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Fashion tech app start-up Seamm gets $1.7m in funding

Fashion tech app start-up Seamm gets $1.7m in funding

Seamm, a start-up digitising fashion goods for virtual worlds, has raised $1.7 million in funding “to scale go-to-market activities, attract and hire top talent, and accelerate the development of its platform”.
Fashion
GPE upbeat on key London commercial property leasing

GPE upbeat on key London commercial property leasing

Major London commercial property landlord GPE reported strong leasing activity during in its first half as demand for key capital spaces continues to attract retailers.
Fashion
Shaftesbury launches recycling test on Carnaby Street, fashion labels sign up

Shaftesbury launches recycling test on Carnaby Street, fashion labels sign up

Are You Mad. No, that’s not a question but the name of Shaftesbury’s latest consumer-facing effort to promote sustainability. The London property giant has opened its first visible recycling unit on Carnaby Street.
Fashion
Browns East closes with Brook Street in West End now the main focus

Browns East closes with Brook Street in West End now the main focus

​Browns has closed its much-talked-about Browns East branch in Shoreditch with the retailer saying the branch had originally been planned as a pop-up in 2017, but “was so successful that we stayed the course for longer”.
Luxury
Next downgrades sales and profits forecast as consumers rein in spending

Next downgrades sales and profits forecast as consumers rein in spending

​Next is one of the most successful UK fashion retailers, so when it downgrades profit guidance that it only upgraded last month, you know the sector as a whole is facing tough times. And that’s what it did Thursday.
Fashion
Russia exit dents H&M in Q3, but it sees September upturn

Russia exit dents H&M in Q3, but it sees September upturn

​H&M Group’s nine-month report showed a 13% rise in net sales. But Q3 was very weak due to the Russia exit and “many other external challenges”, although September saw a recovery.
Fashion
Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido Europe is set to acquire Gallinée, a brand founded in 2016 by France’s Marie Drago. The brand harnesses active probiotics to soothe, balance and strengthen skin.
Beauty
Labour pledge to abolish business rates questioned by property specialist

Labour pledge to abolish business rates questioned by property specialist

As Labour surges in the UK polls, it’s clearly scenting opportunity in areas the Conservatives haven’t fully addresses and has pledged to abolish business rates and introduce initiatives to ‘save the high street’.
Fashion
Battersea Power Station to host festival for October opening celebration

Battersea Power Station to host festival for October opening celebration

​The countdown has begun to the opening of London's repurposed Battersea Power Station.The official launch of the new retail, leisure and residential area will begin with a five-day ‘Festival of Power’ in October.
Fashion
Grosvenor/Mitsui Fudosan in JV to redevelop London's South Molton Triangle

Grosvenor/Mitsui Fudosan in JV to redevelop London's South Molton Triangle

A key section of London’s South Molton Street is to be the subject of a major multi-million-pound upgrade. The South Molton Triangle remodel will be a venture between property giants Grosvenor and Mitsui Fudosan UK.
Fashion
John Lewis launches festive drive to help shoppers spread their Xmas spend

John Lewis launches festive drive to help shoppers spread their Xmas spend

​John Lewis is the latest retailer to launch initiatives to help customers afford their festive shopping this season with a wider returns window, click & collect tweaks and special promotions.
Fashion
Many consumers to spend less this festive season says Gartner study

Many consumers to spend less this festive season says Gartner study

It may not be a merry Christmas for many in global retail as the holiday shopping season looms with a new study showing consumers are planning to spend less than last year due to inflation.
Fashion
Burberry creative chief Tisci to exit, Daniel Lee takes the design reins

Burberry creative chief Tisci to exit, Daniel Lee takes the design reins

Burberry has delivered what would have been a bombshell announcement had it not been rumoured for some time — Riccardo Tisci will be stepping down as Chief Creative Officer. And his replacement? Step forward Daniel Lee.
Luxury
LA Fashion Week: N4XT Experiences unveils its program

LA Fashion Week: N4XT Experiences unveils its program

The new edition of the Los Angeles Fashion Week, scheduled from October 6 to 9, and officially registered in the CFDA Fashion Calendar, unveils the details of its event. 
Fashion
L'Oreal to face lawsuit over wrinkle-smoothing collagen claims

L'Oreal to face lawsuit over wrinkle-smoothing collagen claims

L'Oreal SA on Tuesday failed to persuade a U.S. judge to dismiss a proposed class action lawsuit accusing the company of defrauding shoppers by suggesting that two topical collagen products help smooth wrinkles.
Beauty
River Island is back in profit as it grows at home and in N. America

River Island is back in profit as it grows at home and in N. America

​British fashion retailer River Island had good news this week with the company seeing turnover up 23.2% last year at £740 million. 
Fashion