The long-running saga around House of Fraser stores continues to rumble on and news emerged on Friday that its new owner Sports Direct is to acquire the freehold of the Frasers building in Glasgow in a £95m deal.
We know times are hard in UK retail, but BDO’s latest High Street Sales Tracker (HSST) really summed it up Friday with its release saying “the UK high street is suffering the worst year on record.”
StockX, which describes itself as “the world’s first stock market for high-demand consumer goods such as sneakers, streetwear, watches and designer handbags,” is expanding to the UK and Europe.
The Chinese streetwear empire Yoho! Group recently announced that it has raised tens of millions of US dollars in its E+ round financing and will use the funds to develop its omni-channel strategy.
Sears Holdings CEO Eddie Lampert is exploring a bid for some of the U.S. retailer's businesses and real estate once it files for bankruptcy, an alternative to a traditional court-supervised reorganization.
Sneaker start-up brand Allbirds may only be three-and-a-half years old but it has already garnered a total of $75 million in funding, after a fresh $50 million investment, lifting its company valuation to $1.4 billion.
Budding models and runway regulars embark on a veritable catwalk marathon during each season's Fashion Weeks, walking a busy schedule of shows for some of fashion's most prestigious brands.
Along with its sales results for September 2018, the Columbus, Ohio-based retail group announced on Thursday that it will be “pursuing all alternatives” for the ailing lingerie brand.
On October 10, Perry Ellis International, Inc. released the first of five capsule collections for “Perry Ellis America”, the brand’s sub-label that debuted in 1984.
Amer Sports, owner of Salomon, Peak Performance and Arc'teryx, has announced renewed talks with a consortium led by Chinese rival Anta Sports, perhaps suggesting a small step closer to more definitive negotiations.
Coast became the latest casualty of the tough UK fashion environment on Thursday with an administration filing, although large parts of the business were quickly bought out of administration by Karen Millen.
The Italian menswear trade show has chosen Glenn Martens' Y/Project as the guest of honour for its next January edition. The label will therefore be showing in Florence this season, and not its hometown Paris.
The men's and women's footwear and accessories brand has chosen Lisbon's Príncipe Real neighbourhood for the location of its first store in Portugal, which opened with a party at the end of September.
Gernot Lenz, the CEO of S.Oliver is leaving the post after less than a year over a difference of opinion regarding the leadership of the company. Lenz joined the clothing brand in January to succeed Armin Fichtel.
British lingerie brand Myla is on a roll, with the label announcing the opening of a flagship store in Mayfair less than three months after returning to the market.