Monday, November 20, 2017

Yoox Net-a-Porter continues growth thanks to UK boost

Yoox Net-a-Porter has continued to achieve positive growth throughout its third quarter driven by the success of its UK market.

Superdry’s sales soar but wholesale cuts margins

Fashion retailer Superdry’s parent company SuperGroup has posted strong growth across the board in its half year trading update.

Burberry half-year profits surge as it announces store closure scheme

Burberry has booked double-digit growth in reports in its half-year report while also announcing a store closure programme as part of a strategic overhaul.
Sidney Toledano

Dior boss Sidney Toledano promoted to LVMH fashion CEO

Christian Dior’s veteran chief executive Sidney Toledano will replace Pierre-Yves Roussel as head of the LVMH fashion group, amid a major senior reshuffle. 

Hugo Boss to open in Southampton’s Westquay

Hugo Boss is primed to open its first store in Southampton in a “fantastic result” for the Westquay shopping centre as it continues to attract luxury retailers.
Basler saved

TriStyle saves Basler from collapse, but stores closures to go ahead

TriStyle Group has acquired Basler, but the future of retail staff remains uncertain as it confirmed the closure of its stores.

100 jobs axed amid Pentland restructure

100 jobs are set to be axed at Speedo, Berghaus and Boxfresh owner Pentland Brands amid a group restructure, according to Drapers.
David Beckham

David Beckham-backed Kent & Curwen opens Covent Garden flagship

A heritage fashion brand in which David Beckham owns a major stake has opened a brand new flagship store in Covent Garden, London.

Gap’s UK losses worsen

Gap’s UK losses have become worse amid falling sales and the closure of its local Banana Republic stores.

Zalando revenues jump 28% despite weak October

German ecommerce fashion retailer Zalando has posted a 28.7 per cent rise in revenues for its third quarter despite a “weaker than expected October”.

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Feature Resource

2017 UK Retail Report

In a world where people can do all their Christmas shopping from their sofa, how will you entice them to your store? The good news...