Struggling department store chain Debenhams has confirmed that it is in advanced talks with the existing lenders about additional facilities of approximately 150 million pounds. The company said in an announcement that 40 million pounds of these facilities will refinance the 40 million pounds bridge […]

Market intelligence agency Mintel has announced that it is forming a “strategic partnership” with Santa Monica-based marketing intelligence platform, Pathmatics to offer advanced marketing analytics for digital channels. The partnership it adds will arm Mintel’s expertise in direct mail and email marketing […]

Nordstrom is restructuring its technology group, meaning a number of layoffs are coming. The news was reported by GeekWire. Nordstrom's senior vice presidents of technology, Travis McElfresh and Magali Muratore, are both leaving Nordstrom, although their departures are reportedly unrelated to the reorganization. […]

Is the brick-and-mortar apocalypse really on top of us, or have some brands just fallen out of style? Like many companies that were popular in the '90s and first decade of the '00s, Abercrombie & Fitch Co. is working on a turnaround plan for their company that has been in affect for the last three years. […]

INTERVIEW What do high fashion and shoe soles have in common? Well, they’re both areas in which 3D printing has made the biggest leaps and bounds in the fashion world. These days, it seems like the hype around 3D printing may have fizzled out a little. One day we may be able to print a T-shirt or blouse […]

Luxury group LVMH is reportedly thinking about selling luxury Florentine brand, Emilio Pucci, various sources have told FashionNetwork. Asked about the reports, however, Sidney Toledano, the president of LVMH Fashion Group, which oversees Pucci, along with Celine, Marc Jacobs, Givenchy, Kenzo and others, […]

For its fourth quarter ended February 2, 2019, Burlington Stores, Inc. reported total sales increase of 2.8 percent to 1,991 million dollars. Excluding the 53rd week last year, the company said, total sales increased 7.4 percent with new and non-comparable stores contributing an incremental 173 million […]

Retail tycoon Mike Ashley has announced his intention to take over the struggling department store chain Debenhams. Sports Direct International announced through a statement that it has requisitioned a general meeting of Debenhams plc (Debenhams) to appoint Ashley to the board of directors of the company […]

UK fashion and accessories brand LK Bennett has gone into administration, resulting in 55 redundancies and five store closures. The stores which have shut are Sheffield in the Meadowhall shopping centre, Bristol, Liverpool and Brent Cross and Westbourne Grove in London. Accountancy firm EY is overseeing […]

Primark has announced that it will be moving 220 UK-based product operation roles to its Dublin headquarters. Redeployment will begin in September 2019 and will affect buying, merchandising, design, quality and sourcing operations staff at the company’s Reading office. At the moment, these operations […]

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