Miscellaneous
The latest news
Ted Baker results improve and year starts well, but still lots of work to do
Ted Baker’s full-year preliminary results and Q1 update on Thursday showed “good sales momentum, improving gross margin and operating cost leverage” at the up-for-sale fashion retailer.
Fashion
Amazon opens first clothing store in Los Angeles
The first ‘Amazon Style’ store opened its doors on May 25 in the Glendale neighborhood of Los Angeles. The debut is stirring up a lot of buzz as the group discusses whether to open its own version of a department store.
Fashion
Hotter owner Unbound releases more details of new platform
Unbound Group has announced that its new online multi-brand retail platform will be powered by Mirakl, calling it “the industry’s first and most advanced enterprise marketplace SaaS platform”.
Fashion
The Vintage Store signs at Liverpool One for largest location yet
The Liverpool One mall goes from strength to strength. The Grosvenor operated shopping centre at the heart of the city has signed The Vintage Store, with the retailer opening its biggest UK store to date.
Fashion
UK retail sales normalised in May, but fall expected in June, online awful - CBI
UK retailers reported just “average” sales for the time of year in May (0% from -24% in April), up from a weaker- than-normal previous month. But overall sales are expected to fall below seasonal norms again in June.
Fashion
Klépierre appoints Stéphane Tortajada as CFO
The French real estate company has recruited Stéphane Tortajada, who has worked for the Casino group and EDF, as chief financial officer, and is reappointing Jean-Marc Jestin as chairman of the board.
Fashion
Mountain Warehouse launches marketplace for outdoor sector
Outdoor retailer Mountain Warehouse is the latest retail name to enter the marketplace channel with it launching a new marketplace on its webstore this week.
Fashion
Cash-strapped Britons cut back on clothing, cosmetics
As the cost of living crisis deepens, Britons have a long list of items they're cutting back on and a new study shows that top of the list is clothing.
Fashion
M&S strong in latest year, but turnaround still a work in progress, exits Russia for good
Steve Rowe delivered his last set of M&S results on Wednesday with the M&S veteran now stepping down as CEO of the business he’s led through its latest turnaround.
Fashion
Amazon reportedly willing to reduce the size of its logistics park in the U.S.
After a strong acceleration in logistics, Amazon is reportedly backtracking by looking to terminate its leases or sublet 12 of its largest U.S. units in parallel with labor union accusations against the company.
Fashion
Cotopaxi taps Damien Huang as president
Outdoor gear brand Cotopaxi announced on Tuesday the appointment of its first-ever president, Damien Huang.
Fashion
PrettyLittleThing launches designer competition with Teyana Taylor
Boohoo Group’s PrettyLittleThing label has announced its ‘Designer of the Year’ competition alongside award-winning director, singer, songwriter, choreographer, actress and model Teyana Taylor.
Fashion
Moda and Pure London owner reports faster-than-expected recovery
Faster and better than expected. That’s the recovery story from events specialist Hyve Group in its 2022 interim update on Tuesday. The events firm also said future focus will be “on sectors, rather than geographies”.
Fashion
Secret Sales unveils fulfilment service for brands needing UK distribution centre
Secret Sales has launched a fulfilment service to support brands requiring a UK distribution centre. It’s called Fulfilment by Secret Sales and it aims to solve logistics challenges.
Fashion
Club L London launches Irish website
Club L London has launched in Ireland. The accessible luxury online retailer can now be shopped on clubllondon.ie. The launch comes after the brand saw total Ireland traffic figures increase 90% in Q1 2022 vs Q4 2021.
Fashion
Very Group to add new webstore tech
E-tailer Very Group has long embraced technology and now the owner of the Very and Littlewoods sites has announced plans to transform its Very.co.uk content management system through a new partnership with Amplience.
Fashion