The latest news
Registrations open for Texworld, Apparel Sourcing NYC Summer 2023
Registration for the summer 2023 edition of Texworld New York City, Apparel Sourcing NYC, and Home Textiles Sourcing is now open for attendees.
Next confirms Cath Kidston acquisition for £8.5m
Next has confirmed its widely expected purchase of the Cath Kidston brand. In the briefest of stock exchange announcements the company said it's paying £8.5 million for the brand.
Footfall set for big Easter boost as consumers bide their time
Expect this year’s long Easter weekend to be strong for UK retail. That’s the forecast from MRI Springboard, which thinks shoppers are “holding back in anticipation”.
Landsec takes full control of St David’s mall, buys adjacent ex-Debenhams space too
Landsec now owns all of the successful St David's shopping centre in Cardiff, as part of the commercial property giant’s bid to build on “operational and strategic momentum”.
Inditex discontinues sustainability label 'Join Life'
Inditex has discontinued its sustainability label eight years after its launch, as stated in the group's annual report 2022. Last year, 'Join Life' products represented 61% of Inditex's offer.
Gucci launches collection from dormant stock
The Italian label is launching a circular project on its Vault website, inviting ten designers and labels, including the French company EgonLab, to design products made from its archive fabrics and dormant materials.
Hotter owner Unbound mulls possible takeover by WoolOvers Group
Unbound Group is the latest stock exchange-listed UK business to consider a takeover offer that may be well above its market capitalisation based on its recent share price, but is still far below its all-time high.
Amazon loses bid to toss consumer antitrust lawsuit
Amazon.com Inc must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust law, a federal judge has ruled.
Bluestar Alliance acquires bankrupt Scotch & Soda, some downsizing likely
Dutch fashion business Scotch & Soda has been acquired by Bluestar Alliance, the American brand management company, for an undisclosed sum, with the new owner believing it can attract new shoppers to the label.
The 74th annual Parsons Benefit to honor Naomi Campbell, Olivier Rousteing
The New School will host the 74th annual Parsons Benefit on May 24, where it will honor visionary figures in fashion, including supermodel, Naomi Campbell, and Balmain creative director, Olivier Rousteing, among others.
In the Style £1.2m sale approved by shareholders, but almost 40% are against it
In The Style (ITS) must be breathing a sigh of relief with its shareholders narrowly approving its £1.2m sale to private equity firm Baaj Capital, avoiding an administration filing.
Hyve Group talks of strong events momentum, revenues improving
Back to running a full schedule of global events, Hyve Group said Monday it has started this year with “purpose and momentum”, alongside strengthening revenues.
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO
There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO.
Sandro links with Hurr for UK rental launch
SMCP’s premium Sandro label has entered the rental market in the UK in a deal with rental specialist Hurr that starts with the current SS23 collection.
End of the online boom? Not for Millennials says ESW report
There's been a lot of talk post-pandemic about how e-tail growth has stalled and physical shopping has recovered. But many consumers remain heavily focused on e-commerce, and Millennials are most prominent among them.
Podcast: Sylvie Freund-Pickavance of Value Retail reveals secrets of luxury outlet village destinations
Sylvie Freund-Pickavance, head of Value Retail Group's global strategy, is the new guest of the LuxurynsightXFashionNetwork podcast series, telling Godfrey Deeny (in English) the secrets of luxury outlet villages.