Otto Group could eventually list its fast-growing fashion unit About You, but it's clear a stock exchange move is some time away yet as it focuses on finding a strategic partner and growing internationally first.
Sainsbury’s has been mulling a takeover bid for embattled Mothercare, and while analysts think a deal unlikely, they see it as a prime target given its plunging share price and well-publicised cash flow problems..
Smyth & Gibson, a company that manufactures shirts for well-known brands including Thomas Pink and House of Fraser, has told staff there will be no work at the factory until mid-May after losing a major client.
The fashion retailer selling cult menswear brands has been named as one of the fastest-growing companies in the UK after seeing profits soar by 139%. It is planning to open a flagship store in London’s Soho this year.
Fashion sales suffered more than other sectors in the UK during March as snow dented consumers' enthusiasm for spring collections and also meant they held back from online spending over fears that orders wouldn't arrive.
U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, sources said.