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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.
BRC Shopping High street

Shop prices tumble sharply on back of cheaper food and clothes

Shoppers have seen retail prices plunge more sharply this month on the back of summer clothing sales, while food also became cheaper, according to new data.
Reactive Reality

Augmented reality platform for trying on clothes to launch this week

Augmented reality (AR) company Reactive Reality has announced it will this week launch its PICTOFiT Shopping mobile and web apps, designed to enhance e-commerce platforms with virtual clothes fitting technology.
Gucci UK Store

Kering sees very strong sales growth in first-half 2021 results

Luxury fashion house Kering has announced it saw a 48.9% revenue increase on an as-reported basis and 53.3% increase on a comparable basis to €7.7 billion for the six months to 30 June 2021.
REVLON HOT GIRL

StockX enters beauty with Revlon x Megan Thee Stallion collection

Revlon is to become one of the first beauty brands to launch a new product on StockX -the smart direct-to-consumer product release platform for ultra-coveted items.
High street shopping

UK retail sales strong in July but clothing yet to return...

UK retailers have reported another strong month of sales growth but clothing and footwear demand is yet to return to "normal" levels.
Kathleen Mitchell

John Lewis poaches Accessorize Managing Director as new Trading Director

John Lewis has hired Accessorize Managing Director Kathleen Mitchell as its new Trading Director, commencing from mid-September.
Boodles

Luxury jewellers Boodles to open at Victoria Leeds

Luxury British family-owned jewellers Boodles, which was established in 1798, will open a 4,500 sq ft store at Victoria Quarter, part of landlord Hammerson’s flagship Victoria Leeds destination, later this year.
Superdry underwear

Superdry to open Oxford Street flagship at former Forever 21 store

Superdry is to open a new global flagship store this autumn at 360 Oxford Street in London, formerly home to Forever 21, close to Selfridges and adjacent to the new Bond Street Crossrail station, which is due to open in early 2022.
LVMH and Kering

LVMH reports revenues of €28.7 billion

French luxury conglomerate LVMH has reported first half revenues of €28.7 billion, a rise of 56% compared with the same period in 2020.
In The Style Adam Frisby

In The Style doubles revenue as it returns to profit

Digital womenswear brand In The Style has reported revenues of £44.7 million for the 12 months to 31 March 2021, up from £19.3 million in the year previous.
JD warehouse Derby

JD Sports to create hundreds of jobs at new Derby warehouse

Footwear and sportswear giant JD Sports is to create hundreds of new jobs at a 514,000 sq ft warehouse complex in Derby before the end of the year.
Seven Dials

‘Freedom Day’ sees footfall increase but shoppers cautious amid ‘pingdemic’

Footfall across all UK retail destinations rose by +3.3% last week, 18-24 July, compared to the week before, and footfall rose by an impressive +16.5% on ‘Freedom Day’ itself, Monday 19 July.
Selfridges Birmingham

Selfridges Birmingham transformed with world’s largest canvas wrap

Selfridges’ Birmingham store has been enveloped in the world’s largest canvas as part of a monumental public art commission by Osman Yousefzada.
MANGO

Mango expects to exceed 2019 profits in 2021

Mango has closed the first half of 2021 with 21% more sales than in the same period of 2020, prompting the retailer to revise its forecasts for this year – expecting profits to exceed those of pre-pandemic 2019.
Marks and Spencer

Marks and Spencer becomes first big retailer to launch same-day clothing...

Marks and Spencer has announced it is to become the first big retailer in the UK to launch same-day clothing deliveries nationwide.
eBay 2021

eBay UK launches new support packages as it records a 237%...

Online marketplace eBay UK has announced it has recorded a 237% rise in new small businesses joining the platform since the start of the pandemic last year, the equivalent to a new business registering every 2 minutes.
Armani

Armani recovers in first half of 2021 with 34% sales rise

The Armani Group's consolidated net revenues at 30 June 2021, showed an overall growth of 34% compared to the first half of 2020.
Selfridges

Selfridges owner begins formal auction process for £4bn sale

The Weston family has kicked off a formal auction process for Selfridges and has placed a price tag of £4bn on the luxury department store chain.
Leicester Square

Leicester Square seeking new flagship tenant as “Burger King Corner” undergoes...

Property developers are set to spend £100m transforming the north-east corner of London’s Leicester Square and are seeking a new flagship tenant for one of the capital's most high profile sites.
Dunno Soho

New vintage fashion and streetwear store Dunno Curated opens in Soho

A new independent vintage fashion and streetwear store called Dunno Curated has opened its doors for the first time today at 8 Berwick Street in London’s Soho.