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Next confirms Cath Kidston acquisition for £8.5m

Next confirms Cath Kidston acquisition for £8.5m

Next has confirmed its widely expected purchase of the Cath Kidston brand. In the briefest of stock exchange announcements the company said it's paying £8.5 million for the brand.
Fashion
Hotter owner Unbound mulls possible takeover by WoolOvers Group

Hotter owner Unbound mulls possible takeover by WoolOvers Group

​Unbound Group is the latest stock exchange-listed UK business to consider a takeover offer that may be well above its market capitalisation based on its recent share price, but is still far below its all-time high.
Fashion
Next in talks on Cath Kidston buy, deal possibly imminent

Next in talks on Cath Kidston buy, deal possibly imminent

​Next is back on the acquisition trail. The retail giant, which delivers its results later this week, is reportedly in “advanced talks” about buying troubled Cath Kidston.
Fashion
Bluestar Alliance acquires bankrupt Scotch & Soda, some downsizing likely

Bluestar Alliance acquires bankrupt Scotch & Soda, some downsizing likely

​Dutch fashion business Scotch & Soda has been acquired by Bluestar Alliance, the American brand management company, for an undisclosed sum, with the new owner believing it can attract new shoppers to the label. 
Fashion
In the Style £1.2m sale approved by shareholders, but almost 40% are against it

In the Style £1.2m sale approved by shareholders, but almost 40% are against it

In The Style (ITS) must be breathing a sigh of relief with its shareholders narrowly approving its £1.2m sale to private equity firm Baaj Capital, avoiding an administration filing. ​
Fashion
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO

Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO

There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO. 
Fashion
Hyve Group talks of strong events momentum, revenues improving

Hyve Group talks of strong events momentum, revenues improving

Back to running a full schedule of global events, Hyve Group said Monday it has started this year with “purpose and momentum”, alongside strengthening revenues.
Fashion
Sandro links with Hurr for UK rental launch

Sandro links with Hurr for UK rental launch

​SMCP’s premium Sandro label has entered the rental market in the UK in a deal with rental specialist Hurr that starts with the current SS23 collection.
Fashion
End of the online boom? Not for Millennials says ESW report

End of the online boom? Not for Millennials says ESW report

​There's been a lot of talk post-pandemic about how e-tail growth has stalled and physical shopping has recovered. But many consumers remain heavily focused on e-commerce, and Millennials are most prominent among them.
Fashion
UK Gen Z shoppers embrace VAT-free EU spending post-Brexit

UK Gen Z shoppers embrace VAT-free EU spending post-Brexit

​The UK may have failed to offer the hoped-for Vat-free shopping for EU tourists post-Brexit, but British tourists are taking advantage of their ability to shop tax-free within the EU, and Gen Z is leading the charge.
Fashion
Once banned, now back: Iran sees timid return of neckties

Once banned, now back: Iran sees timid return of neckties

For the first time, neckties, long banned in Iran as a symbol of Western decadence, are available to purchase in the nation.
Fashion
Mary Portas weighs in as John Lewis controversy continues

Mary Portas weighs in as John Lewis controversy continues

JLP Chairman Sharon White is mulling bringing in an outside investor, but the idea has sparked a big backlash and at the weekend, a high-profile industry insider accused the retailer of losing sight of what’s important.
Fashion
Acne Studios opens in the Miami Design District

Acne Studios opens in the Miami Design District

Spanning 200-square-meters across two floors, the store opens with the brand’s latest spring/summer 2023 collection. 
Fashion
Naomi Campbell is star of new Fendi Peekaboo bag campaign

Naomi Campbell is star of new Fendi Peekaboo bag campaign

​Naomi Campbell is back as the face of the Fendi Peekaboo bag for its SS23 campaign, shot by British photographer David Sims.
Fashion
M&S spring style campaign puts bigger focus on men's and kidswear

M&S spring style campaign puts bigger focus on men's and kidswear

​M&S has unveiled its spring style marketing campaign and it’s interesting that the company said the campaign “has an upweighted focus on kids and menswear".
Fashion
Sports Direct owner mulls buying France's Go Sport

Sports Direct owner mulls buying France's Go Sport

​One of the UK’s most acquisitive companies as far as distressed brands are concerned — Frasers Group — is mulling the purchase of France-based Go Sport out of insolvency.
Fashion