The UK department stores sector is reeling post-pandemic and after news that John Lewis is reviewing its strategy, it has emerged that Debenhams' owner could go under and half of Harvey Nichols' stores remain shut.
As footwear retailer Clarks seeks new funding, a number of private equity companies are reportedly keen to take a stake in the company. And a former Triumph head is joining next month to run the Clarks unit.
Milan Fashion Week Men's is set to take place from 14 to 17 July, mixing virtual performances with physical runway shows. 37 events are on the menu, including physical shows from Etro and Dolce & Gabbana on 15 July.
The circumstances surrounding the collapse of Laura Ashley in March will be under even closer scrutiny with the appointment of a second administrator to look at the financial situation of the company before its failure.
John Hargreaves, the multimillionaire founder of discount retailer Matalan, is suing PwC over claims the accounting firm gave him bad advice on how to avoid paying taxes when he moved from the UK to Monaco.