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News & Insight

Your hub for daily updated fashion industry news, fashion business news and fashion industry
articles, brought to you by our team of experts.

H&M

H&M sales and profits up for Q1 but drop drastically since...

H&M Group’s net sales increased by 8% to 54,948m Swedish krona in the first quarter ending 29 February 2020, while gross profit increased by...
Sergio Rossi

Shoe designer Sergio Rossi dies age 84

Italian shoe designer Sergio Rossi has died at age 84. Gianvito Rossi confirmed in a statement that his father, the renowned shoemaker, had...
Debenhams

Debenhams makes plans to file for administration as a protective move

Debenhams is lining up administrators to protect the struggling business amid the COVID-19 crisis, though no firm decision to appoint them has been made. The...
Joules

Joules raises £15m to shore it up during coronavirus crisis

Joules has reported it has raised £15 million from investors, in a bid to shore up its balance sheet amid the global Coronavirus pandemic. The...
Marylebone

UKFT campaigns for “forgotten middle” businesses during Coronavirus

According to the UK Fashion and Textile Association (UKFT), more support is needed to help fashion businesses that fall outside eligibility for...
Primark

Primark bosses take 50% pay cut amid virus impact

Bosses at Primark owner Associated British Foods (ABF) said they will take a temporary pay cut as the coronavirus pandemic dents the...
Ganni Sustainability

GANNI pledges sustainability targets for 2020

GANNI has released its sustainability pledges for 2020 and beyond, as part of its 2019 Sustainability Report. Released today, the report gives an insight into...
Chancellor Rishi Sunak

Chancellor announces further COVID-19 support for businesses

More businesses will be able to access financial support during the coronavirus lockdown after the Chancellor announced a wider package of measures to assist...
The Modist

The Modist closes permanently due to COVID-19 crisis

The Modist, the trailblazing luxury site for modest fashion, has closed down permanently citing the challenges of the COVID-19 coronavirus crisis. Established three years ago...
High street

Britain’s high street suffers worst month on record with fashion down...

Britain’s high street retailers suffered their worst month on record in March as they were hammered by the Covid-19 lockdown, according to new figures. The...
Pitti Uomo JAN 2020

Pitti Uomo trade show postponed to September 2020

The Pitti Uomo trade show has confirmed it will not be taking place in June as planned, instead running 2-4 September 2020...
Arcadia Topshop

Arcadia furloughs the vast majority of its staff

Sir Philip Green's fashion empire Arcadia is to furlough 14,500 of its 16,000-strong workforce amid the Coronavirus crisis. The group's stores have all been closed...