Two major UK fashion movers and shakers have invested in designer resale start-up Loop Generation. The London-based venture offers pre-loved, luxury fashion in womenswear, menswear, accessories and footwear.
Empty stores could be a thing of the past under a radical plan to revitalise UK high streets. A new government plan aims to force landlords to let retail units that have been vacant for longer than six months.
The news on Easter footfall to retail destinations was mainly good on Tuesday morning as the Ipsos Retail Traffic Index saw a week-on-week rise and — most importantly — a small fall compared to the pre-pandemic Easter.
The power of Gen Xers is clear from a new report. They were the highest online purchasers of fashion in 2021. And the 41-56-year-old demographic made up a fifth of cross-border ‘Power Shoppers’, according to an ESW study.
Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.
Laura Ashley has big news. It's signed a deal with IMG “to expand fashion and lifestyle products that reflect the brand in a fresh, modern way in Europe, Australia, New Zealand, China, India and the Middle East”.
UK-based fashion retailer Superdry has signed a worldwide fragrance licensing agreement with luxury goods company Lalique Group. It will exclusively create and distribute women’s and men’s fragrances from spring 2024.