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Finance

Boohoo Nasty Gal

Boohoo confirms proposed Nasty Gal bid

British young fashion etailer Boohoo has confirmed the proposed acquisition of certain intellectual property assets from US etailer Nasty Gal Inc for $20m. The Nasty Gal...
Dunlop

Sports Direct sells Dunlop to Japanese buyer in £112m deal

Mike Ashley's Sports Direct has sold sportswear brand Dunlop to Japanese group Sumitomo Rubber Industries saying it plans to focus on its core UK business. Sumitomo...
American Apparel

American Apparel closes all but one of its UK stores

American Apparel has closed 12 out of 13 of its UK stores with the last remaining store, in London's Camden, set to close in...
Aquascutum

Aquascutum set to change hands again

Heritage brand Aquascutum is set to change hands again after its Hong Kong-based owner YGM Trading revealed it had entered in $120m sale agreement. Speculation...
BRCvideo

BRC chief says 2017 will be “tough” for retailers

British Retail Consortium CEO Helen Dickinson OBE has predicted 2017 will be "tough" for retailers with increasing costs, low growth and the need to...
The Crown Estate

The Crown Estate confirms £100m Duke’s Court development

The royal family's commercial property arm, The Crown Estate, has confirmed a £100m development of Duke's Court, a mixed retail and office block on the...
Topshop

Topshop to open 80 stores in mainland China

Topshop has signed a deal with a Chinese partner that could lead to up to 80 stores being opened in mainland China with the...

Model agencies set to appeal CMA ruling on price collusion

Three top model agencies fined by the Competitions and Market Authority (CMA) for price collusion today have announced their intention to appeal the decision saying...
Model agencies

Top model agencies fined £1.5m for price collusion

Five of the UK's top model agencies have been found guilty of price collusions by the Competitions and Markets Authority (CMA) and fined a...
Regent Street

Pre-Christmas discounts reach record high

British consumers will be able to take advantage of another year or record pre-Christmas discounts by retailers with price cuts already averaging 43%. According to...
YNAP

Online spend to hit £805m on Christmas Day

British consumers are set to spend £805.1m online on Christmas Day, up 10.1% on 2015. Online retailers associaton IMRG (Interactive Media in Retail Group) also estimates...

Inditex nine-month sales up 11%

Zara owner Inditex has posted sales up 11% at €16.4bn in the first nine months of 2016 while net profit for the period was...
PrettyLittleThing Boohoo

Boohoo ups guidance and acquires PrettyLittleThing

Young fashion etailer Boohoo had upgraded the guidance on its revenue growth for this year and announced the acquisition of fellow fast-fashion brand PrettyLittleThing. The...
SilkFred

SilkFred planning £100m float

SilkFred, the online platform for independent fashion brands, is reported to be planning a float that would value the business at £100m and deliver...
ASOS

ASOS to create 1,500 jobs at London HQ

Young fashion etailer ASOS is to create 1,500 jobs at its London HQ over the next three years. The business already employs 2,500 staff at...
Mulberry

Mulberry sales up 10% following Johnny Coca debut

Mulberry sales were up 10% to £74.5m in the six months to the end of September following a positive response to the brand's new direction...
Joules

Joules sales up 14.2% in transformational year

British fashion and lifestyle brand Joules has posted sales up 14.2% to £131.3m, and underlying pre-tax profits up 41.5% to £7.5m, in what it...
Regent Street

West End to contribute £11bn to economy by 2020

London's West End is on course to contribute £11bn in GDP by 2020 making it the world's most valuable shopping district. According to New West...
Burberry

Burberry spurns multiple takeover approaches from Coach

Burberry has batted away several take-over approaches from US group Coach in recent months, according to well-placed sources. The FT has reported that a merger...
Marc Worth Stylus

Marc Worth’s Stylus secures backing from Investec

Marc Worth's Stylus Media Group (SMG) has secured "significant investment" from Investec Private Capital to fund expansion. The London-based innovation and advisory group, which was...