Latest Articles in News

AllSaints opens New York pop-up and first Chinese outlet amid retail expansion

AllSaints is continuing on its global expansion strategy with a string of new international store openings, cementing its presence in various markets and celebrating its 30th anniversary. New York is among the cities being emphasised by the brand, and is currently home to a AllSaints pop-up space located at 500 Broadway. The 5,300 square foot...

Business

Ann Summers carries out redundancies, Gold family steps in with funding

Lingerie retailer Ann Summers has cut a number of its jobs amid rising losses at the firm, with the company’s owners, the Gold family, now also stepping in to provide financial aid. Earlier this week, it was reported by Retail Week that Ann Summers had made between 20 and 30 jobs redundant in an effort to streamline operations. While the number...

Business|Beauty

Luum closes Series A funding and names new CEO

California-based Luum, the world’s first AI and robotics-powered lash extension service, has closed its Series A round bringing total capital raised to 30 million US dollars and named Jo Lawson its new chief executive officer. The funding round was led by Long Journey Ventures, Artifact Capital, and Boardman Bay Capital Management and supported...

FairsFeatured

Trade show Pure London to move to Birmingham NEC

Events and exhibitions company Hyve Group has confirmed that womenswear trade show Pure London will sit alongside Moda and Spring Fair at the Birmingham NEC from the February 2025 edition. The integrated trade show will now be renamed Moda x Pure. It follows the conclusion of Pure London x JATC as a standalone event at London Olympia, as Hyve...

Business

New Guards Group files for bankruptcy protection in Italy

New Guards Group (NGG), the Farfetch-owned parent company of Palm Angels and Ambush, has filed for a form of bankruptcy protection in Italy as its pursuit for a buyer continues to trudge on. According to various media platforms, the Italian fashion group has applied for a ‘composizione negoziata per la soluzione della crisi dímpresa’ (or CNC), a...

Fashion

Jil Sander launches charity T-shirt to support children in need

Milan-based fashion label Jil Sander has announced a partnership with the OTB Foundation, the non-profit organisation of the OTB Group, to support youth projects around the world. The limited-edition T-shirt, which features a heart motif and “for the children of the world” message on the back and Jil Sander branding on the front, will raise...

BusinessFeatured

Study: 'Doing nothing on Black Friday is better than having the wrong strategy'

While some brands, such as bag manufacturer Freitag, are stopping Black Friday sales altogether and others are luring in customers with big discounts, a large proportion of retailers are somewhere between these two extremes. The majority of consumers (85 percent) plan to take part in Black Friday and expect discounts of at least 30 to 50...

People

Moncler’s Remo Ruffini to receive Trailblazer Award at Fashion Awards

Remo Ruffini, chairman, chief executive officer and creative director at Moncler SpA, will be honoured with the Trailblazer Award for his “pioneering leadership and creative vision" at the Fashion Awards. In a statement, the British Fashion Council (BFC) said that Ruffini is being honoured for his role in the Moncler global brand reset,...

People

Marion Bouchut leaves Shein to become head of global communications at Sephora

Marion Bouchut, currently associate director public affairs at Shein Europe, is moving to Sephora, part of luxury group LVMH. She will take on the role of head of global communications from January 2025. Bouchut has spent the past two years as a spokesperson for Shein, a brand that has frequently come under fire for controversial issues such as...

BusinessFeatured

Pace Partnership London to manage Ted Baker's wholesale operations in the UK and Europe

Ted Baker’s wholesale business is being acquired by Pace Partnership London (PPL). New Lobster, the company that manages Ted Baker’s design, development and product innovation, has signed a five-year agreement with PPL to manage its wholesale business in the UK and Europe, a press release said. New Lobster will continue to be responsible for...

Fashion Featured

SS25 Trend: Sport meets Street and Ready-to-Wear

Drawing closer to the third anniversary of the passing of Virgil Abloh, it’s clear that his legacy will live on. Abloh was a pioneer, whose visionary work helped to elevate streetwear to a status that is now widely accepted within the luxury fashion realm. Indeed, collaborations between fashion and athletic brands have become almost commonplace....

BusinessFeatured

JD Sports expects full year profit at lower end of guidance

JD Sports Fashion in its third quarter trading update said given the volatile trading environment, and following October trading, it now expects pre-tax profit to be at the lower end of original guidance range of 955 pounds to 1,035 million pounds. The company said that the more volatile environment was reflected in like-for-like (LFL) sales for...