The fashion designer is buying back LVMH’s minority stake in the house she founded, but will continue to advise the group on sustainability issues, the two companies announced
The iconic British footwear company has reported a solid performance in its third quarter trading update, highlighting the progress it is making in the US. Full year outlook remains unchanged
The UK-based fashion retailer, owned by Associated British Foods, has lowered its full year outlook, after a first quarter sales decline in the UK and Ireland, which accounted for around 45% of its total sales
Textile, Clothing and Footwear (TCF) sales have held their own in the final quarter of the year, showing resilience to the drag from overall retail sales. However, the sticky above-target inflation in the UK over the past year is a cause for concern as wages fail to keep pace. In addition, the higher costs for retailers predicted in the last Budget may leave them with little choice but to raise prices and cut jobs. As much as imports have shown some stability, the future for the retail sector is not looking very bright at the moment
Amid challenging economic conditions, the UK-based footwear retailer has started a voluntary redundancy process. The number of employees affected is not yet known
The UK footwear retailer has reported a solid fiscal year 2024, although a challenging second half weighed on the bottom line due to disappointing store sales. Digital channel continues to grow
As it continues to expand its presence in North America, the British luxury footwear and accessories brand says December 2024 was the most profitable month in its history
Total UK retail sales grew by 0.7% in 2024 as compared to the previous year, as the Golden Quarter recorded sales growth of just 0.4% year-on-year, the British Retail Consortium (BRC) said
The UK-based retailer has posted a solid trading update for the third quarter of its fiscal year, but has lowered its full year profit guidance in recognition of challenging and volatile market conditions
The US-based company has partnered with the British footwear distributor Chapters Brand Group to grow the Cat Footwear brand in the UK. Wolverine is the global footwear licensee for the brand
Following a strong Christmas trading period, the British fashion retailer has raised its profit before tax forecast for the current financial year by 5 million British pounds to 1.010 billion British pounds
Dr. Martens Creative Director Darren McKoy is stepping down from his position after a decade with the footwear company. No replacement has yet been announced
The British fashion retailer is reportedly accelerating its store closure campaign ahead of tax rises in the UK’s next budget. It’s feared more retailers will follow in its footsteps
UK retailers could be bracing themselves for a squeeze in consumer spending due to a sharp fall in expectations about the country’s economic situation, according to the British Retail Consortium
The UK's retail sector navigates declining employment levels and rising labour costs, with new government policies in 2025 expected to add financial strain and push further automation investment