11 designers from regions including Hong Kong, India and the UK have been announced as finalists for this year’s Redress Design Award, which aims to encourage the fashion industry to become more circular.
CVAs are ‘the new black’ in the UK this year but it seems that while House of Fraser is-on trend in this respect, it might struggle to get its CVA through as landlords prove uniquely resistant to its plans.
The apparel company released its Q1 2018 results on Wednesday, posting widening losses due to declines in its wholesale segment, and announcing the appointment of Maria Borromeo as president of Hudson Jeans.
Luxury concept store The Shop at Bluebird has opened its much-anticipated new flagship location with a debut on London’s Floral Street, just down the road from the street’s most famous tenant, Paul Smith.
The Beales department stores chain is proving that smaller multi-category retailers can still do well, despite the woes being suffered by larger peers, as it talks to Palmers about a takeover of the two-store firm
Barneys New York is bringing The Drop, its two-day 90-brand immersive shopping experience, to its Beverly Hills flagship. The first LA Drop will debut 20 exclusive capsules, and feature designer appearances.
Consumer spending dropped in April, according to Visa’s UK Consumer Spending Index, with a 2% dip year-on-year, matching the decline seen in March, while the fashion sector saw its steepest fall for six months.
Footfall to UK stores was slow during April, despite the weather improving as the month wore on. The drop of 3.3% was a “significant decline” compared to the 1.6% hike in April 2017 when Easter flattered the figures.