Yet more positive news on UK retail rent collections. This time it comes from Midlands-based Mailbox REIT, which recorded a “strong” 92% collection rate for the 24 June-28 September period.
After news this week of Marks & Spencer and JD Sports Fashion improving their digital and logistics focus, Very Group is also highlighting its own credentials.
The Rolling Stones merchandise production line is on a sporting roll. Hot on the heels of linking up with the Euro 2020, the group’s RS No.9 Carnaby retail arm has now teamed up with Team GB for the Tokyo Olympics.
The Couture Club has collaborated with rapper Hardy Caprio to launch the Manchester-based retailer’s first ever unisex collection, co-designed by the locally-based grime artist.
City Chic Collective has continued its acquisition spree, buying Germany-based Navabi, the plus-size label that’s sold in its domestic market as well as in the UK and France.
Unibail Rodamco Westfield has reported H1 results and continued to see “significant Covid-19-related disruption” in the first six months. But it also highlighted its ongoing “resilience in tough operating conditions”.
Mothercare’s return to health was interrupted by the pandemic in the latest year, with the company’s results for the 52 to March 27 showing a much wider loss.
Dr Martens continued its run of strong performances in the latest quarter and on Thursday the footwear specialist reported a 52% rise in group revenue for the three months to June 30.
American Eagle announced on Wednesday the launch of the brand’s back-to-school campaign, which will roll out with the brand’s partners Snapchat and Bitmoji.
Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.
Clean Clothes Campaign is pressuring Uniqlo to pay $5.5 million in salaries left unpaid by a former supplier, liquidated in 2015. The brand's parent company, Fast Retailing, denies all responsibility.
The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros.
Female athletes have fought long and hard for the right to choose what they wear when they compete at the Olympics, and at the Tokyo Games more and more athletes and fans are speaking out and taking action.
