All Fashion articles – Page 176
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NewsAnn Summers wins rent deals but CVA on cards for remainder
Ann Summers has won better property terms from landlords on most of its 100 branches but the refusal of property owners to be more flexible means a CVA may be considered for those where terms have not been struck.
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NewsReiss sales soar as investment pays off
Fashion retailer Reiss has reported a surge in first-half sales.
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VideoWatch: Is Asos' supplier squeeze a sign of desperation?
Following profit warnings earlier in the year and asking suppliers for discounts this week, Asos is under scrutiny. The team debate if boss Nick Beighton can get the etailer back on track.
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NewsOnline sales growth slumps to ‘lowest ever’ July level
Online sales rose 4.4% year on year in July, a low for the month that dented hopes of an upturn.
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NewsMulberry poaches longstanding Ted Baker finance director
Mulberry has appointed longstanding Ted Baker director as its new group finance director.
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NewsLaura Ashley to open ‘very different’ flagship at Westfield London
Laura Ashley told Retail Week it will open a flagship store with a “fresh look” in November, following its preliminary results today.
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NewsLaura Ashley slips into the red after homeware arm underperforms
Laura Ashley has reported a full-year pre-tax loss and seen like-for-like and total sales fall, which the retailer’s chair put down to the underperformance of its homeware arm.
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NewsThree-quarters of retail bosses say more sustainability rules needed
Executives at leading fashion and retail companies say “more regulation will be needed” to deliver change around sustainability issues, a poll by Odgers Berndtson has revealed.
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NewsOffice earmarks 15 loss-making stores for closure
Office is mulling the closure of 15 stores in the UK over the next two years as part of a wider turnaround strategy from parent company Truworths.
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NewsTK Maxx owner quarterly sales and profits climb
TK Maxx’s parent company TJX has posted an uplift in second-quarter sales and income despite a decline in profit margin.
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NewsGlobal Fashion Group sales rise and losses narrow
Global Fashion Group posted rising sales during its first half following the recent IPO.
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OpinionDoes Farfetch have to spend so much to make money?
When Farfetch made its $6bn debut on the New York Stock Exchange last September, the online marketplace was unlikely to predict it would face legal action from disgruntled investors less than a year later.
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NewsMike Ashley sacks Jack Wills boss Suzanne Harlow
Sports Direct tycoon Mike Ashley has sacked Jack Wills boss Suzanne Harlow, just weeks after buying the retailer out of administration.
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NewsAsos asks suppliers for discounts in bid to cut costs
Asos has asked suppliers for discounts on its orders as the etailer bids to cut costs in the wake of a string of profit warnings.
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NewsMonsoon chief stands down, will not be replaced
Monsoon Accessorize chief executive Paul Allen is to leave the retailer and will not be replaced.
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OpinionRetailers must abandon one-size-fits-all discounting
Barely 10 years ago, consumers were delighted with twice-yearly, end-of-season Sales. Fast-forward to today and there seems to be a never-ending cycle of price reductions – ever-earlier seasonal Sales, continuous ‘promos’, discounting disguised as loyalty programmes, Black Friday, Cyber Monday… the list goes on.
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NewsSecret Sales to relaunch after sale to Lifestyle Retail Group
Secret Sales is relaunching following its acquisition by the newly formed Lifestyle Retail Group (LRG).
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AnalysisHow Dr Martens made direct to consumer its stomping ground
Dr Martens unveiled a spike in full-year profits after direct-to-consumer sales soared. Retail Week spoke to chief executive Kenny Wilson about how he plans to run ahead of the market.
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NewsWatches of Switzerland hails ‘strong’ first quarter since IPO
Watches of Switzerland group posted an increase in sales and like for likes during its first quarter since becoming a listed business.
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NewsNext boss Wolfson: No-deal Brexit will only bring ‘mild disruption’
Next chief executive Lord Wolfson believes that chaos can be avoided in the event of a no-deal Brexit, which would only bring “mild disruption”.