Articles by Rachel Douglass
Pepco reportedly calls in advisors to explore ‘radical options’ for Poundland
Pepco Group, the Polish owner of budget store chain Poundland, is believed to have appointed advisory firm AlixPartners to address an ongoing sales slump at the firm. According to Sky News, Pepco has hired consultants to explore “radical options” for Poundland, with a formal restructuring plan or a potential sale of the business said to be among...
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Bira calls for ‘urgent measures’ to support indie high street businesses
New research cited by the British Independent Retailers Association (Bira) has suggested worrying developments in labour-intensive sectors, with retail said to be “among the worst-hit industries last year”. According to data acquired by the organisation and initially formulated by law firm Shakespeare Martineau, hospitality also accounted for 10...
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Mulberry group finance director to resign
Charles Anderson, group finance director at Mulberry, has announced his intention to resign from the British luxury brand. He will step down from the board with effect from 31 January 2025, but will remain in a supportive role until 1 August to assist with the handover and transition. In a regulatory filing, Mulberry said that its board has...
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Lilysilk opens first concept store in New York
Silk lifestyle label Lilysilk has unveiled its first-ever concept store in New York’s Meatpacking District, designed to offer “consumers a way to experience the brand in real life”. Located at 654 Hudson Street, the store intends to mirror Lilysilk’s “clean aesthetic”, with the interior, created by interior design company ViaClover,...
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Quiz reportedly mulling widespread store closures
Fast fashion retailer Quiz is believed to be considering closing up to a third of its store estate as it continues to seek ways to cut costs. This is according to The Telegraph, which reported that Quiz had enlisted advisory firm Teneo to explore its options, with a pre-pack administration or company voluntary arrangement (CVA) said to be among...
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In Pictures: David Koma debuts first collection for Blumarine
The first Blumarine collection under the brand’s new creative director, David Koma, has officially been revealed. For the autumn/winter 2025 pre-collection, Koma brought the brand into its next chapter, diving into a cross-generational Milanese wardrobe. At the crux of the line is Blumarine’s signature femininity, a value that was prominent...
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Dior to hold autumn 2025 show in Kyoto, Japan
French luxury house Dior has revealed Kyoto, Japan, to be the location of its next destination show. The city’s garden of Toji will be host to the event, which is scheduled to take place April 15, 2025. Intended as a celebration of the house’s “strong ties with Japan”, the runway will be a showcase of Dior’s autumn 2025 collection by creative...
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In Pictures: Setchu takes on Florence with debut Pitti show
On the evening of Pitti Uomo’s final day under the Florentine sun, Japanese brand Setchu welcomed guests to its debut runway show. The presence of the contemporary label underlined the Italian menswear event’s efforts to strengthen its ties with creatives, and essentially buyers, from the region, as already reflected in its new partnership with...
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China retaliates, claims PVH engaged in 'inappropriate' practices in Xinjiang region
Findings of a preliminary investigation into PVH have alleged that the US fashion giant engaged in improper practices within China’s Xinjiang region, the country’s Ministry of Commerce (MOC) has said. The Tommy Hilfiger parent company is among a number of firms from the US that are claimed to have engaged in “inappropriate conduct” in the...
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Target sales grow over festive season, enacts exec changes
US department store giant Target has reported strong performance in holiday sales for the November and December period, with total sales rising 2.8 percent over the year prior. This, in turn, reflected a comparable sales increase of 2 percent, as well as “record-high” sales during both the Black Friday and Cyber Monday promotional periods....
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