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,
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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
When Stuart Machin attends M&S board meetings or visits stores, he is clad head to toe in Marks and Spencer apparel. At 55, the chief executive often jokes that he
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
Boohoo has announced unprecedented annual losses of £348m, marking the steepest deficit in its history. Executives at the online fashion group are grappling with a turbulent period, following a previous
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
Dr Martens has pledged to maintain its footwear prices throughout 2025, even amidst soaring US tariffs on imports from Vietnam and Laos. The iconic British footwear brand, renowned for its
Two of China’s largest fast-fashion retailers have announced imminent price increases for their US customers as they grapple with Donald Trump’s substantial tariff implementations. Both Temu and Shein will face
The renowned British wax jacket manufacturer J Barbour & Sons has announced its controlling family will receive a £30 million dividend following a remarkable surge in annual profits, which rose
The landscape of retail returns is experiencing a seismic shift, with forecasts indicating UK returns will surpass £27 billion this year. ZigZag Global’s data reveals that more than 20% of
