An analyst thinks that after the pandemic is over, Ted Baker needs to reduce its reliance on the core categories that have proved a turn-off during the crisis and to make more casual categories a focus of its marketing.
UK shoe giant Clarks has filed its results for its year to February 2020 and the figures show just how much it was struggling even before the pandemic forced its stores to close and sent footwear demand plummeting.
The sale of four Arcadia brands to ASOS on Monday was no surprise. But what was a surprise was that no mention whatsoever was made of the future of store jobs at the Topshop, Topman, Miss Selfridge and HIIT businesses.
Outlet malls giant McArthurGlen has promoted Nick Brady to its top leasing role. He'll oversee all brand acquisition and asset management for its 25 designer outlets in 10 countries across Europe and in Canada.
Just three months after being acquired by new owners, Brooks Brothers is off to a fresh start under the aegis of Ken Ohashi and Michael Bastian, its new president and newly appointed creative director, respectively.
Ted Baker released its half-year results on Monday plus an update on Q3 and Q4, and the news was far from good. The 28 weeks to August 8 saw its revenue falling almost 46% and its underlying pre-tax loss ballooned.
It’s become something of a 2020 tradition for retailers to coincide new store openings with post-lockdown reopenings and on Wednesday, as England’s stores welcomed shoppers back, there were three fashion-linked debuts.