Retail & Etail

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Ted Baker profits slump amid extra costs and higher discounting

Ted Baker’s profits slumped last year as the fashion retailer grappled with a scandal which pushed its founder to resign, as well as

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Next sees profits slip and predicts high street will remain tough

Retail giant Next has posted a dip in annual profits and forecast a further decline over the year ahead as it said high

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Instagram launches Checkout to allow users to by directly from the...

Instagram has unveiled the new Checkout feature today which allows customers to buy items without leaving the app. When a customer taps to

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In My View: Will limiting references make for a bland and...

When Virgil Abloh devoted his latest AW19 Louis Vuitton men’s collection to Michael Jackson he never could have thought that the whole thing

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Diesel CEO Marco Agnolin set to leave

Italian denim brand Diesel has announced the imminent departure of its CEO, Marco Agnolin, effective March 28, after just over a year with

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Asos

ASOS quarterly sales up 13% but growth held back by tough...

Online fashion giant ASOS posted a 13% increase in sales in the three months to 28 February and said it was holding its

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Bonmarche

Bonmarche warns over steeper losses after March sales hit

Struggling value fashion retailer Bonmarche has warned over steeper-than-expected losses after sales woes returned in March. The womenswear chain said it has seen

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Slipper brand Mahabis appoints former Moonpig MD as new CEO

A former boss of Moonpig has been appointed to lead upmarket slipper brand Mahabis, which was bought out of administration in January. Iain

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Joules boss to take over chairman role at Moss Bros

Joules boss Colin Porter has been lined up as the new chairman of Moss Bros, amid challenges at the retailer which saw it

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Footasylum

JD Sports agrees £90m Footasylum takeover

JD Sports is to buy fellow retailer Footasylum in a deal valuing the company at more than £90m. The sportswear chain said it has

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Mike Ashley makes move for LK Bennett

British retail’s most prolific deal Mike Ashley has reportedly made an indicative offer for stricken premium fashion and footwear chain LK Bennett. According

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Jack Wills hires finance chief from Jigsaw

Jack Will has hired Claire Wain as its new director of finance; Wain had previously been with premium fashion chain Jigsaw. The moves

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