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Debenhams reopenings start next week, plans 'big bang' approach on June 15

Debenhams reopenings start next week, plans 'big bang' approach on June 15

Having struck rent deals for most of its stores, Debenhams is planning for its reopening programme to begin next week as three Northern Ireland shops open on Tuesday. 
Fashion
LVMH insists it's not buying Tiffany shares on market; suggesting deal to go ahead, but at lower price

LVMH insists it's not buying Tiffany shares on market; suggesting deal to go ahead, but at lower price

With rumors mounting that Bernard Arnault may be attempting to renegotiate a lower deal price for LVMH’s acquisition of Tiffany, the luxury group said Thursday it will not buy any shares in the jeweler on the market.
Fashion
New Look in landlord talks about turnover-linked rents

New Look in landlord talks about turnover-linked rents

Less than two years on from its CVA, New Look is in talks with its landlords again and has appointed property agents to help it negotiate rent deals based on turnover as it prepares to reopen its store estate this month.
Fashion
Fossil's Q1 hit by pandemic, losses widen but cost savings grow too

Fossil's Q1 hit by pandemic, losses widen but cost savings grow too

Watchmaking giant Fossil had a tough time in Q1 as the effects of the global pandemic hurt its operations all over the world. But things could have been worse and its Q1 global net sales fell ’only’ 16% to $390.7m.
Fashion
Dune signs up to Klarna instalment pay system

Dune signs up to Klarna instalment pay system

Dune London has partnered with Klarna to launch a Pay Later option in five European markets, including Germany, the Netherlands and the UK.
Fashion
Kering takes public stand against racism: contributes to NAACP and to Campaign Zero

Kering takes public stand against racism: contributes to NAACP and to Campaign Zero

Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.
Fashion
Rugby-inspired Eden Park launches dedicated online store for US market

Rugby-inspired Eden Park launches dedicated online store for US market

Eden Park, the high-end French label inspired by rugby, has launched an online store dedicated to the United States. The e-tail store marks a first step by Eden Park into the sportswear market in the US.
Fashion
French Connection and Arcadia brands top markdown list

French Connection and Arcadia brands top markdown list

As fashion retail gets ready for a deluge of discounts once stores reopen, many retailers are already cutting prices with French Connection and a quartet of Arcadia labels leading the charge.
Fashion
Coronavirus clearance sales drive UK retail prices down sharply

Coronavirus clearance sales drive UK retail prices down sharply

UK retail prices, especially fashion, fell at their fastest pace in 14 years last month as a result of the coronavirus crisis and more of the same is expected as reopenings mean mega clearance sales.
Fashion
Reitmans to close Addition Elle and Thyme Maternity stores, cut 1,400 jobs

Reitmans to close Addition Elle and Thyme Maternity stores, cut 1,400 jobs

Reitmans is exiting two of its five fashion banners, as it attempts to reposition the company “for long-term success”, the fashion retailer announced on Monday.
Fashion
Jigsaw withdraws from Australia

Jigsaw withdraws from Australia

Jigsaw has closed its stores and e-tail site in Australia to focus on its operations in the UK. The British clothing brand said the decision to exit Australia was due to the coronavirus crisis.
Fashion
Hammerson, M&S prepare for new normal as they share reopening plans

Hammerson, M&S prepare for new normal as they share reopening plans

Hammerson and Marks & Spencer have released further details of their reopening plans as retailers across the UK prepare to transition to a “new normal”.
Fashion
Uniqlo Japan sales plunge again, but most stores are now open

Uniqlo Japan sales plunge again, but most stores are now open

Once again in May, Uniqlo’s sales were affected less by the weather as is usually the case, and more by the ongoing impact of the coronavirus pandemic.
Fashion
Rebekka Bay becomes Marimekko creative director

Rebekka Bay becomes Marimekko creative director

Marimekko has named former Gap creative chief Rebekka Bay as its new Creative Director, starting in September.
Fashion
Reiss opts for phased UK reopenings after successful Europe return

Reiss opts for phased UK reopenings after successful Europe return

One of British fashion retail’s biggest success stories, Reiss, is opting for a phased approach to reopening from this month and said that it has seen successful reopenings at a number of stores in Europe.
Fashion
Hunter secures rescue deal as existing backer increases stake

Hunter secures rescue deal as existing backer increases stake

Celebrity favourite Hunter Boots has clinched a rescue following a sales plunge due to the coronavirus crisis. A further £16.5m is being pumped into the firm to keep it going and growing through the crisis and beyond.
Fashion