Moss Bros, the British formalwear retailer that last year launched a company voluntary arrangement (CVA) amid difficult trading conditions, has reported a 7.4 million pound loss before tax for the year to 25 January 2020, compared to a loss of 4.2 million pounds a year earlier. The menswear retailer’s […]

Lingerie retailer Bravissimo has scaled up its online presence and customer service after securing a multi-million-pound funding package from NatWest to navigate the Covid-19 pandemic. In a statement, Bravissimo, said that it has used the working capital support from NatWest to support ongoing investment […]

London-based Fashion Retail Academy is expanding its reach to Scotland for the first time through Fuse, an exclusive partnership with St James Quarter and Edinburgh College to help boost the country’s retail industry. Fuse, which is currently recruiting more than 450 retail jobs within St James Quarter, […]

In this exclusive interview with FashionUnited, Koen Vanpraet, CEO of payments provider PXP Financial, offers some some practical advice for fashion retailers looking to move past lockdowns and pandemic-related challenges. Blending digital and in-store experiences and offering a broad choice payment […]

Clarks has reported an 8 percent drop in sales for the year ended February 2020, prior to the full force of the pandemic reaching the UK. The British footwear retailer saw revenue drop to 725.3 million pounds for the year, compared to 790 million pounds in 2019, which it said reflected “continued difficult […]

The UK’s annual GDP fell by 9.9 percent in 2020 amid the pandemic, the largest yearly slump on record. The economy returned to growth in December, up 1.2 percent compared to a drop of 2.3 percent in November as restrictions eased, according to new data from The Office for National Statistics (ONS). […]

The UK government has announced a new 20 million pound fund to help small and medium-sized businesses deal with changes to trade rules with the EU. The Brexit Support Fund will help businesses adjust to new customs, rules of origin, and VAT rules when trading with the block, cabinet office minister […]

The owner of London’s Westfield shopping centre has said it is cutting down on its presence in the US and focusing on its UK estate as it navigates its way through the pandemic. Property giant Unibail-Rodamco-Westfield (URW), which has been heavily impacted throughout the year by global store closures, […]

With biodegradable and other more sustainable denim innovations, products and collections, the fashion industry’s efforts towards more circularity and a cleaner footprint continue in 2021. Young brands, such as Qwstion, the Swiss company making premium bags, forego traditional materials altogether and […]

Washington - Amazon and Salvatore Ferragamo filed lawsuits in US courts on Thursday accusing third-party sellers of using the e-commerce site to sell counterfeits of the Italian brand’s products. The separate lawsuits accuse four individual merchants and three companies based in the United States or […]

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