The John Lewis Partnership, which comprises British retailers John Lewis and Waitrose, has outlined a new five-year digital-focused strategy which aims to see the company reach 400 million pound profits in five years. The company said the plan is “self-funding and takes into account uncertain trading” […]

Following the launch of the FashionUnited B2B wholesale Marketplace earlier this year, over 3.000 fashion brands have been added to the directory and hundreds of collections have been added to the platform. Over 30.000 buyers in the FashionUnited network can now access a worldwide purchasing platform. […]

In September, the fashion industry’s efforts in the areas of sustainability, resale and recycling continued. Brands and retailers have accepted the challenge to produce greener, more sustainable and resourceful products, campaigns and ways of operating. As far as cooperations are concerned, industry […]

Caleres has announced Amy Hunter will join the company as Vice President of diversity, equity and inclusion, effective October 21, 2020. Hunter, the company said in a statement, will help drive the company’s diversity, equity and inclusion strategy development and organization, including overseeing […]

LVMH Moët Hennessy Louis Vuitton recorded revenue of 30.3 billion euros in the first nine months of 2020, down 21 percent. On an organic basis, the company said in a statement, revenue declined 21 percent. The company added that revenue was down 7 percent in the third quarter to 12 billion euros on […]

New York – The Irish fashion retailer Pamela Scott will be closing near half of its stores across Ireland. On Thursday, the High Court appointed temporary administrators to the two related companies that operate the namesake brand’s 13 fashion retail stores. Pamela Scott’s pre-existing financial struggles […]

The Intu Potteries shopping centre in Stoke-on-Trent has undergone a change in management following the collapse in the summer of its owner, British property giant Intu. The site, which later this year will be renamed to The Potteries Centre, will now be run by property management business MAPP, while […]

In November 2019 LVMH announced it was to buy American jeweller Tiffany in an unprecedented 16 billion dollar deal. The following month, the onset of the coronavirus pandemic would change the course of the retail and luxury industry, so too company valuations, and mergers and acquisitions for the unforeseeable […]

British shopping centre operator Hammerson has said it has collected 41 percent of Q4 group rent so far but remained optimistic about improving levels. Breaking it up by country, the firm collected 38 percent of UK rents, 33 percent in Ireland, and 51 percent in France. It noted that these levels are […]

The UK’s Information Commissioner's Office (ICO) has said it will launch a probe into Swedish payment provider Klarna following complaints it had sent emails to people who had never used its service. The data protection watchdog said it received a flurry of complaints of the marketing email from people […]

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