
Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China, and the group said it expected to double sales in the medium term.
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Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China, and the group said it expected to double sales in the medium term.
With Missguided said to be in the sights of both JD Sports and Frasers Group, and its CEO-founder stepping down, the brand is now being helmed by a new leadership team.
Banking giant Barclays is calling for the ‘buy now, pay later’ market to be subject to the same stringent regulation as the wider consumer credit sector.
Manufacturers who fail to maintain high ethical and sustainable standards beware. One in five UK retailers cancelled contracts last year with suppliers who fell short of required levels.
Re-commerce start-up Responsible has raised €5.8 million to develop its “pioneering embedded finance platform” for the fashion industry. The funding was led by Barclays Sustainable Impact Capital and Techstart Ventures.
UK-based luxury concierge service Quintessentially is contemplating a sale, according to reports. The business is looking at several options with hopes of securing a speedy deal.
With fears over the UK economy growing, the buy-now-pay-later industry looks set to boom. And joining the financing option are Amazon and Barclays to enable online UK customers to pay for purchases in instalments.
In the month before the Omicron variant emerged, UK retail sales continued to advance with fashion sales proving strong, the country's statistics agency said on Friday. But it's unclear how December will play out.
Around 15 million people in the UK are using buy now, pay later (BNPL) credit, a rise of 23% year-on-year, a new study has shown.
Manchester-based luxury fashion brand Boda Skins has secured a retail partner deal with the city’s high-end department store Harvey Nichols, with the leather jacket specialist supplying a capsule range.