LK Bennett has filed its latest results at Companies House and while they only cover the 12 months to February last year, they did include some information about how it has fared in the Covid-hit environment since then.
John Lewis has big plans to increase its fashion sales and is to add 100 new third-party fashion brands to its line-up over the next year as labels supply their products directly on johnlewis.com for the first time.
Ted Baker’s twice-delayed full-year results looked grim on Monday as the fashion retailer announced a 44%+ drop in revenue and a pre-tax loss that widened by almost 39%. But its CEO was upbeat about its prospects.
The fashion sector's trend-setting status can help influence change in other industries, but fashion companies also need to ensure that eco and ethical thinking are front of mind for their own commercial health.
Beneath the office space of Emily in Paris, the trend-setting series, one finds another new French concept; rare sneaker store Kikikickz, the brainchild of two entrepreneurs taking sneaker trading to new heights.
French fashion retailer Spartoo applied for a stock market listing with France’s financial markets authority (AMF) on Monday. Its CEO has offered further insight into the decision and the group's plans.
Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
The outdoor apparel and footwear group has announced that it expects its second-quarter sales to exceed the figures achieved by the company in the same period two years ago, before the impact of the Covid-19 pandemic.
The UK fashion industry is on notice. The government is launching a major initiative to crack down on workplace abuse, with particular attention to garment production, in a bid to improve and protect workers’ rights.