United Kingdom
Capri Holdings posts revenue decline
The fashion group, which owns Versace, Michael Kors and Jimmy Choo, posted a revenue decline of 6.0% in the third quarter of fiscal 2023, as compared to the same period of last fiscal year
Clarks teams up with Zara in capsule collection
The British footwear brand has teamed up with the fashion retailer to create a capsule collection that reinvents some of its classic designs, including the Wallabee and Desert Boot styles
UK retail sales slowdown in January
Following the Christmas boom, inflationary pressures caused total retail sales to rose by 4.2% in January, around half December’s pace and down from the 11.9% growth recorded a year earlier
JD Sports announces new growth strategy for the next 5 years
The retailer has announced that is setting in motion a new strategic approach for the next five years, which includes plans to a "significant" retail expansion and brand-new financial growth goals
Primark reports very strong Christmas period
The retailer posted a sales increase of 15% in the 16 weeks to the 7th of January 2023, driven by strong footfall after the easing of COVID-19 restrictions, which impacted last year's results
UK consumer confidence picked up in the last quarter of 2022
The latest Deloitte Consumer Tracker revealed that after 15 months of consecutive decline, UK consumer confidence improved slightly by 0.6% in the last quarter of 2022 to -19.7%
Cedric Wilmotte appointed CEO of Michael Kors
Capri Holdings has announced that Cedric Wilmotte, currently Versace's Chief Operating Officer, will assume the role of Chief Executive Office of Michael Kors, effective 3rd of April
Salehe Bembury reinvents the iconic Clarks Lugger
The renowned American footwear designer has teamed up with Clarks Originals to reinvent the brand’s iconic style Lugger, almost 40 years since it was introduced
Dr. Martens posts third quarter results below expectations
The British label reported a third quarter revenue below expectations due to "slower than anticipated" DTC growth in America and major operational issues at the LA distribution centre
Burberry reports rise in sales despite weaker performance in China
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business
Farfetch shakes-up leadership team
The luxury e-tailer has appointed Elizabeth von der Goltz as Chief Fashion and Merchandising Officer and CEO of Browns. Sindhura Sarikonda will join in as President of the Americas
Burberry announces the appointment of new senior executives
The UK-based label appointed Giorgio Belloli and Delphine Sonder to the newly created roles of Chief Digital, Customer and Innovation Officer and Chief Merchandising Officer, respectively
Dune London expands retail footprint worldwide
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas
British Retail Consortium forecasts low retail sales growth for 2023
According to the British Retail Consortium (BRC), UK retail sales will grow between 2.3% to 3.5% in 2023, with the pace somewhat picking up in the second half of the year
British Vivienne Westwood dies at 81
The fashion designer, who was the pioneer of the punk fashion phenomenon of the 70s and whose subsequent eccentric styles had a major influence in later decades, died at the age of 81. She was also a known climate activist-
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