All Fashion articles – Page 771
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News
LK Bennett sets sights on UK and international expansion
LK Bennett executive chairman Robert Bensoussan has laid out plans to double the size of the business within five years.
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Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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New Look refines IT to back growth plan
New Look is poised to go live with the final stages of a project to improve the business processes within its buying and merchandising department.
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Go Outdoors to create 1,000 jobs
Outdoor retailer Go Outdoors will create 1,000 new retail jobs as it aims to triple its store portfolio over the next two years.
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JJB Sports suspends Chris Ronnie
JJB has suspended chief executive Chris Ronnie following the shares controversy uncovered last week.
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Strong trading pushes Matalan store expansion
Value fashion retailer Matalan is to expand its store portfolio following a strong Christmas trading period.
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Cath Kidston signs first Liverpool store
Cath Kidston is to open a store at Grosvenor’s Liverpool One. The clothing, homewares and furnishings retailer has signed for a 3,600 sq ft (335 sq m) unit.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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540 jobs under threat as Burberry cuts costs
Burberry is to cut up to 540 jobs, the fashion retailer said as it revealed like-for-like store sales were down 3 per cent in the last three months of 2008.
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JJB Sports loan deferment costs £8.3m
Struggling sportswear chain JJB Sports has confirmed that its agreement with its banks to defer loan payments has cost 8.3m.
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Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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Tesco to invest £19m slashing clothing prices
Tesco will invest 19m lowering its clothing prices and has begun by slashing prices on over 700 key clothing lines.
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Matalan outperforms at Christmas
Discount retailer Matalan has bucked the gloom to post a 5.9 per cent like-for-like increase in sales over Christmas.
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Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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News
Asos sales soar
Fashion e-tailer Asos has enjoyed another bumper Christmas with sales in the nine weeks to January 16 up 118 per cent year on year.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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Moss Bros confirms Mountford to step down
Update: Moss Bros chief executive Philip Mountford will leave the menswear retailer.
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Robust fashion fascias propel JD Sports sales
JD Sports Fashion has further strengthened its position in the resilient young-fashion market, generating sales across its fashion stores up 12.5 per cent for the five weeks to January 5.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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Electricals and toys bolster salesat Shop Direct
Electricals and toys lifted sales over Christmas at Shop Direct Group.