Amazon has soft-launched a new own-label fashion offer in the UK under the Find name. The extensive offer is value priced and features both women’s and menswear with volume basics and trend pieces included.
Debenhams profits may have dropped in H1 but the real news was its future strategy with a new focus on m-commerce, social shopping, beauty, lingerie, footwear and accessoriss, plus plans to shut some stores & warehouses.
Good news: House of Fraser profits rose fast in the year to January 28. Any bad news? Well, the company warned that trading is still volatile, overall sales were flat and comparable sales edged up a tiny 0.9%.
Debenhams' chairman has urged retailers to think about offering consumers more experiences rather than selling them more “stuff”. He said consumers, particularly Millennials, want to do more than just buy products.
There are big changes ahead for House of Fraser as the mainly-UK department stores chain cuts some brands, boosts others, adjusts the category mix to reflect modern shopping habits and to focus on its key consumer.
The list of bidders for Jaeger has grown and it looks like Edinburgh Woollen Mill could be in the lead with sources saying its owner’s track record of succesful turnarounds gives it a strong chance of winning the prize.
Pure London looked relatively busy last week despite the industry and retail sector facing huge challenges, from the impact of Brexit to business rate rises. Most interesting was the offer from newcomers to the show.
Reports of atheisure’s death are premature and the category is entering a new phase that will see it stronger was the message of a Euromonitor briefing on the future of one of the industry’s most dynamic categories.
Debenhams has teamed up with modest fashion brand Aab to launch a collection of all-covering clothes and hijabs. The range will be rolled out across 14 international stores along with pop-up shops in select UK stores.