French Connection said it's making progress and will be profitable again by year-end. But in H1, sales fell and it remained loss-making, despite wholesale in the UK, Europe and US firing on all cylinders.
The Very brand boosted Shop Direct in its latest year with sales and customer numbers rising. But while operating profit is rising too, one-off items kept it lossmaking, although it's upbeat for the future.
Sports Direct said on Monday that any suggestion that it wants to block the potential sale of Debenhams' Magasin du Nord was “irresponsible and incorrect” as it denied claims that it wants the chain to collapse.
With London Fashion week kicking off now, Mintel is predicting that UK womenswear sales will grow 14% between this year and 2022 to reach an eventual £33.5 billion as women seek greater quality in their fashion buys.
Superdry had big news Wednesday with a new fashion fashion initiative to reach the Asos generation and a big new hire, the company having lured Tommy Hilfiger's former global head of womenswear to its brand.