TheIndustry.fashion
Historic London retailer Arthur Beale to close store after 150 years
One of London’s oldest shops, Arthur Beale, is to shut its doors for a final time after it said it was unable to pay its rent following the impact of the pandemic.
PODCAST: Farfetch – Executive Vice President of Future Retail, Sandrine Deveaux
Sandrine gives her views on why luxury boomed during the pandemic, how consumer behaviour has changed for good, and why, despite being a digital retail trailblazer, she still believes in a bright future for physical retailers.
L Brands spins off Victoria’s Secret into a separate company
A year after an agreement to sell Victoria’s Secret fell apart as the pandemic emptied shopping centres across the US, the chain will be spun off by its owner to become a separate company.
Landlords lose legal battle against New Look restructuring deal
Landlords of New Look stores have lost their legal battle against the fashion chain’s major restructuring plan.
Retailers slash carbon emissions in half to beat sustainability targets
UK retailers have cut their carbon emissions in half since 2005 and smashed environmental targets for the past year, according to new figures.
PODCAST: Skye Harrison Co-founder, KHOEO
Skye Harrison is Co-founder of fashion & beauty PR and wholesale agency K&H Communications, and along her business partner Charlie Boud, has set up KHOEO, a new e-commerce business based on collaboration between brands, designers and influencers operating a lower-risk drop-ship model.
Footfall on the up but will not return to pre-pandemic levels...
Retailers are unlikely to see a return to pre-pandemic numbers of customers “anytime soon” despite the beginnings of a recovery after non-essential shops reopened, new figures suggest.
Former John Lewis boss Paula Nickolds joins Sainsbury’s
Sainsbury’s has hired the former boss of John Lewis to take charge of its clothing and homeware operations.
Superdry sees “light at end of the tunnel” as sales growth...
Superdry has said it can “clearly see the light at the end of the tunnel” as it returned to sales growth amid the reopening of stores across the UK.
Next hikes profit targets as high street reopenings spark sales bounce
High street giant Next has lifted its profit targets for the year after recent sales bounced above expectations.
Frasers Group to buy up £60m in shares in coming months
Mike Ashley’s Frasers Group has announced plans to buy up £60m of shares between now and and July despite warning less than a month ago that it would suffer a £200 million hit from the Covid-19 pandemic.
“Boom time for Boohoo” as online fashion giant set to unveil...
Boohoo is expected to reveal a surge in sales when it updates the market next week, as house-bound shoppers swapped party dresses for athleisure during lockdown.
PODCAST: David Hodgson, Creative Director at Lulu Guinness
David Hodgson is Creative Director at Lulu Guinness and with a career which takes in some of the industry’s best known fashion and accessories businesses – from Loewe to Coach, Joseph and Roland Mouret – and he discusses his future plans for this iconic and most British of brands.
Empty shops surge across UK in first three months of 2021
Empty shop fronts soared higher across UK shopping destinations in the first three months of the year, according to new figures.
PODCAST: James Lamb, CEO of Zelens
James has worked with an enviable list of brands including Clinique, Bliss, Mac, Dior, Kate Somerville & many more during his 20 year career. Now as CEO of Zelens, we chat about this week's relaunch of the brand.
JOOR partners with JETRO to present “Showcase Japan”
JOOR, the world’s leading digital wholesale platform, has partnered with the Japan External Trade Organisation (JETRO) to present “Showcase Japan”, a virtual fashion event featuring over 30 of the most directional and contemporary Japanese fashion brands globally.
Retail sales rise above seasonal norms for first time this year
Retail sales have risen above seasonal norms for the first time this year as spring and the reopening of non-essential stores brought relief to the sector.
PODCAST: Sarah Curran-Usher, Managing Director EMEA, True Fit
Sarah Curran-Usher is an online fashion pioneer, having first made her name in the UK with the establishment of the trailblazing accessible luxury fashion site my-wardrobe.com, before moving on launch Very Exclusive for the home shopping giant The Very Group.
Consumer confidence edges up slightly amid guarded view of the future
Consumer confidence edged up only slightly last month amid a more guarded view of the future from households hit hard by the pandemic, a survey suggests.
PODCAST: Umberto Giannini Co-founder, Claire Shread
Claire Shread is Co-founder of Umberto Giannini. She tells us about the brand's colourful history and its recent achievement of BCORP status for demonstrating the very highest commitments to numerous social and environmental standards.