TheIndustry.fashion

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New Look

New Look sales slump but turnaround on track

High street fashion chain New Look is the latest retailer to suffer due to the poor weather in May and June, with its

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Jack Ma Alibaba

Alibaba founder Jack Ma steps down as chairman

Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, has stepped down as chairman of the world’s biggest e-commerce company.

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Primark

Primark will keep prices low despite Brexit cost pressure

Primark has promised customers it will not increase its prices, despite seeing costs jump due to Brexit. John Bason, finance director at the

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Retail sales High street, independents, retail

High street footfall declines again as cautious shoppers hold back

Visits to Britain’s high streets continued to decline over August, as nervous consumers reined back spending. Footfall to British shopping locations was down

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Arcadia Topshop

Arcadia slumped to £177m loss ahead of CVA

Arcadia, Sir Philip Green’s fashion retail empire, has laid bare the state of its finances in the year before its move to shake

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Monsoon Accessorize

British Land made challenge to Monsoon Accessorize rent cuts

Shopping centre owner British Land has tried to block Monsoon Accessorize’s restructuring efforts, in another showdown between struggling high street retailers and their

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Boden

Boden chief to exit as brand warns of consumer uncertainty

Boden chief executive is to leave the middle-class fashion brand at the end of 2019 after three years in the role. Jill Easterbrook,

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Arcadia

Sir Philip Green loses Arcadia chairman in latest high-profile departure

Sir Philip Green has been hit by another high-profile departure from his retail empire after it emerged the chairman of Arcadia stepped down

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Retail Brexit

Brexit uncertainty leads to slide in non-food sales in August

The warm late summer weather helped food sales in the UK grow, but these were offset by a fall in non-food sales as

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Topman Arcadia

Arcadia COO David Shepherd departs after 25 years

David Shepherd, a key lieutenant in Sir Philip Green’s retail empire, has stepped down from his position as chief operating officer at Arcadia.

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High street

High street braced for £660m rates increase

High street businesses are facing an increase of more than £660 million to rates bills next year, as companies band together to ask

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Seraphine

Seraphine says no deal Brexit threatens global expansion

Seraphine, the maternity brand which is a favourite of the Duchess of Cambridge and many celebrities, has warned that a no-deal Brexit threatens

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