Month: November 2019

High street retailers Matalan said yesterday jobs would go across the board as it looks to control spending. The struggling group has begun talks with staff that could see hundreds of jobs axed among its 17,000-strong workforce. The company said: “No final decision has been taken at this stage.” News of the talks comes just…

With Christmas near, analysts remained upbeat on fast-fashion’s prospects, saying they stand to profit from cost-conscious European shoppers. Both Inditex, parent of Zara, and H&M have built steam over the last couple of months in a challenging retail environment. Inditex last week reported a 26 percent gain in third-quarter net income on sales that gained…

Retail sales in Central London during December were 5.7 per cent higher, on a like-for-like basis, than in December 2004, when sales had fallen back 2.6 per cent. Sales have now risen for two consecutive months after a four-month decline following the July bombings. Weaker sales earlier in the year mean that the average monthly…

South Korean retailer Lotte Shopping has raised Won 3.430 billion (£1.9 billion) in its IPO, making it the country’s and even the world’s biggest IPO in the retail sector, according to a report by the Financial Times. The shares will be listed in London and in Seoul, with 80 percent listed in London and 20…

Air France has teamed up with Christian Lacroix to design its new uniforms for its employees. The airline, which has a history of couture with Dior and Balenciaga, is keeping its tradition of working with famous French fashion houses. Lacroix, how is now the head of Pucci, once famously put signature prints and bubble helmets…

Burberry’s Autumn/Winter 06 catwalk show in Milan this week was a celebration of its 150th anniversary – and the British fashion house even managed to persuade Kate Moss, in her first high-profile public appearance since last September’s drug scandal, to join the party. Wearing a black backless dress and a quilted leather jacket, Moss arrived…

Aquascutum is to spend £40 million on a pre Christmas marketing campaign which Kate Winslet, Daniel Craig and Jude Law are currently in the running to front. The campaign is designed to make the 155 year old brand the new must have label following the footsteps of other revamped historic brands such as Burberry and…

Ethical clothing campaigner and 80s icon designer Katharine Hamneet is launching an organic and ethically made clothing range for Tesco, marking another step in bringing awareness of ethically made clothes to the masses. The range, which will be launched next spring and comprise men’s, women’s and children’s garments, will be a premium brand but also…

Hackney Council is threatening to sue sportswear giant Nike for using the symbol of its borough on Nike merchandise. The council is demanding Nike withdraws sportswear bearing the logo until the dispute is settled and wants a percentage of sales revenue, free sportswear for all schoolchildren and an assurance that all the Hackney range is…

Click:My Gym Simulator Fitness Store MOD APK Prada will put its internationally renowned brand name to a new phone it has developed in collaboration with LG Electronics. In a move that echoes Nokia’s decision to call on designer Cath Kidston to customise its phones, LG is hoping to win over consumers by giving an existing…