Fresh from announcing plans to launch its COS chain in Iceland later this year, Swedish fashion retail giant H&M has just said that it will debut its Scandinavian women’s fashion brand Monki in the country as well.
Topshop owner Arcadia could reportedly close 100 locations in its vast stores empire as leases on the shops come to an end by late 2020. That would follow more than 200 closures that have happened since 2016.
Primark’s trading update has raised new questions about whether the brand will ever launch online sales, but while it has mulled an online debut, it’s not a priority for now, a senior exec said after the update.
Millennials-focused high-end slipper brand Mahabis has been rescued. The label that thought differently about the slipper market, has been acquired by an entrepreneur who did the same in the mattress market.
As New Look continues to battle its way back from the brink, the British value fashion retailer on Thursday announced that it has made a decision regarding its Belgian ops. And that decision is? To file for insolvency.