Marks and Spencer has undertaken a strategic shift in its retail approach, reducing prices across multiple product ranges to attract a broader customer base. Stuart Machin, the company’s chief executive,
Fashion
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ASOS is intensifying efforts to regain its position as a leading destination for fashion enthusiasts after reporting narrowing losses, despite ongoing pressures on revenue and customer numbers. The online retailer
On a mild November morning, Primark’s flagship Oxford Street store appeared noticeably subdued. As the Christmas trading period approached, only a handful of customers browsed heavily discounted £5 leggings and
Kim Kardashian’s Skims clothing brand has achieved a five billion dollar valuation after completing its latest funding round. The company, founded by Kardashian and Jens Grede in 2019, attracted 225
Burberry has reported its first quarterly sales growth in two years, bolstered by a significant recovery in the Chinese market and renewed interest from younger consumers seeking authentic British luxury
In a move closely watched by the City, Associated British Foods ABF has signalled the start of a long anticipated review into spinning off its jewel in the crown Primark.
Shares in ASOS fell 48 per cent yesterday following a profit warning by the online fashion giant, with management admitting its turnaround strategy has temporarily stalled amid shifting sector and
The world of high fashion is witnessing a renaissance of the eighteenth century as leading designers revisit the whimsy and lightness of rococo. Inspired by artists such as Thomas Gainsborough
A British fashion label with a loyal following among high society and celebrated figures such as the Princess of Wales and Victoria Starmer is achieving what eludes many retailers—an extraordinary
The iconic denim brand Levi’s has sounded the alarm over rising anti-American sentiment and its potential impact on overseas sales. The warning comes as mounting political tensions and trade policies
JD Sports Fashion has seen its shares climb following a smaller than expected decline in second quarter sales coupled with a pledge to uphold its annual profit guidance. The British
Debenhams Group is actively exploring the sale of its underperforming youth brand Pretty Little Thing as part of a comprehensive turnaround initiative under chief executive Dan Finley. Since assuming leadership
Shein, the Chinese fast fashion behemoth, has been hit with a €1m (£870,000) fine by Italy’s competition authority, AGCM, for what it termed “misleading or omissive” environmental messaging about its
Chinese fast-fashion powerhouse Shein has strategically pivoted towards Hong Kong for its initial public offering, submitting a draft prospectus to the Hong Kong Stock Exchange whilst simultaneously seeking approval from
The recent cyberattack on Marks and Spencer has created an unexpected opportunity for strategic realignment, according to Chief Executive Stuart Machin. The retail giant’s leadership is viewing the disruption as
In an ambitious move that could reshape Britain’s retail landscape, Asda has unveiled plans to overtake Primark as the country’s largest clothing retailer. The supermarket giant’s chairman, Allan Leighton, is
