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.
British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive period.
"Beauty and gifts support good Christmas performance” was the subject line of Debenhams' trading update Thursday, echoing what it has said recently about key growth areas as it cuts its reliance on volatile clothing.
The worst start to a trading year for Next shares since 1991 underscores the plight of mid-tier UK retailers hit by a combination of fierce online competition and higher costs driven by a weaker pound.
Debenhams is axing or reducing some of its designer ranges under the direction of new CEO Sergio Bucher, according to a UK press report. A newspaper said Betty Jackson will be dropped and Jeff Banks cut back.