With winter winds looming and temperatures dropping to subzero levels, there is nothing better to keep you warm in the most fashionable sense, as a luxurious piece of cashmere. Still associated with being exclusive, expensive and chic, the cashmere-wearer becomes accustomed to its light touch; anything […]

Gucci Group today said Valerie Hermann will be leaving Christian Dior to be the new chief executive of the Yves Saint Laurent brand. Hermann, who will start at YSL in the second quarter of 2005, has headed women's ready-to-wear at Dior since 1999. She replaces James McArthur, an executive vice president […]

Customer demand for fur-trimmed ranges have helped New Look drive strong sales in the run-up to Christmas. The fashion retailer reported total UK sales for the 14 weeks to January 1 up 18.8 per cent, with like-for-like sales up 11.6 per cent. The company said strong customer demand for fake fur, mini-skirts, […]

Fashion retailer Next has seen like-for-like sales increase over the second half of the year, but has lowered its profit forecasts after a poor response to its end of season sale. Next said its store sales from August 3 to December 24 grew by 12.1 per cent, with like-for-like sales in the 285 stores […]

Sainsbury's discount fashion brand Tu have seen competitive price cuts in the past quarter, which paid off as the company saw "exceptionally" strong sales over Christmas, according to head of clothing Richard Jones. Prices across the Tu autumn range were cut by between 10 per cent and 20 per cent. Star […]

The number of bargain-hunters visiting the sales is up on last year, according to figures published by analysts. FootFall said the number of people in key shopping centres across the country over the final days of 2004 was 2.1 per cent above the equivalent days in 2003. The figures record only how many […]

Californian clothing giant Quicksilver is in the running for Groupe Rossignol, the winter sports equipment company, as the latest candidate in the sector's consolidation. In an endeavour for the US group to expand its core surf and snowboard fashion business into the outdoor sports market it has approached […]

Fashion retailer New Look reported 'strong progress' in its transformation - eight months after a £700 million takeover. New Look said changes to its distribution network and design team contributed to an 18.8% rise in total sales during the 14 weeks to New Year's Day. Like-for-like sales were […]

Peter Williams, the former CEO of Selfridges, is interested in acquiring LK Bennett, the British shoe, accessories and clothing retailer which was put on the block in November last year. Williams, who left the top role at Selfridges in February 2004 after Canadian billionaire Galen Weston acquired it […]

High street retailer Next, is hoping to unveil 'solid' Christmas sales figures this week, bringing hope to nervous investors worried about the downturn in consumer spending. Despite widespread fears that Next's sales and profits had been badly hit by increased competition on the high street and the […]

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