Frasers Group has bought another company with the purchase of designer fashion retailer Psyche for an undisclosed sum. The company has a 40,000 sq ft shop in Middlesbrough, and a webstore, and employs 58 people in total.
British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the EU on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
The British Fashion Council, UK fashion’s governing body, announced on Thursday the dates of the next three editions of London Fashion Week, even as it revealed that there would be no January menswear season in 2021.
Higher costs, partly linked to Stella McCartney's buyout of her brand from Kering, helped to wipe out profits at the brand in its latest year, with the just-filed accounts showing an operating loss of more than £10m.
Brace yourself for the first post-Brexit season in London, which will dominate the coming long weekend. It has finally happened, and nobody in the UK or throughout European fashion seems terribly happy about that.
Versace and Jimmy Choo made huge progress in accessories in the latest quarter at Capri Holdings, but with 150 out of the group's 225 Chinese stores currently closed, it still faces challenges, its CEO said.