United Kingdom
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
UK Boxing Day footfall declines by 15.3% over pre-pandemic levels
On a comparable basis to 2019, UK in-store footfall was down by 15.3% this past Boxing Day, mostly due to rail strikes, travel disruptions and the rising cost-of-living, says RetailNext
Maria Eugenia Errobidarte: greenwashing will slowly start to disappear
Get to know Maria Eugenia Errobidarte, Director of Insight @ HYPEBEAST (platform for contemporary culture and lifestyle), who has been working on projects focusing on luxury fashion
Koi footwear launches Teletubbies-inspired collection
The Manchester-based vegan and gender-neutral footwear brand released its first collab with the nostalgic 90s TV show, the Teletubbies, loyal to Koi's "intrinsically weird and wacky energy"
JD Sports sells 15 non-core fashion brands to Frasers Group
The deal, worth 47.5 million British pounds (around 57.6 million USD), will enable the UK-based retailer to focus on the international and digital expansion of its core platforms
Dr. Martens warns on full year profit margins
Despite a strong performance in the first half, the British label is concerned with full year profits due to weaker consumer demand, higher investment in its DTC channel and a stronger US dollar
UK: cost-of-living crisis to impact Christmas spending habits
Nearly half of UK consumers (43%) are expecting to spend less over the upcoming festive season, as compared to 22% in the same period last year. Consumer confidence is at an all-time low
Farfetch reports third quarter profit loss
The luxury online retailer posted a slight revenue increase of 1.9% and a GMV decline of 4.9% in the third quarter of 2022, year-over-year, lowering its guidance for the full year
Burberry posts revenue growth
The UK-based luxury group reported a revenue increase of 11% in the first half of fiscal 2023, year-over-year, mainly driven by a strong performance in the EMEIA region-
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