Lifestyle
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France's Cegid announces the acquisition of the British company StorIQ
French software vendor Cegid has acquired UK-based retail tech firm StorIQ, a London-based company that counts Hugo Boss, M&S, Mountain Warehouse and Douglas among its clients.
Fashion
URW to sell Almere Centrum in the Netherlands
Property giant Unibail-Rodamco-Westfield has announced that it’s to sell Almere Centrum in The Netherlands for €155 million. It has struck a deal with a group of private investors led by the UMB Group.
Fashion
Marimekko names new leader for West region
Marimekko has announced a major management change with Noora Laurila appointed Senior Vice President of Sales in Region West and member of the firm’s Management Group.
Fashion
Fashion collections announced for Pride month
Many brands are getting involved during Pride Month to show their support for the LGBTQIA+ community, including Michael Kors, the Versace Foundation, The North Face, Cos and &Other Stories.
Fashion
Loewe mixes wickerwork, craftsmanship and regeneration to create a unique project presented at Salone del Mobile
For its sixth participation in Milan Design Week, the Spanish brand presented one of the most interesting projects of the week that featured basketry and highlighted craftsmanship and regeneration.
Fashion
N.Irish businesses urge UK against potentially damaging unilateral plans
Northern Irish businesses urged Britain to tackle disruption to post-Brexit trade through negotiations with the European Union rather than pursuing unilateral plans published on Monday.
Fashion
Zalando acquires majority stake in Highsnobiety
E-tail giant Zalando said on Monday that it has acquired a controlling stake in Highsnobiety for an undisclosed sum. The two companies will now “join forces to lead the way in engaging and inspiring customers”.
Fashion
Nearly 650,000 retail jobs disappear in half a decade - report
A massive 645,204 jobs have been lost in the UK’s retail sector over the past five years, new figures from the Centre for Retail Research shows. This included 105,727 jobs lost last year.
Fashion
Physical retail is "permanently scarred" by work-from-home revolution says Springboard
If working from home continues at current levels, UK retail footfall would permanently remain 10% below pre-pandemic levels, Springboard warned Monday.
Fashion
Klarna expands H&M link to Ireland
BNPL giant Klarna has expanded its partnership with H&M, extending its ‘Pay in 3’ option to Ireland. It follows Klarna's Ireland launch last autumn.
Fashion
UK online retail was tough in May but fashion proved strong
Online UK retail continued to struggle last month as comparisons with previous booms remained tough. But fashion stayed strong and was described as a category “making up for lost time”.
Fashion
UK slowdown fears mount as GDP unexpectedly shrinks in April
Britain's economy unexpectedly shrank in April, official figures showed Monday, adding to fears of a slowdown three days before the Bank of England possibly unveils another rate rise in response to higher inflation.
Fashion
Bondholders want talks on the future of Matalan - report
Value fashion and lifestyle retailer Matalan is facing questions from investors over its financing. Two groups of lenders want answers to how the retailer is scheduling debt repayments in the face of economic hardship.
Fashion
Milan Furniture Fair: Versace keen to grow with home decoration line
The label caught the eye at Milano Design Week with an imposing installation, proof of its ambitious plans for the Versace Home line, whose furniture is now manufactured under license by Luxury Living Group.
Lifestyle
Armani/Casa goes full steam ahead at the Salone del Mobile fair
Giorgio Armani's home line is holding a special exhibition at the Salone del Mobile. Twenty-two years after its launch, the line has seen double-digit growth, with remarkable sales growth in the US.
Fashion
N Brown maintains exec bonuses despite share price rout
Digital fashion retailer N Brown has maintained the long-term bonuses for CEO Steve Johnson and CFO Rachel Izzard, despite a dramatic fall in its share price over 12 months, reported BusinessLive.
Fashion