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Hut Group sales soar again, THG Beauty to be listed separately

Hut Group sales soar again, THG Beauty to be listed separately

The Hut Group continued to go from strength to strength in the first half of the year with group revenue rising almost 45% to £958.8 million year-on-year, and rising 95% compared to the first six months of 2019 (2YoY).
Fashion
John Lewis sales improve but profits remain muted

John Lewis sales improve but profits remain muted

John Lewis Partnership’s half-year report on Thursday showed an improvement on the prior-year period but its results were still far below some of the figures it produced just a few years ago.
Fashion
John Lewis Partnership adds 7,000 temporary festive season roles

John Lewis Partnership adds 7,000 temporary festive season roles

​In an optimistic outlook for the upcoming Christmas trading period, The John Lewis Partnership (JLP) is to recruit more than 7,000 temporary seasonal staff across the country — 2,000 more than last year.
Fashion
FatFace finance chief steps up as CEO Evans moves on to lead George at Asda

FatFace finance chief steps up as CEO Evans moves on to lead George at Asda

FatFace CEO Liz Evans is to join Asda as MD of its George unit, a move widely rumoured since the summer. Meanwhile, The FatFace Group has named Will Crumbie as its CEO, moving up immediately from his current CFO post.
Fashion
H&M Q3 sales rise, now back at 2019 levels

H&M Q3 sales rise, now back at 2019 levels

H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion
Inditex is "early winner" in post-Covid world as sales bounce back

Inditex is "early winner" in post-Covid world as sales bounce back

Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
Fashion
Black Friday Barometer shows negative feelings among UK consumers

Black Friday Barometer shows negative feelings among UK consumers

​There are a lot of unhappy UK consumers who don’t feel Black Friday/Cyber Monday (BF/CM) discounts are all they’re cracked up to be. In fact, nine negative views are revealed in the 'Discounting Playbook' report.
Fashion
Shopping centres struggle to atract consumers in latest week

Shopping centres struggle to atract consumers in latest week

Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Fashion
Hope for city centre retail as office workers return

Hope for city centre retail as office workers return

City centre retail has suffered from the pandemic as tourists haven’t returned in large numbers and office workers stay home. But there’s  hope, with signs of office workers returning to semi-normal working patterns.
Fashion
UK consumers are becoming mindful shoppers say BFC and Clearpay

UK consumers are becoming mindful shoppers say BFC and Clearpay

The UK is becoming a nation of “mindful shoppers”, a new report commissioned from Oxford Economics by the British Fashion Council and buy-now-pay-later giant Clearpay shows.
Fashion
Barnsley's Glass Works launches,  new stores start a phased opening programme

Barnsley's Glass Works launches, new stores start a phased opening programme

Major Barnsley public space and retail development, The Glass Works Square, has opened with a big event featuring various local dignitaries reflecting the importance of the site to the town.
Fashion
H&M Home opens first French standalone in Paris

H&M Home opens first French standalone in Paris

​H&M has opened the doors of its first standalone store for its growing H&M Home concept with a debut in Paris at 14, boulevard de Capucines.
Fashion
Fashion's flight from Oxford St continues as IKEA tipped to buy Topshop flagship

Fashion's flight from Oxford St continues as IKEA tipped to buy Topshop flagship

​The number of fashion-focused shops on premier shopping thoroughfare Oxford Street looks like falling even further with news that IKEA is likely to take over the former Topshop flagship, in a key Oxford Circus position.
Fashion
Morrisons profits fall, extends Nutmeg to shampoo, conditioner bars

Morrisons profits fall, extends Nutmeg to shampoo, conditioner bars

​Supermarkets giant Morrisons has reported falling profits and rising costs in its supply chain due to a shortage of lorry drivers and other issues.
Fashion
Morrisons bid battle to go to auction

Morrisons bid battle to go to auction

​It looks like the battle to take over Morrisons will go to auction with the supermarket giant saying Wednesday it’s in talks with both the US private equity suitors that have tabled bids, along with the Takeover Panel.
Fashion
Online marketplace Fruugo to list on stock exchange

Online marketplace Fruugo to list on stock exchange

​UK-based online specialist Fruugo, which owns and operates a high-growth and profitable global cross-border marketplace, is planning to list its shares on the ‘junior’ London market AIM.
Fashion