News that ASOS CEO Nick Beighton has stepped down rather put the firm’s results statement in the shade. But there’s no denying the company remains one of the most successful in fashion retail, even if growth is slowing.
The international runway season ended this week after four weeks of shows in four fashion capitals. This season, we pick the 12 most important from live catwalk shows in Europe, with New York closed to foreign editors.
Next, one of Britain's biggest clothing retailers, warned it may struggle to deliver its normal service in the run up to Christmas unless the government relaxes post-Brexit immigration rules to allow more workers in.
Hopes that strong retail sales in the summer would continue into early autumn seem to have been dashed — at least that’s the case according to the earliest of the monthly retail sales reports to come out.
Covid-19 was no friend to cash. The pandemic saw retail transactions via payment cards rocket in 2020, according to the British Retail Consortium (BRC). Cash now accounts for just 15% of total spending in retail.
UK-based luxury brand Belstaff has released its results for the whole of 2020 and it was a decidedly mixed bag with clear improvements in some areas but the INEOS-backed business was still loss-making.
Trade shows are back… and how. Visitors to Scoop x Pure show last week will have seen a busy event . High Covid case rates may be making some people nervous, but fashion is heading back to normality as fast as it can.