Mike Ashely, the founder of Sports Direct and latterly The Frasers Group, is to relinquish his directorships in the business. As a departing gesture, he will provide the group with an additional £100m in support funding.
For John Lewis, charity certainly does begin at home. The Partnership has admitted it’s to redirect some of its marketing budget to help pay for food for staff struggling with the cost-of-living crisis.
As he prepares to launch a "Basic Village" in Milan, Lorenzo Boglione, vice-president of BasicNet, owner brands including Kappa and K-Way, talks to FashionNetwork.com about the group's strategy facing the current market.
The UK’s online retail sales were down for the 17th month in a row in August, with a 4.1% year-on-year (YoY) drop, reversing the positive progress seen in July. But at least clothing did well, more of which later.
Unbound Group — best known as the owner of the Hotter footwear brand — released its interim results on Tuesday with strong sales growth as the company continues its transformation into a multibrand retailer.
British fashion brand Boden drove sales and profits higher last year with the company releasing its 2021 results on Tuesday and saying its improvement came as “dresses returned to the top of the bestseller list”.
Ralph Lauren Corp. announced on Monday its strategy to accelerate revenue growth to a compound annual growth rate of mid- to high-single digits over the next three years, as it homes in on new customers and key cities.
As JD Sports Fashion welcomes a new chief executive before the month closes, the UK-based retail giant is expected to report a slight drop in profits when it publishes half-year results on Thursday, September 22.
In 2023, Oh My Cream will celebrate its tenth anniversary. For this new decade, the beauty concept store will focus on exports. Meet Juliette Levy, its founder, who will open two new boutiques in London this October.