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EU antitrust authority investigates several fashion labels

EU antitrust authority investigates several fashion labels

The European antitrust authority has carried out a series of surprise checks on a number of fashion labels, whose names have not been revealed, suspecting infringements to the EU’s competition regulations.
Fashion
Marine Serre strengthens her company with two key appointments

Marine Serre strengthens her company with two key appointments

The designer’s eponymous label, known for its upcycled garments, is appointing Carol Girod as its first chief operations officer and Alya Nazaraly as marketing and digital director. 
Fashion
Very Group owners revive stock exchange listing plans - report

Very Group owners revive stock exchange listing plans - report

​Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
Fashion
M&S Goodmove makes Sports Edit debut

M&S Goodmove makes Sports Edit debut

M&S is ramping up availability for its hugely  successful womenswear sportswear own-brand, Goodmove. The retail giant has just launched on Europe-wide premium activewear site The Sports Edit.
Fashion
Luxe sector calls for return of UK VAT-free shopping as spending plummets

Luxe sector calls for return of UK VAT-free shopping as spending plummets

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
Love Island links with eBay for more sustainable approach to fashion

Love Island links with eBay for more sustainable approach to fashion

​In an interesting development, the new series of hit TV show Love Island sees it partnering with eBay UK to dress contestants in pre-owned clothes rather than the fast fashion that's the staple fare of the show.
Fashion
Fat Face appoints bankers to look at possible sale

Fat Face appoints bankers to look at possible sale

The owners of Fat Face are believed to have taken on bankers to advise it about a sale of the UK-based clothing and accessories retailer.
Fashion
Grosvenor's strong recovery boosted by improving retail scene

Grosvenor's strong recovery boosted by improving retail scene

​Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
Fashion
Ted Baker selects preferred bidder, Sycamore drops out

Ted Baker selects preferred bidder, Sycamore drops out

​The process to take over Ted Baker is continuing with the UK retailer on Monday announcing that it has selected a preferred bidder. But it didn’t say who that is.
Fashion
Wolford postpones release of annual results for second time

Wolford postpones release of annual results for second time

High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”. 
Fashion
Gymshark shrugs off pandemic to file strong results

Gymshark shrugs off pandemic to file strong results

​Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment. 
Fashion
Singapore's Zilingo fires CEO Ankiti Bose

Singapore's Zilingo fires CEO Ankiti Bose

Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into "complaints of serious financial irregularities," the company said on Friday. 
Fashion
Foot Locker Q1 profits rise as sales inch forward

Foot Locker Q1 profits rise as sales inch forward

Foot Locker announced on Friday revenues for the first quarter inched forward 1%, partially offset by a 2% decline in comparable sales, as the footwear retailer recorded an uptick in profit for the three months.  
Fashion
Ebay opens first sneaker store in L.A.

Ebay opens first sneaker store in L.A.

Ebay announced on Friday that it is setting up shop in Los Angeles for the opening of its first-ever sneaker store.
Fashion
Retailers take part in first UK first wellbeing festival for workers

Retailers take part in first UK first wellbeing festival for workers

​Staff from 100 of the biggest retailers operating in Britain, including ASOS, H&M, New Look and Superdrug, have taken part in the first wellbeing festival for retail workers run by industry charity the Retail Trust.
Fashion
Deborah James x In The Style charity collab launches

Deborah James x In The Style charity collab launches

Digital women's fashion retailer In The Style has announced its newest celebrity partnership with Dame Deborah James and The Bowelbabe Fund. The collab launches with the sale of the Bowelbabe 'Rebellious Hope' T-shirt.
Fashion