Shares in Burberry dropped by more than 8.5% yesterday following the release of the luxury brand’s latest trading update, which failed to meet analysts’ expectation, and the lack of news surrounding the replacement for outgoing chief creative officer Christopher Bailey.
Primark has emerged as one of the high street’s winners over Christmas as it reported a 7% increase in sales in the 16-week period to 6 January.
Sir Philip Green’s Topshop to Burton Arcadia empire has contacted suppliers to inform them of its intention to impose a 2% discount on current and future orders from next month.
Super Sharp, the first in a series of events celebrating the style, sound and rave culture of the 1990s, will open at the Fashion Space Gallery at the London College of Fashion on 1 February.
Retail revenue at British luxury house Burberry dropped -2% in the quarter ending 31 December 2017, though comparable store sales were up 2%.
British designer Kim Jones will be leaving his post as artistic director for menswear at Louis Vuitton after showing his AW18 collection in Paris tomorrow.
The first impulse on viewing the DSquared show on Sunday may have been to yell “yee-haw”, but the obvious Western references weren’t the be all and end all of the label’s new full co-ed collection.