The British Retail Consortium (BRC) has responded to last night’s historic defeat of the Prime Minister’s Brexit deal in the House of Commons by urging MPs to find a “workable solution” because UK businesses will be “severely disadvantaged” by a no deal scenario.
Lenders to British premium fashion chain Jack Wills have called in advisers from EY to examine its finances amid speculation that it will require a further injection of cash in the coming weeks.
Pitti Uomo 95 in Florence came to a close on Friday, providing the usual diverse mix of great brands and products – many of them British – complete with a variety of peacocks on parade trying to out-style each other. Searching out the new, interesting and rejuvenated companies and product offers is what makes Pitti such a menswear must-visit for any buyer worth his Fedora. Here’s six of the best from the latest edition.
Posted In Business, News & Insight, Retail & Etail
Marks & Spencer: the store closure story so far – full list
Marks & Spencer has named the latest round of stores proposed for closure as part of its radical transformation plan. Today’s announcement of 17 closures comes in addition to 38 previously announced locations, of which 30 have already shut.
Posted In Business, News & Insight, Retail & Etail
Marks & Spencer announces 17 further store closures
Struggling high street retailer Marks & Spencer has today revealed the next 17 stores to shut as part of its restructuring plan, set to affect over 1,000 employees.
Online fashion firm Boohoo has shown its high street rivals a clean pair of heels after revealing a 44% surge in sales and upping its annual sales outlook.
Canadian activewear retailer Lululemon has upped its fourth quarter forecast following strong trading over the Christmas holiday period across the globe.
Posted In Business, Moves, News & Insight, People, Retail & Etail
Jigsaw interim CEO steps into non-executive role as chairman retires
Jigsaw interim CEO Chris Stephenson will move into the role of non-executive director at the premium fashion retailer as Charles Atterton announces his decision to retire from the role of chairman.
Posted In Brands & Designers, Catwalks & Trade shows, Fashion
AW19: 10 takeaways from Prada men’s… but for women’s
It may be a few weeks yet before we get to see the full Prada womenswear vision for AW19, but we got a sneak peak of what’s going through the design team’s heads on Sunday as the label unveiled its menswear collection (with plenty of womenswear inspiration) and added in some strong womenswear pieces for good measure too.
Independent directional East London men’s and womenswear retailer, Goodhood, has appointed Iain Renwick, the former CEO of Liberty, as its first non-executive director.