Asos’s annual trends report is particularly interesting this time given that its customers were locked down for much of the year. So what were they buying? Comfortable loungewear, loose jeans and celebrity favourites.
It’s become something of a 2020 tradition for retailers to coincide new store openings with post-lockdown reopenings and on Wednesday, as England’s stores welcomed shoppers back, there were three fashion-linked debuts.
Over 30 retail brands from across London’s King’s Cross and Coal Drops Yard retail destination have launched a combined ‘United We Shop’ campaign, supporting the area’s extensively redeveloped shopping streets.
Profitable and debt-free are two elements to any results statement worth opening with in Covid-crushed times like these. So it’s little wonder Australia-based e-tailer MySale Group was in an upbeat mood Thursday.
LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."
Abercrombie & Fitch is to close a selection of major flagship stores, including London, Paris and Munich, it announced with its latest set of results on Tuesday. The stores have been a major drag on its performance.
In the role, Morrison "will be responsible for ensuring that the company has the right practices in place to attract and retain a workforce that is as diverse as the communities where we live and work," Levi's said.
The owner of brands including Umbro, Lee Cooper and Ecko Unltd reported Q3 net income of $45.7 million on Monday, swinging back into profit despite the negative impact of the Covid-19 pandemic on its revenues.
Fast Retailing has announced a “strategic plan to re-articulate the business model” of premium denim brand J Brand. That means it’s shifting it toward direct distribution and will cut some jobs in the months ahead.
Wales emerged from its 17-day 'firebreak' lockdown Monday morning with store retailers hoping that consumers’ pent-up demand to shop will translate into a speedy return to some sort of trading normality.
Hopes of the slender retail recovery in October continuing have been dashed as “desperate UK retailers face a disastrous golden quarter hammered by a second lockdown and a lack of clarity over Brexit”, BDO said Friday.