Topshop owner Arcadia has given its suppliers notice that it expects a 2% discount on orders, citing the tough retail environment and higher costs, and leading analysts to question how weak current trading might be.
LK Bennett has seen some challenges of late but the fashion retailer believes its turnaround is on track, despite more red ink last year. E-sales are surging at home and in the US and it's opening stores in new markets.
It was a tough year for Bonmarché as the weather, too much casualwear, too little newness and a reliance on China for supplies hurt its ability to react to trends, even if its target customer is not trend-obsessed,
Big chains and brands must learn from the more dynamic smaller players in the market, to think about technology, tap into their customers' lifestyles and avoid the squeezed middle says brand strategy guru Camilla Crane.
Primark will open its biggest UK store before Christmas next year in the centre of Britain’s second city, Birmingham. It comes as Birmingham continues to secure its status as a key shopping destination.
UK consumers are moving their fashion spend online and more of their total spend is leisure-focused with new figures from PwC and LDC showing fashion retail losing out last year as more stores than ever closed.
LK Bennett is officially launching its first store in Russia on Thursday (March 16). The debut follows a soft launch last August at the Metropolis mall in Moscow as the UK firm targets faster growth abroad.
Flash sales specialist MySale should have brought a smile to the face of Sir Philip Green on Wednesday. A day after he paid £363m into the BHS pension fund, Green's investment in the e-tailer appeared to be paying off.