Charity initiatives aiming to get consumers buying secondhand rather than new may have hurt e-fashion sales last month, a new report shows, but a final resolution to Brexit might release some pent-up demand.
The alternative digital tech trade event created six years ago wants to expand outside France by acquiring local event organisers in Europe, targeting Spain and Italy, as well as the UK, Canada and the USA.
Sports Direct's latest acquisition is a retail park in Hertfordshire that it bought for a third of the price paid by its previous owners. The company said it's planning to transform it into an aspirational destination.
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.
Crystal specialist Swarovski has chosen Milan and Italy as the first venue of its new Crystal Studio retail format, based on interactivity and digital tech, which will be replicated with various adaptations worldwide.
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.
UK high street and travel retail newsagent WH Smith has delivered a surprise with news that it’s buying US travel retail specialist Marshall Retail for $400m/£312m, radically expanding its travel retail chain.