The latest news
Mango opens in Westfield, will boost UK presence with 13 new stores in 2023
Mango opened a new UK store late last week — in London's Westfield Stratford City — and its debut in one of the largest shopping centres in the UK came as it also revealed that it will see many more openings in 2023.
Deichmann opens at Salisbury's Old George Mall
Deichmann is continuing to grow its UK physical store portfolio featuring its all-new retail concept. This time Europe’s largest shoe retailer has opened at Old George Mall, the premier shopping destination in Salisbury.
ASOS reveals new £75 million financing success, Bestseller owner participates
ASOS has announced it has raised £75 million in cash from shareholders as the struggling online retail giant seeks to strengthen its finances.
Deckers Brands clocks 'exceptional' sales year, Hoka brand continues to burn bright
Deckers Brands announced on Thursday net sales surged 15.1% to $3.627 billion for the fiscal-year 2023, on the back of double-digit gains across all channels and regions, and a 58% sales hike at Hoka.
Daniel Wellington unveils handbag line amid major strategic shift
Amid the splendor of the Ritz in Paris, Daniel Wellington unveiled its debut handbag line, the latest new development amid a major strategic shift for the Swedish watchmaker.
Adidas Originals and Craig Green unveil new Squash style
Remember the Adidas 1988 Squash performance shoe? If not, the German sportswear giant’s Originals brand has teamed up with designer Craig Green to debut the updated CG Squash Polta AKH.
Clarks is back in the metaverse with Roblox Playprints initiative
Clarks is returning to the metaverse via an “out-of-this-world adventure” with the launch of Playprints World on Roblox. This new development focuses on a category for which the brand is well-known — kids’ shoes.
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Uniqlo denies Russia exit plan, says no change to current suspension
Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.
Nike makes key changes to leadership team to drive growth
Nike has unveiled big leadership changes to help it “streamline our focus across product, brand storytelling and marketplace, while building long-term growth and profitability”.
Outdoor clothing brand Passenger gets new investment
Passenger, a UK-based outdoor clothing brand, is gearing up for faster expansion following an investment round that saw £15 million being pumped into the business.
UK inflation eases further but clothing prices still rising
UK inflation — including clothing prices — slowed again in April, although the rate remains high and prices continue to rise, which means consumers are thinking long and hard about discretionary purchases.
M&S sales continue to rise as fashion stays strong
M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs.
Frasers may buy ProBikeKit assets from THG
Frasers Group is on the acquisition trail again, this time the target is digital cycling and clothing goods specialist retailer ProBikeKit (PBK).
Adidas and Prada launch football shoe collection
For this specially designed collection the two brands have re-imagined Adidas' iconic footwear, combining Prada's signature codes with Adidas' high-performance football technologies.
Clarks is bouncing back post-pandemic, is confident for future
Footwear giant Clarks has released its latest set of accounts and the headline story is one of recovery and progress globally for the firm that had seen quite a few tough years.