Announcing an updated strategy and three-year plan designed to stabilize profitability and position the company for growth, Macy’s Inc. said, the company plans to close approximately 125 of its least productive stores over the next three years, including approximately 30 stores that are in the process […]

An advertisement by fast fashion retailer Pretty Little Thing has been banned for being offensive and overly sexualized. The campaign, which features scantily dressed women wearing exposing lingerie, was shown in a YouTube advertisement but banned by the Advertising Standards Authority (ASA) for depicting […]

Beales, the department store that began trading in Bournemouth in 1881 and has 23 shops, has announced it will cut 32 head office jobs after it entered into administration. The company announced there will be no immediate store closures as the chain hopes to find a suitable buyer for the business. Accountancy […]

Alt Mat, Block Texx, Descatuk, Indra Water, Infinichains, JSP, PurFi, Sasmira and Textile Genesis. These are the nine start-ups selected for Fashion for Good’s first innovation programme focused on South Asia, which will take them on a nine-month journey including mentoring, coaching and support from […]

Mike Ashley’s Frasers Group, formerly known as Sports Direct, has announced it has acquired a 12.5 percent share in luxury British handbag label Mulberry as the group moves forward with plans to become more upmarket. Though a price for the deal wasn’t disclosed, based on Friday’s share price when the […]

Maker of sustainable fibers broadens product portfolio to enhance versatility Eastman Naia™, cellulosic filament announces the expansion of its Naia™ fiber portfolio at Première Vision-Paris (PV), the international fashion and textile exposition this February. With the introduction of its new cellulosic […]

VIA Outlets, a joint venture between APG and Hammerson that owns eleven premium fashion outlets in nine European countries, has reported continued strong growth for FY 2019, with a 8.4 percent increase in brand sales and 6.1 percent rise in footfall growth. Europe's fastest-growing owner-operator of […]

Swedish menswear brand CDLP, offering “men’s essentials”, has raised 4.3 million euros from a group of investors led by Matchesfashion founder Tom Chapman and Swedish entrepreneur Cristina Stenbeck. The investment round was also with continued financial backing from existing shareholders including former […]

Danish jewellery brand Pandora has reported “solid” like-for-like improvements in Q4 following its brand relaunch, which introduced a new logo, signature colour, design collaborations and new store concepts. In Q4 2019, Italy, France and Germany delivered positive like-for-like, while growth momentum […]

Goods made in Britain are back in demand as the UK’s manufacturing sector has seen its highest growth in nine months. According to the IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) figures rose to 50 percent in January, up from 47.5 the previous month. Manufacturing makes up 10 percent […]

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