Of all UK online sectors, clothing was the hardest hit by the decline in consumer spending in September, growing by just 2.2% compared to September 2017, the latest IMRG Capgemini e-Retail Sales Index has shown.
Fat Face’s CEO is on the way out, but it’s not the usual rapid exit from an under-performing company with the exec to stay for several months and saying the firm is “in good shape”. Anthony Thompson leaves in January.
On the eve of its semi-annual results, the company celebrated the reopening of its Milanese flagship. FashionNetwork.com analyses the event that reveals the intricacies within the omnichannel retail giant.
Following a month of news about UK retail failures, finally some good news. It seems that Jigsaw has dealt with its cash flow problems by signing a £20m deal involving one of the founders of Carphone Warehouse.