Monsoon Accessorize has appointed retail property specialist Harper Dennis Hobbs to help reopen 100 of the chain’s stores across the UK “in time for summer”. “Monsoon and Accessorize are both staples of the British high street, and we are delighted to be advising Peter and his team to ensure stores […]

British womenswear retailer Long Tall Sally is to cease trading. The 44-year-old company, which specialises in clothing for tall women, said the “very sudden and very profound impact” of Covid-19 had further compounded already difficult trading for the retailer. It said it will be officially closing […]

Ramphastos Investments has announced that it has failed to reach an agreement with Hema’s bondholders after offering 523 million euros in an attempt to reduce the company’s debts. The owner of Ramphastos Investments Marcel Boekhoorn acquired Hema at the end of 2018 and has since invested 115 million […]

British fashion and lifestyle brand Joules has said it expects to make an underlying loss of between two to three million pounds for the year to 31 May following the closure of its stores across the UK due to Covid-19. Group revenue for the year was down 12 percent to 191 million pounds. Retail sales […]

New York-based label Sies Marjan is closing down its business. The five-year-old brand, founded by Dutch designer Sander Lak and known for its striking bright collections, was a popular fixture at New York fashion shows. The company was funded by billionaire couple Nancy and Howard Marks. But it came […]

Wolf & Badger has reported record year-on-year growth in April and May despite only operating online due to lockdowns caused by the Covid-19 pandemic. In those two months, the multi-channel retailer reported a 66 percent jump in overall sales compared to the same period in 2019, generating 2.8 million […]

Shoe Carnival, Inc. has announced that its board of directors has approved a six percent increase in its quarterly cash dividend. The company said in a statement that the quarterly cash dividend of 9 cents per share will be paid on July 20, 2020, to shareholders of record as of the close of business […]

Fashion brands from Eastern Europe are still under-represented on the European fashion market. This could soon change, as 34 fashion labels from Moldova and Belarus are now eager to make an entrance. They are participating in the Ready to Trade project, organised by the CBI (Centre for the Promotion […]

Mike Ashley’s Frasers Group has taken a 5.1 percent stake in German label Hugo Boss through stocks and derivatives as it continues its plan to become more high-end. The group, which owns House of Fraser, Flannels, Jack Wills and Evans Cycles, said the decision reflects its growing relationship with […]

Hammerson has announced that Robert Noel will succeed David Tyler as Non-Executive Chair of the company. The company said in a statement that Noel will join the board and take over the position by October 1, 2020, at which point Tyler will step down from the company. When he joins, Noel will also chair […]

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