The House of Fraser plan to downsize its store numbers and rationalise its remaining space looks like it will be going to the heart of its operation with even its Oxford Street, London flagship not immune.
After news that its CEO has been poached by Dr Martens, textiles-to-fashion-to-homewares company Cath Kidston has quickly found a replacement with American Melinda Paraie to join the British company next month.
The famous design competition has just revealed the identity of the 15 finalists in its Fashion, Accessories and Innovation categories, including labels such as Atlein, Eckhaus Latta, Facetasm, Kevin Germanier.
Shop Direct continued to make strides as the UK’s second largest online retailer in the third quarter, however regulatory costs linked to PPI claims has pushed the parent company of Very.co.uk into the red.
Sanpower, the giant Chinese conglomerate that’s selling a large chunk of its House of Fraser stake, has revealed a new industry strategy and named luxury specialist Guy Salter Chairman of its New Retail business.
H&M Group’s new fashion brand Nyden is making a strong case for celebrity collaborations, having announced three over the last week. The latest collaborator to be announced is English pop star Dua Lipa.
Value footwear retailer Shoe Zone may not have reported soaring sales for the six months to March 31 but the company kept its head above water and made progress as sales edged up by 1.1% to £73.7m and profit rose too.