One hesitates to consider the budget for flights this season for the Kenzo runway show, seeing as the half the cast of some 80 all-Asian models, were flown in from the east especially for this men’s and women’s show.
Next boss Lord Wolfson has urged the UK government to ensure that the country has a smooth and “orderly transition” as it leaves the EU or risk "years of economic decline" for the country as well as issues with staffing.
The UK election may have ended with no single party having control and the ruling Conservatives cancelling some plans, but the policies unveiled in the Queen’s speech have been hailed as good for retail by the BRC.
UK clothing sales hit a new low online last month with just 7.6% growth as Britons kept their purses and wallets closed because of higher prices, dull weather, Brexit blues and uncertainty due to the general election.
N Brown was upbeat Tuesday as its womenswear and plus-size brands powered on, despite a weak environment, and its online operations soared. But its US business is a work in progress and will get more marketing spend.
Apax Partners seems to be the frontrunner to buy fashion and GM e-tail giant Shop Direct, yet it’s still not a one-horse race with US private equity firm Hellman and Friedman also reported to have entered the fray.
It was a tough year for Bonmarché as the weather, too much casualwear, too little newness and a reliance on China for supplies hurt its ability to react to trends, even if its target customer is not trend-obsessed,
The men's fashion trade show that ended Friday in Florence posted a 7% decline in buyers. Organizers pointed to problems posed by a transportation strike in Italy, offset by a strong showing of foreign buyers.