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Fashion sourcing expert: “All supply chain challenges are colliding with a model that leaves little room for deviation”

Global supply chains are in turmoil, and it’s hurting fashion companies. Nike missed analysts' expectations in its latest financial results because of supply bottlenecks, and Puma and Adidas are talking about similar problems. Where are the current disruptions happening and what can fashion companies do in the short and long term to optimize...

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Business

Sports Direct increases stake in Debenhams once more

Value sportswear retailer Sports Direct has upped its stake in struggling department store Debenhams once more in its latest round of increases. According to a stock market filing on Monday, Sports Direct currently holds a 17.08 percent stake in Debenhams through, which is small increase from the 16.09 percent stake the sportswear retailer held...

Fashion

Fashion shares tumble

Concerns in the retail sector were evident as trading worries caused fashion stocks to tumble. Despite Next's good full year results, shares fell 106p to 1640p as the middle market giant said sales since its January 28 year end were worse than expected. The effect was felt at Marks & Spencer, even though it may be taking market share from Next....