Fashion has been the most hard hit category by Covid-19 pandemic. Compulsory store closures, work from home schedules followed by low footfall at opened stores, negatively impacted sales at almost every brick and mortar fashion retailer. According to Reuters, the Office for National Statistics report […]

British retailer N Brown has completed the 100 million pound fundraising it announced last month. The Manchester-based company has previously said the fundraising will help strengthen its balance sheet and “allow targeted investments to accelerate delivery of growth strategy to capitalise on the structural […]

Etsy, Inc. (NASDAQ:ETSY) hit a new 52-week high in early December after KeyCorp raised their price target on the stock from 160 to 180 dollars. KeyCorp currently has an overweight rating on the stock. The company has an average rating of “Buy” and an average price target of 142.23 dollars per share. […]

Livestream commerce has exploded in 2020, boosted by brands seeking new ways to deliver digital interactive shopping experiences to consumers who have been confined to their homes. The commercial opportunity for brands is significant, with China’s Commerce Ministry reporting that the number of e-commerce […]

Tier 4 government restrictions could force London’s buoyant beauty salons to lose over 16 million pounds per week. The figures were announced by the National Hair & Beauty Federation, which counts 7,015 hairdressing, barbering and beauty business in London, who collectively earned 841.5 million […]

The number of UK retailers - including both online and bricks and mortar stores - in “significant financial distress” jumped by 24 percent in the fourth quarter, as fresh lockdown restrictions and ongoing Brexit uncertainty continue to impact the industry. With Christmas just around the corner, a total […]

The relationship between China and Australia continues to deteriorate, after a year-long escalation of veiled accusations, decreasing mutual trust and strangled trade agreements. Now, the Australian cotton industry faces the potential loss of its 611 million Australian dollars cotton trade to China. […]

BESTSELLER’s International Business Trainee (IBT) programme offers ambitious graduates from all over the world the chance to learn how to navigate an international fashion company within Buying, Design, Retail Management, Sales Management, IT, E-Commerce, Finance, Logistics or Digital Learning and obtain […]

L Brands, Inc. has announced several key leadership appointments at Bath & Body Works. The company said in a statement that Julie Rosen has joined the business as President, and Deon Riley will join the business at the end of December as Chief Human Resources Officer. Both will report to Andrew […]

Frasers Group has withdrawn its guidance after new Covid-19 restrictions announced for London and the South East over the weekend meant the closure of “virtually all” of its stores in those areas. The group said Monday it has withdrawn its guidance of a 20-30 percent increase in underlying EBITDA during […]

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