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Finance

Burberry

Consumers prefer see now, buy now, wear now model says Verdict

Bad weather is the number one excuse for brands and retailers when it comes to explaining poor performances (and there have been a few of...
Bond Street West End

London’s West End retailers benefit from slump in sterling

Tourists taking advantage in the fall in the value of sterling following June's Brexit vote led to a surge in sales at London's West...
Monsoon Accessorize

Monsoon Accessorize to close 141 joint stores over next five years

High street chain Monsoon Accessorize will close 141 joint branded stores over the next five years as leases expire and will look to open...
Karen Millen

Karen Millen founder loses battle for right to use her name

Karen Millen, founder of the eponymous fashion chain, has lost a high court battle for the right to use her name for homewares and lifestyle...
Prada SS17

Activist shareholder reduces stake in Prada

American hedge fund Harris Associates has reduced its stake in Italian luxury group Prada, which is in the midst of trying to execute a...
Zalando

Zalando reports strong first half and signs new brands

European online retailer Zalando has increased its full-year EBIT margin forecast to between 4% and 5.5% after a strong first in which it added...
Ralph Lauren

Michael Kors and Ralph Lauren Q1: Department stores are a problem...

There are, broadly speaking, two types of luxury company. The European model operates at one elevated price level and has been squeezing ‘cheaper’ products...
Michael Kors

Michael Kors provides cautious outlook as it posts Q1 numbers

Falling footfall in shopping malls and a drop in tourism to some major global cities has led Michael Kors to offer a cautious forecast...
Coach

Coach gallops ahead on premium-to-luxury focus, acts on department store discounts

All company results are interesting but some are undeniably more interesting than others. Which is why the premium-to-luxury handbag trio of Michael Kors, Kate...

Baubles, bargains, booze and Brexit: July’s retail blip bamboozles boffin

There’s an old expression, "there are three kinds of lies: lies, damned lies, and statistics.” Whether it was first said by Benjamin Disraeli, Mark...
Consumer confidence Retail sales High street, independents, retail

Warm weather and discounts boost July’s retail sales

Heavy discounting and warm weather contributed to a boost in retail sales in July, according to the latest figures compiled by the British Retail...
Stella McCartney Adidas

Fashion lovers send sales of sportswear soaring

The sportswear market is set to soar to a record high of £7bn in 2016, up 7% year on year. This growth, however, has...