Tommy Hilfiger has opened a dedicated store for its childrenswear collection at the Icon Outlet at the O2, becoming the first brand to join the premium outlet centre in London since it reopened for trading on 15 June.
Ted Baker’s trading update on Tuesday showed just how hard the company has been hit by the lockdown and its aftermath as revenue plummeted 55%, even though it described its performance as “resilient”.
Harvey Nichols is the third big name in just a couple of days to be mulling job cuts in the near future. The company is looking at removing roles from all of its stores, although it's trying to minimise the impact.
River Island has become the latest fashion retailer to move into the beauty sector with news that it has signed a seven-year deal to launch cosmetics, fragrances and toiletries for women, men and kids.
New LovetheSales.com analysis of e-shopper demand shows a hunger for luxury investment pieces as well as high street fashion for the looming day when consumers will be able to restart their social lives.
Ted Baker announced the results of its share placing on Thursday and while the firm’s shares have seen their values steadily falling for a number of years, it proved popular as all the new shares were sold.