Good news for failed footwear retailer Treds. Just a few weeks after it went into administration, the company has been bought out by retailer New Gray Ltd which said it would keep all of the 21 stores open
The UK subscription box market continues to go from strength to strength and the latest report on the sector, from parcels carrier Royal Mail, said it should reach a total value of £1 billion by as soon as 2022.
Mulberry launched its first eyewear collection globally on Wednesday with the debut coinciding with the unveiling of its spring/summer 19 collection. The eyewear will have an official launch during London Fashion Week.
Consumption growth in China is “very likely” to slow further this year as the economy cools, the commerce ministry said, underlining the rising risks facing the nation as it navigates a trade war with the United States.
Debenhams has secured a temporary cash injection to tide it over while talks go on and it also has a new own-brand sourcing deal with Li & Fung that should help it respond faster to trends with better quality product.