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Paula Nickolds joins Sainsbury's in charge of fashion and GM

Paula Nickolds joins Sainsbury's in charge of fashion and GM

UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
Fashion
Joules adds ESG targets to finance deal

Joules adds ESG targets to finance deal

In a further sign of how important ethical, sustainable, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Fashion
Home, Label and kidswear boost Next in Q1, upgrades guidance

Home, Label and kidswear boost Next in Q1, upgrades guidance

​Next continued to show just how strong it has been in recent periods on Thursday as the retailer increased its guidance due to sales dipping only slightly in the latest quarter.
Fashion
Superdry say full-price strategy is paying off, Q4 revenue edges up

Superdry say full-price strategy is paying off, Q4 revenue edges up

​Superdry’s year-end trading statement has shown that revenue started to recover in Q4 and its “full-price discipline” drove a “significant” improvement in the quarter’s trading gross margin.
Fashion
Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Fashion
ModCloth acquired by outsourced e-commerce specialist Nogin

ModCloth acquired by outsourced e-commerce specialist Nogin

The digitally native indie fashion retailer has been purchased from Go Global Retail by Tustin, California-based e-commerce solution provider Nogin for an undisclosed sum.
Fashion
Last Debenhams stores to shut on May 15

Last Debenhams stores to shut on May 15

​Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
Fashion
Stockmann revenue falls, but losses narrow

Stockmann revenue falls, but losses narrow

Stockmann, the Finnish retail group that also owns the Lindex chain, said its consolidated revenue fell 7.1% currency-neutral in the first three months of the year, dropping to €155.7 million.
Fashion
L’Estrange menswear opens permanent store after Seven Dials pop-up

L’Estrange menswear opens permanent store after Seven Dials pop-up

​Cult menswear label L’Estrange has opened a permanent store in London’s Seven Dials at number 19 Earlham Street. The opening follows a stint in nearby Neal Street, in a pop-up that opened in November 2019.
Fashion
Boohoo rockets on pandemic boost, but return to normal looks good too

Boohoo rockets on pandemic boost, but return to normal looks good too

​Boohoo Group’s results couldn't fail to impress on Wednesday as the company reported full-year figures for the 12 months to the end of February that many would envy. 
Fashion
Hermès strikes confident note at virtual general meeting

Hermès strikes confident note at virtual general meeting

The luxury brand confirmed the continuity of its financial strategy at its general meeting on Tuesday and announced changes in the legal status of Émile Hermès SARL in order to welcome new members of the Hermès family. 
Fashion
Pentland names new Berghaus brand director as outdoor brand grows

Pentland names new Berghaus brand director as outdoor brand grows

​Berghaus has a new global brand director with Pentland Brands announcing the appointment of Charlie Pym to the role. He joins at a busy time for the brand as outdoor product booms.
Fashion
Online share of retail sales jumps to 19% amid lockdowns - U.N.

Online share of retail sales jumps to 19% amid lockdowns - U.N.

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed.
Fashion
Analysts expects stellar reports from Boohoo on May 5

Analysts expects stellar reports from Boohoo on May 5

​Analysts are predicting another bumper set of figures when the Boohoo Group announces its latest results on May 5. On Friday, a Jefferies report said it's expecting Q4 revenue growth of 23%
Fashion
Boss names Szasz as Business Director at Boss Womenswear

Boss names Szasz as Business Director at Boss Womenswear

​Hugo Boss has made a key appointment at its Boss brand with Kristina Szasz named as Director Business Unit at Boss Womenswear with effect from September 1.
Fashion
GBG sells off Spyder brand assets in South Korea

GBG sells off Spyder brand assets in South Korea

As it continues efforts to rightsize its portfolio and repay its debt, Hong Kong’s Global Brands Group has announced the sale of its Spyder business in Korea to Alpha Vista Investment Co. for $40 million.
Fashion