Pepco’s budget chain Poundland is continuing to invest heavily in its stores this year with the creation of hundreds of new jobs and opening/relocation plans that will also see expansion for the Pep&Co clothing line.
ASOS is doubling down on its efforts to kickstart its recovery and has reportedly appointed a senior restructuring executive to its finance department, as it continues to talk to its syndicate of lenders.
Safilo on Thursday narrowly beat its forecasts on full-year revenues, posting a 4.2% rise at constant exchange rates thanks to the positive performance of its own brands as well as of its licensed business.
Returns season is upon us, and it’s going to be a particularly busy period, especially for the fashion and beauty sectors, a survey says. Gifts worth £232 million will be returned in the UK, a poll of 2,000 people shows,
The Chinese e-tailer intends to support new talents via its Shein X programme, which has already supported 3,000 designers, investing 55 million dollars. A fashion show will be organised in Paris in June.
British eyewear specialist Inspecs’ full-year trading update on Thursday highlighted a challenging year that saw 2022 group revenue dipping to $246 million (it reports in US dollars) from $246.5 million in 2021.
Brand owner and licensing house Brand Machine Group (BMG) has been very busy of late and just a month after announcing a new technology chief and welcoming a new CFO, it has unveiled another key role.
The Italian luxury group reached 1.49 billion euros in 2022 with an increase of 15.5%, but it sees its progress slowing down in particular in the fourth quarter (-0.5%) penalized by the anti-Covid policy in China.
After delivering a strong trading update for the latest quarter this week, Primark parent company ABF's finance chief has detailed just what made the company so strong in this key end-of-year shopping season.
Hugo Boss’s youthful Boss label has returned to the slopes as Presenting Partner of the Hahnenkamm Races in Kitzbühel, Austria, and also unveiled its new collab with specialist skiwear brand Perfect Moment.
Freemans Grattan Holdings has extended its media deal with iProspect UK after a decade working together in which they relaunched Freemans as a pureplay digital department store and saw growth outstripping the market.