Primark had big news on Monday and no, it wasn’t that trading is going well (which it is). It was that the company is working on a UK launch of a trial Click & Collect service for the end of this calendar year.
Major Polish fashion retailer LPP Group, which owns fashion brands Reserved and Sinsay among others, performed “well” in its February-April quarter, a notable result "given the war on the eastern border”.
After a six-year absence, Venetian apparel group Slowear returns to Pitti Uomo with the Incotex Blue Division collection's second season, while preparing to open its second store in New York at the end of June.
British consumer spending on credit and debit cards fell sharply in the week to June 9, as did visits to retail and recreation sites, weekly figures collated by the Office for National Statistics showed on Thursday.
N Brown began Thursday’s trading update with the positives. Citing its position as “a top 10 UK clothing & footwear digital retailer” the group said it saw continued growth in strategic product revenue.
Prime London retail destination Regent Street faces a rise in empty stores, damaged by the post-pandemic work-from-home trend, according to the Crown Estate, as footfall levels in central London remain low.
Boohoo did something it wasn't used to on Thursday, it delivered a trading statement that showed falling sales. In the three months to 31 May, total sales fell to £445.7 million, down 8% year-on-year.
Poland's biggest clothing retailer LPP will open its first brick and mortar stores in Italy and Greece in December, Chief Financial Officer Przemyslaw Lutkiewicz confirmed during a conference call on Wednesday.
Some incentive for being a successful boss. Kenny Wilson, chief executive of fashion footwear specialist Dr Martens, could be in line for a £4 million pay package next year. If he hits performance targets, that is.