M&S has made two major appointments as Fiona Lambert joins to “lead the repositioning of Jaeger as an independent brand within M&S” and Anna Braithwaite works “to drive changing customer perceptions" of the M&S brand.
Pressure is building on the UK government to introduce an online sales tax in response to a major imbalance in trading conditions that has seen digital retail boom during a pandemic that has devastated physical stores.
Frasers Group took advantage of a rising share price last week to sell its entire stake in struggling French Connection. The company had a stake adding up to a 24.93% holding in the firm prior to the sale.
Toray has created a new polyester filament fabric, Camifu, that it says “combines the softness, smoothness, and comfort of synthetic fibres with the natural feel and random unevenness of traditional Japanese paper”.
As Boohoo expands by acquisition and battles its way back from supplier scandals, the company has told its UK suppliers that they need to bring all of the work they do for it in-house by early next month.
Boohoo has concluded a deal to buy the remaining Arcadia brands that hadn’t been take over by ASOS and City Chic. It’s paying £25.2m to acquire the three “British heritage brands” out of administration.
Milan's women's ready-to-wear fashion week will once again be taking place via a phygital format. The event runs from 23 February to 1 March and will feature 61 shows, including big-name brands and new arrivals.
The house of Alaïa has chosen Pieter Mulier, the former longstanding right-hand man of Raf Simons, to be its creative director, taking on one of the most prestigious positions in international fashion.
French Connection said on Friday that it has received more than one takeover approach. It’s considering a sale of the retailer, which has been struggling for several years and has seen its share price plummeting.