Inditex’s Zara has seen its UK profits falling even though sales there have continued to rise. Full-year 2018/19 sales rose around 10% to £772.5m, but profits were halved as selling and distribution costs rose 7%.
Monsoon Accessorize is facing a potential existential threat, new accounts have shown. It may have managed to push through a CVA this summer with no store closures, but the new documents show it's not in the clear yet.
Bonmarché went into administration as the week ended, with tougher-than-ever trading conditions making a turnaround unlikely. Nearly 2,900 jobs are at risk but its 318 stores will stay open while a buyer is sought.
Figaret Paris CEO Eléonore Baudry is the guest this week on the LuxurynsightXFashionNetwork.com podcast. The executive discusses in this French-language episode the plans to reinvigorate the accessible luxury label.
The showrooms that took place on the sidelines of the recent Paris Fashion Week introduced a new generation of designers to buyers and the press. FashionNetwork.com takes a look at some of the stand-out brands.
British shoppers grew more cautious about their spending in the three months to September despite rising wages, official figures showed on Thursday, raising concerns about the economy in the run-up to Brexit.