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Analysis
Why the fashion industry is edging into beauty
Fashion brands have always been intertwined with the beauty industry as they historically benefitted from the same demographic of female…
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Clothing & Shoes
Farfetch revenues increase 10.7% in Q2
Online luxury fashion retail platform, Farfetch, has announced that the group’s revenue increased by 10.7% year-over-year in Q2 to $579.3m…
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Economy
Energy price cap to rise by 80% to £3,549 from October
Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year for dual…
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Supermarkets
Asda to remove ‘best before’ dates on produce
Asda has announced plans to remove the ‘best before’ dates on almost 250 of its fresh fruit and vegetable products…
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Supermarkets
Co-op Group appoints Shirine Khoury-Haq as CEO
The Co-op Group has announced the appointment of Shirine Khoury-Haq as the supermarket chain’s new CEO. Allan Leighton, chair of…
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Analysis
Do staff cuts really help in a recession?
The European fashion retailer, Zalando, has predicted a return to growth of up to 3% in H2 despite a 58%…
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Luxury Goods
Mulberry chairman Godfrey Davis to step down
Mulberry has announced that its chairman, Godfrey Davis, intends to step down from the board of directors on 30 September…
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Clothing & Shoes
Next increases stake in Reiss to 51%
Next has reportedly upped its stake in Reiss to 51%, having previously acquired a 25% equity stake in Reiss back…
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Economy
Consumer confidence hits record low of -44 in August
Acute concerns amid the soaring cost of living and bleak economic prospects saw GfK’s long-running Consumer Confidence Index fall by…
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Supply Chain
Bensons for Beds gets new funding as it appoints COO
Bensons for Beds has secured additional funding from owner Alteri Investors to drive its growth strategy and transformation plans further,…
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