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Fashion
What is the great fashion Brexit? Why UK designers are flocking to Milan
Milan's men's fashion show is where the biggest Italian names come together. Prada is the one who decides which trouser style everyone will wear in a few years and Gucci releases the next it bag. As the shows began at the weekend, a new…
Shein shifts focus to London following the failure of her New York IPO
Shein will list in London in the next few months, as tensions between Washington DC and Beijing have slowed down plans to launch a major IPO in New York.
Donald Tang, the executive chairman of the Singapore-domiciled company, said in an…
As demand for luxury goods declines, Burberry’s profits fall by 40%
Burberry's profits fell by 40% over the past year due to a general slowdown in luxury goods demand that has affected sales in Asia, and Americas.
In its preliminary results published on Wednesday, the high-end UK retailer of fashion…
Shein’s listing plan of £53bn is a boost for London
The fast-fashion retailer Shein has accelerated its plans to float a record breaking in London.
Reports claim that the Chinese-founded online retailer chose London as its listing location, after deciding against New York due to tensions…
Can fashion giant Shein pull of a blockbuster London parade?
Donald Tang can recall exactly where he stood when he heard the first news about Shein. The former banker and his wife were dining in Hawaii at the beginning of the pandemic in 2020. Tang's spouse complimented the waitress for her stylish…
Frasers Group acquires assets from MatchesFashion
Frasers Group bought out parts of MatchesFashion from administration. The deal did not include the stock worth £80 million or the remaining 250 employees.
The Sports Direct founder Mike Ashley's retail group, controlled by Ashley, 59…
Burberry shares plunged, making it a target for takeover.
City analysts warn that Burberry faces a takeover after it lost a fifth of its worth since the beginning of the year.
A profit warning by Burberry’s Paris-listed competitor Kering which owns Gucci triggered a fall in the shares of the…
Asos will take the ‘necessary action’ following a 18% decline in sales
Asos said it would take "necessary action" to turn around its fortunes, after the fast-fashion retailer's losses in the first half widened. Sales also fell by almost a fifth.
In the six-month period ending 3 March, sales were down 18% on…
Next, Frasers Group is looking at the stricken Ted Baker
Two of the biggest retail groups in Europe have expressed interest in buying Ted Baker's European retail business.
Frasers Group led by Mike Ashley and Next led by Lord Wolfson, Aspley Guise have contacted administrators of Teneo…
Shein is considering a London listing if the US IPO is blocked due to ties with China
Shein will consider London as a backup option for a massive flotation if US authorities block its preferred choice of a New York IPO due to its ties with China.
The Singapore-headquartered company has pitched the UK as an alternative…
How Burberry misreads the market with its £2,500 handbag
Burberry's holiday advertising campaign featured images of dogs, ducks and a luxury blue leather handbag. It was placed next to an old knight's glove.
Daniel Lee, Burberry's new creative director, had high hopes for the knight bag when…