United Kingdom
Unfavourable weather impacts second half sales of Primark in the UK and Ireland
The parent company of Primark has reported that it expects lower revenue in the second half of the year, as wet weather in the UK and Ireland hit its performance in the region
UK retail sales rose slightly in August
UK retail sales increased just by 1% year-on-year in August, driven by summer shopping, reflecting the challenging retail environment that is likely to prevail for the rest of the year
New leadership appointments at Burberry
The UK-based luxury group has announced the appointment of Jonathan Kiman as Chief Marketing Officer and of Laura Dubin-Wander as President of the Americas region
Loake Shoemakers introduces digital product passports
Ahead of upcoming EU regulations, the British leather footwear brand has teamed up with digital platform Buyerdock to integrate Digital Product Passports (DPP) across its entire product range
Kurt Geiger posts record full year sales
The British footwear and accessories brand has reported a strong year 2023/2024, against both a backdrop of rising prices across the industry and weakening global consumer demand
JD Sports on track to deliver full year EBIT guidance
The UK-based sports retailer has reported a strong second quarter performance, particularly in North America and Europe, and has reaffirmed its full year EBIT guidance as a result
Global luxury downturn hurts Manolo Blahnik
The UK-based footwear and accessories label has reported that its 2023 sales and profits have been hit by the global downturn in luxury fashion spending, amid a challenging macroeconomic context
Deflationary trend helps revitalise UK fashion retail
The UK fashion retail sector benefited from a deflationary trend in July, according to the British Retail Consortium (BRC), giving consumers a temporary respite from recent difficult months
Ted Baker to close all its UK stores
Ted Baker is planning to close all its UK stores within weeks, according to multiple reports. Hundreds of staff at the fashion retailer have reportedly been told they will lose their jobs
Richard Shetliffe from BFA: we will always look at ways that we can support and offer guidance
We spoke to Richard Shetliffe, a veteran of the footwear and accessories industry who was appointed CEO of the British Footwear Association a few months ago, to discuss the role of the association in light of the various challenges facing the UK industry
Mulberry appoints new CEO
The British luxury brand has announced the appointment of Andrea Baldo as Chief Executive Officer, effective from the 1st of September. He succeeds Thierry Andretta, who has already stepped down
Burberry announces new CEO and warns of loss as first quarter sales slump
The luxury company has warned of an operating loss in the 1H of the year if the slowdown in the luxury sector continues, after reporting a 21% year-on-year fall in sales in the 1Q and announcing the exit of CEO Jonathan Akeroyd
Dr. Martens maintains full year guidance
The UK-based footwear company has reported that trading in the first quarter was in line with expectations and that its guidance for the financial year 2025 remains unchanged
Hundreds of jobs to be axed at Burberry
The UK-based luxury label plans to cut hundreds of jobs as part of a radical cost-cutting programme intended to bolster falling profits, the Telegraph reports
Shoe Zone cuts full year guidance
The British footwear retailer has lowered its full year guidance due to continued cost pressures related to container prices and weaker-than-expected sales of its spring-summer collection-
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