The fashion retailer has revealed a new long-term growth strategy that aims to transform its Aerie brand into a $2 billion business over the next two to three years, while also reorganizing its brick-and-mortar network.
The company seen as the frontrunner to win the Topshop auction surprised observers late on Thursday as it emerged Next had pulled out of bidding for the most valuable name in the Arcadia basket of brands.
Expect a radical new look to Marks & Spencer’s women's fashion line-up this spring. The UK retail giant is understood to have struck deals with four independent womenswear brands to bolster sales, particularly online.
Fresh from news of its forthcoming Simone Rocha collab, H&M has unveiled two more collabs with a sustainable Lee jeans hook-up for kids and a loungewear launch with “writer, performer and storyteller” Yrsa Daley-Ward.
Burberry saw another round of retail sales falls in Q3, with Europe and the Americas still being hit hard. But it said China, Korea, leathergoods, outerwear and full-price sales all headed in the right direction.