German consumer sentiment deteriorated further heading into June to reach the lowest level so far in 2018, suggesting that household spending in Europe’s biggest economy could slow in the coming months.
Britain’s second largest supermarket group has bowed to pressure from employees and trade unions by changing some of the pay proposals it detailed in March as part of a move to simplify the company’s wage structure.
The famous design competition has just revealed the identity of the 15 finalists in its Fashion, Accessories and Innovation categories, including labels such as Atlein, Eckhaus Latta, Facetasm, Kevin Germanier.
Apparel retailer Gap Inc reported quarterly same-store sales on Thursday that missed analysts’ estimates as its namesake brand struggled to clear excess inventory in a quarter marred by an unusually long winter.
H&M Group’s new fashion brand Nyden is making a strong case for celebrity collaborations, having announced three over the last week. The latest collaborator to be announced is English pop star Dua Lipa.
Sanpower, the giant Chinese conglomerate that’s selling a large chunk of its House of Fraser stake, has revealed a new industry strategy and named luxury specialist Guy Salter Chairman of its New Retail business.
Shop Direct continued to make strides as the UK’s second largest online retailer in the third quarter, however regulatory costs linked to PPI claims has pushed the parent company of Very.co.uk into the red.
Capco, the property developer that owns the freehold of Covent Garden, has announced it is considering a demerger after reviewing the “changing profile and scale” of the central London shopping district.