​Boss, the Hugo Boss-owned label, said it’s “taking a bold step into the metaverse on the heels of a critically acclaimed Spring/Summer 2023 Fashion Show in Miami”. 

​After opening a joint giant-sized Uniqlo-Theory space on London’s Regent Street, the owner of both brands, Fast Retailing, is clearly pleased with the results and will open another in Covent Garden late next month.

​H&M’s Q1 results showed the company increasing operating profit, net profit and sales in the three months to the end of February. But challenges remain and many spring season sales have been delayed by cold weather.

There's a massive opportunity in the rental and resale market with Bloomberg Intelligence saying in a new report that the higher end of this market could grow fivefold as soon as 2025 with resale a particular focus.

Wolverine Word Wide Inc. announced on Wednesday plans to move its Sweaty Brand brand to its London-based international group, in addition to revealing job cuts within its UK workforce, as it looks for a new CEO. 

​Luxury streetwear brand Aries is having a busy month with the London-based label following up a Yoox collaboration earlier in March with a Tommy Hilfiger link-up this week.

Greek retail tech company SafeSize has raised €14 million in Series B funding with participation of Phaistos Investment Fund as well as existing investors Convent Capital and 3TS Capital Partners.  

Fresh from news of its latest acquisition — Cath Kidston — Next has reported its annual results and as is usually the case with the company, it achieved a performance many peers would envy.

​New Look has been ramping up its CX and logistics capability with news this week of two developments on the less glamorous side of the fashion industry.

Sneaker giant Adidas has retracted its request to the U.S. Trademark Office to reject an application for a Black Lives Matter trademark featuring three parallel stripes.

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.

​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.

​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. 

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. ​

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. 

Boots could be back on the auction block. Having removed the ‘up for sale’ tag last year, owner Walgreens Boots Alliance could be looking to offload or float the UK health & beauty giant later this year.