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TheIndustry.fashion Team

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Retail sales

Retail sales slow amid poor weather before coronavirus impact

UK retail sales flatlined in February amid poor weather before the spread of coronavirus was fully felt by high street shops, new figures show. The...
Forever 21

Forever 21 files for Chapter 11 bankruptcy protection

Forever 21, the US-based value fashion giant has fallen victim to its own rapid expansion and changing consumer tastes, and has filed for Chapter 11...
JD Sports

JD Sports defies high street gloom but warns landlords on rents

JD Sports has defied the high street gloom by posting a searing set of results, as bosses attempted to contrast their success with the...
VF Corp Vans

VF Corp chief says UK central to strategy despite Brexit

VF Corp's European chief, has said the UK will still be central to its strategy for its brands, such as Vans and Timberland, after...
Laura Ashley

Laura Ashley swings to loss but fashion sales rise

Laura Ashley has swung to a loss as a continued decline in its home furnishings business and changes to its website weighed on sales....
Pandora

Pandora confident of revamp plans as sales dip

Danish fashion jewellery brand Pandora has said its turnaround plan is on track ahead of a brand relaunch and marketing revamp. Organic sales dipped 7%...
Marks & Spencer Click & Collect

Shoppers failing to collect £228m of goods at Click & Collect...

Shoppers left around £228 million worth of uncollected products at click-and-collect sites over the past year, blaming the hassle of long wait times or...
Tesco

Tesco quietly building support for online sales tax

Tesco has been quietly building up support for its plans to overhaul business rates, with finance chief Alan Stewart writing a series of letters...
Boohoo Karen Millen

Boohoo seals deal to buy Karen Millen and Coast brands

Online fashion giant Boohoo has bought the online businesses of Karen Millen and Coast in an £18.2m deal, which is likely to see the brands...
Hammerson

Hammerson swings to loss amid retail challenges

Hammerson, the retail property giant and Birmingham Bullring owner, has unveiled stinging losses as its portfolio of shopping centres slumped in value amid...
Arcadia Topshop

Sir Philip Green’s Arcadia faces legal battle over restructuring

Sir Philip Green’s Arcadia group is facing a court battle over its plans to reduce rents through its series of CVAs. Landlords and creditors had...
Ralph & Russo

British couture house Ralph & Russo secures £40m investment

The fashion brand behind the Duchess of Sussex’s engagement dress has raised more than £40 million in a fundraising round which will...