play for a slice of the premium young fashion market in autumn with the launch of a younger, lower-priced sub-brand called Boutique by Jaeger.
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NewsAbercrombie & Fitch pays CEO £2.5m to curb his use of corporate jet
Abercrombie & Fitch is paying its chief executive $4m (£2.5m) to compensate him for curbing his use of the company’s corporate jet.
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NewsMore high street retailers caught selling ‘sexy’ kids’ products
Further high street stores have been caught selling sexy clothes for children, according to an investigation by The Sun.