Weekly sales fell again at John Lewis in the latest seven days with the period to October 14 seeing a drop of 4.6% to £86.4 million. That’s bad news for a store that’s used to sales rise after sales rise.
Net-A-Porter is set to launch artificial intelligence/robotic tech designed to select clothing for customers based on any future plans they might have, such as going on holiday, attending an event, or starting a new job.
Luxury denim brand Blessed & Cursed has unveiled a pop-up store in London’s Notting Hill that will be open until November 3. The limited edition items there have been made using a variety of hi-tech denim materials.
After all the speculation over just how good the Asos final results would be, on Tuesday we found out. They were good, really good. Revenues up 33% and pre-tax profit up 145% certainly lived up to expectations and more.
After seeing the business for its unlimited rental model increase 125%, Rent the Runway (RTR) has introduced a new four-piece monthly subscription service, RTR Update, which launches with a national marketing campaign.
The Jacksonville-based sports firm created the Fanatics College division to enhance its relationships with collegiate partners. The company also acquired Fermata Partners from CAA Sports and hires two co-founders.
Corduroy is undeniably having a moment this season so the opening of a Soho, London flagship for the brand that describes itself as “the world's first premium corduroy fashion label for men and women” is good timing.
Last week retail N Brown said it was forging more partnerships with e-tailers for its brands and on Monday Koovs, the AIM-listed India-focused e-commerce business, said it would start selling N Brown’s Simply Be offer.
Luxury may have its ups and downs but Harrods makes money regardless. The Qatar Holding-owned London landmark has turned in an eighth successive year of record profits on the back of eight years of record sales.