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Hobbs in profit again in latest fiscal year, but that was pre-pandemic

Hobbs in profit again in latest fiscal year, but that was pre-pandemic

​Womenswear brand Hobbs has filed its accounts for the year to the end of March 2020 and said that prior to the impact of the pandemic, the company had been performing in line with its forecast expectations. 
Fashion
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Clothing strength continues online, but year-on-year comparisons are easy

Clothing strength continues online, but year-on-year comparisons are easy

​Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
Fashion
Boohoo buys West End property, keeps London-based brands in the city

Boohoo buys West End property, keeps London-based brands in the city

​Boohoo announced on Tuesday that it has acquired a new office in Soho, London, for £72 million. The offices are at 10 Great Pulteney Street.
Fashion
Fashion fares badly in March - Barclaycard report

Fashion fares badly in March - Barclaycard report

UK consumer spending fell 7.2% in March compared to the same period in 2019, as lockdown continued, Barclaycard said on Tuesday.
Fashion
Sales and profits are impressive at JD Sports, despite pandemic

Sales and profits are impressive at JD Sports, despite pandemic

JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
Fashion
Shoppers in England and Wales flock to physical stores on reopening day

Shoppers in England and Wales flock to physical stores on reopening day

They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
McArthurGlen opens Designer Outlet West Midlands

McArthurGlen opens Designer Outlet West Midlands

​April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
Fashion
Monsoon opens new concept store, will be first of many

Monsoon opens new concept store, will be first of many

​Monsoon has chosen the big reopening day for much of the UK to unveil its new store concept, which will be the first of a new chain of boutique stores. 
Fashion
Game-changing new Frasers store set for for Monday debut

Game-changing new Frasers store set for for Monday debut

​As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton. 
Fashion
Boohoo wins race for Arcadia's Daventry logistics hub

Boohoo wins race for Arcadia's Daventry logistics hub

​Boohoo Group has won the battle to buy a key UK logistics site that became available on the collapse of Arcadia.
Fashion
StockX valued at $3.8 billion after latest funding round

StockX valued at $3.8 billion after latest funding round

The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Atterley gets new investment for US growth as sales rise fast

Atterley gets new investment for US growth as sales rise fast

​Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.
Fashion
Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

​Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
Fashion
Gap plans Westfield London pop-up from reopening day

Gap plans Westfield London pop-up from reopening day

​Gap may be exiting the UK market as far as company-operated shops are concerned, but it wants to make the most of the reopening in England. It will launch a kidswear pop-up in the Westfield London mall on April 12.
Fashion
Monki launches new app with omnichannel and sustainability features

Monki launches new app with omnichannel and sustainability features

H&M Group’s Monki brand has this month launched a new app as part of its “ongoing work to engage with its community and offer ways of interacting with the brand and each other”. 
Fashion