JD.com-backed fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, amid slowing offline sales.
Nordstrom Inc on Tuesday maintained its full-year revenue forecast even as its rivals raised theirs, signaling stiff competition among department store chains to pull in customers.
The Temperley London label has faced some tough times in recent periods but following a major strategy review, it’s focusing on the future and has linked up with e-commerce platform Global-e as of Tuesday.
Shaftesbury (and its properties in the West End) are on on the road to recovery, albeit gradually. It owns 16-acres of prime space in London and said it’s “well-placed to return to sustainable long-term growth”.
Mothercare sales may have been down due to the pandemic in its latest year, but changes to the way it does business and a greater focus on localising its products mean profits are improving.
Ted Baker has signed an extension to its revolving credit facility with its existing lending syndicate. Pinning down long-term funding has been a key focus of fashion retailers after the devastation caused by Covid.
Contemporary womenswear brand Sosandar has raised new investment cash as it aims to make the most of the growth opportunity with its third-party retail partners.
Wilson Sporting Goods announced on Monday the launch of Wilson Sportswear, a new apparel line.
The Plano, Texas-based department store chain has announced the launch of Ryegrass, its “most elevated women’s collection yet,” which aims to offer sophisticated luxury styling at accessible prices.
OTB aims for an important acquisition when the time is right and a bourse listing remains a medium-term project for the Italian fashion group, its chairman said in an interview published on Monday.
It’s a subject close to the heart of many physical retailers: the scrapping of the business rates system. Latest to join the call for change is John Lewis chair Sharon White, who wants it replaced it with a new land tax.
Comfort shoes specialist Hotter will be listed on the stock market later this year with the company’s owners having announced their intention to float it on the Alternative Investment Market (AIM).
It's only a few months since the founder of maternitywear specialist Seraphine sold the label to Mayfair Equity Partners for £50. But the new owners are confident enough to be considering a share listing in London.
Is the UK's Frasers Group about to make a bid for Hugo Boss? Some investors in the latter seem to think so as its shares jumped on Friday on speculation that shareholder Frasers has ambitions to take control.
The American footwear retailer reported total first-quarter sales of $2.15 billion on Friday, an increase of 83.1% from Q1 2020, and also announced that it will close the majority of its Footaction stores.
