Hugo Boss will become a subsidiary of British retailer Frasers Group after the latter increased its stake in the company to more than 50%, strengthening its position as Hugo Boss’s majority shareholder
In its latest full-year 2026 trading update, the UK-based footwear retailer reported a 4.5% decline in revenue, as weaker consumer confidence and a reduced store portfolio impacted sales
According to the British Retail Consortium (BRC), retail sales growth in the UK slowed to 1.3% in September from 2.3% in the same period a year earlier, as consumers remained cautious ahead of the Budget
UK retailers are set to face a 16% rise in electricity costs in 2026, despite energy consumption remaining virtually unchanged, according to the British Retail Consortium (BRC)
Frasers Group has acquired an 8.8% stake in Under Armour, comprising approximately 16.6 million shares of Class A common stock, according to a filing with the US Securities and Exchange Commission (SEC)
The luxury footwear and accessories brand has opened a new, dedicated store within Harrods in Knightsbridge, London. The space features 300 unique ink drawings of Blahnik’s footwear creations
Citing strong progress across its three strategic pillars, the UK-based online fashion retailer has raised its full-year gross margin and adjusted EBITDA outlook ahead of the release of its fiscal 2026 results
The British footwear brand has launched a new global brand platform called ‘With Bouncing Soles’ and ecommerce experience in order to advance its consumer-first strategy outlined in May
The sportswear retailer reported lower sales and profitability in the first half of the 2027 fiscal year. North America was particularly affected by weaker consumer sentiment and negative trends in the footwear sector
The retail landscape in the Netherlands, France, Spain, Germany, the UK, the US and Japan remains uneven, with the footwear sector often trailing behind broader retail and fashion categories. Fragile consumer confidence, varying pricing power and cautious inventory management continue to weigh on the sector, while stronger digital sales have yet to translate into a broader footwear recovery
The UK-based sportswear retailer has appointed John Mersho as President and Chief Executive Officer (CEO) of the JD fascia in North America and Mike Grimes as Chief Marketing Officer (CMO) of the group
The UK-based footwear company has appointed Katie Morton as its new Global Customer Director. Through this, Dr. Martens aims to strengthen its consumer-centric approach on a global scale
The UK-based footwear company has appointed Isadora Versiani as Global Product Design Director and Nadia Svensson as Global Merchandising and Product Director
The UK-based sportswear retailer has cut its full-year profit guidance amid challenging market conditions, with North America recording the sharpest decline in second-quarter sales