Quentin Griffiths, co-founder of online fashion retailer Asos, has died following a fall from a high-rise apartment block in Thailand, according to local police authorities. Thai police have confirmed that
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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,
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
Giorgio Armani, one of fashion’s most enduring legends, has left the industry in shock by permitting the sell off of his iconic €23 billion business in his will. The renowned
Victoria Beckham’s fashion and beauty empire surpassed £100 million in annual revenues for the first time in 2024, according to the latest company accounts, yet continued to operate at a
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
The £1 trillion-a-year luxury goods industry is facing unprecedented challenges as sales slump across major markets. Recent figures from industry giant LVMH reveal a concerning pattern, with fashion and leather
Prada has announced its acquisition of Versace in a landmark deal valued at €1.25 billion This agreement marks a significant moment in the luxury fashion sector uniting two of Italy’s
The luxury goods sector in the United Kingdom is increasingly looking towards North America as a vital market for expansion. High-end British brands are discovering that affluent American consumers hold
The Advertising Standards Authority (ASA) has imposed a ban on Next’s recent marketing campaign, citing concerns over the portrayal of an “unhealthily thin” model in their digitally manipulated advertisement for
British high street fashion retailer Primark has reported a concerning 6% drop in UK sales during the crucial Christmas quarter, prompting a significant downward revision of its annual sales forecasts.
Shares in Inditex tumbled today as the Spanish fashion giant missed quarterly revenue expectations, highlighting growing pressure from digital competitors. The Zara owner reported sales of €9.36 billion for the
Retail magnate Mike Ashley has issued a stark warning to Boohoo shareholders, emphasising the crucial need to prevent any potential “fire sale” of company assets amidst his ongoing campaign for
Burberry’s newly appointed chief executive, Joshua Schulman, has acknowledged that the luxury brand’s recent struggles were largely self-inflicted as he unveiled an ambitious turnaround strategy to revitalise the loss-making British
British luxury fashion house Burberry witnessed a remarkable surge in its share price following reports of a potential takeover bid from Italian rival Moncler. The speculation, initially reported by specialist
In a remarkable turnaround, Victoria Beckham’s eponymous fashion and beauty business has witnessed a staggering 52% surge in sales, reaching an impressive £89 million in the past year. This substantial
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