Auditing firm Mazars has been appointed as liquidator to oversee the process. They will focus on what remains of Sir Philip Green’s collapsed Arcadia Group empire
According to the latest release by the British Retail Consortium, in the five weeks running from the 30th of May to the 3rd of July, sales increased by 13.1%
The UK-based company has announced that Martin Davies, Senior Independent Non-Executive Director has informed the Board of his intention to step down from the Board and as Chair of the Audit Committee with immediate effect
The American fashion group, owner of tags such as Gap, Banana Republic, Old Navy, Athleta, decided it would no longer have a physical presence in the UK and Ireland. In France and Italy, it has identified local partners who may continue to operate the brand
The iconic footwear brand Dr Martens sold 12.1 million pairs of shoes in the 12 months ending on the 21st of March 2021, an increase in volume of 14.4% compared to the previous business year
Burberry announced that Marco Gobbetti has notified the Board of his intention to step down as Chief Executive Officer and leave the company at the end of 2021. Mr. Gobbetti is joining Ferragamo
The retailers of sports, fashion and outdoor brands, announced that Iberian Sports Retail Group SL, its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK
The San-Francisco headquartered fashion group said it has plans to close 19 stores in the UK and Ireland next month as part of a restructure process with the aim to return to growth
According to what has been revealed by the British Retail Consortium (BRC), in the four weeks period running from the 2nd to the 29th of May, total UK footfall decreased by 27.7% in May (Yo2Y)
The British sports-fashion retail company is selling Sports Unlimited Retail to Iberian Sports Retail Group, its 50.02% owned subsidiary based in Spain. The deal should amount to 14 million British pounds (roughly 16.5 million euros)
The UK-based retailer and distributor of branded sportswear and fashionwear has issued a statement to deny the comments recently made in the media with regards to the position of Peter Cowgill, its Executive Chairman
Global fashion luxury group Capri announced that Jenna A. Hendricks will be promoted to Senior Vice President, Chief People Officer effective from the 1st of June 2021 onwards
The fashion group reported a drop in sales of its Michael Kors brand - in the order of 4% in the fourth quarter. This contrasts with the success of the brands Versace and Jimmy Choo, whose sales increased by 10% and 16%