Spanish fashion giant Inditex is reportedly set to close all its Bershka, Pull & Bear and Stradivarius stores in China. Bershka currently has 34 stores in mainland China, Pull & Bear has 37, and Stradivarius has 22. The stores could be closed as soon as January, WWD reports, citing anonymous sources. […]

Debenhams has closed its Irish website citing uncertainty around post-Brexit trading rules. Last month, it was revealed that Debenhams would begin winding down its business and closing its 124 stores after last-minute takeover talks fell through. The move put 12,000 jobs at risk. Since then, the business […]

Asos has announced plans to employ 2,000 people at a new 90 million pound fulfilment centre in Lichfield, Staffordshire, over the next three years. The 437,000 square foot warehouse, a joint venture between AEW and Allianz Real Estate, is based at Fradley Park and will be operational within 12 months, […]

Marks & Spencer has reported a slump in sales for the typically busy Christmas period, driven by significant drops in its clothing and homeware departments. For the 13 Weeks to 26 December, group Q3 sales dropped 8.4 percent to 2.77 billion pounds. UK sales fell 8.2 percent, or 7.6 percent on a like-for-like […]

Luxury British interiors, fashion and lifestyle brand House of Hackney has confirmed that they have been certified as a B Corp business, meaning that that met the highest verified standards of social and environmental performance, transparency and accountability. To achieve B Corp certification, House […]

Online fashion retailer The Bias Cut has reported record sales during the holiday season, up 463 percent compared to December 2019. Social media played a key role in the company’s success, with sales via Instagram up by 479 percent from the same period last year. The British retailer said it saw a particular […]

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE, has confirmed it has completed the acquisition of US jeweller, Tiffany and Co., and announced a new senior leadership team. In a statement, LVMH said that the acquisition of what it calls an “iconic” jeweller will “deeply transform” its watches […]

Steve Madden has announced that María Teresa Kumar has joined the board of directors. Kumar’s appointment expands the board to ten directors, eight of whom are independent directors. Kumar, the company said, will be a member of the company’s corporate social responsibility committee. Commenting on Kumar’s […]

L Brands, Inc. has reported net sales of 3.836 billion dollars for the nine weeks ended January 2, 2021, compared to net sales of 3.906 billion dollars for the same period ended January 4, 2020. The company said in a statement that comparable sales increased 5 percent for the period. At Bath & Body […]

Sainsbury's has reported strong third-quarter revenues over the Christmas period, with clothing sales also slightly up. In the 15 weeks to 2 January, like-for-like sales excluding fuel were up 8.6 percent, with total retail sales excluding fuel up 6.8 percent. Clothing sales were up 0.4 percent. For […]

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