Inditex reported its first-half results on Wednesday and once again showed why it’s such a hugely successful fashion retail giant. It saw a “very strong operating performance” with sales and profits at “historic highs”.
The next wave of UK port strikes is on the horizon, adding another layer of concerns for retailers in the run up to the Christmas trading period. Felixstowe is under the threat of a second eight-day strike this month..
The upcycling pioneer, co-founder of the Fashion Revolution movement, assessed fashion and sustainability speaking with FashionNetwork.com at the ITS designer competition in Trieste, of which she was a jury member.
Landsdec is moving to the next phase of its growth strategy. And that means there's no position for Chief Operating Officer Colette O'Shea. But she will remain COO until next March, leaving “after a transitional period”.
BDO’s August High Street Sales Tracker on Friday showed that the last few weeks of the summer saw the slowest growth in UK retail sales figures since the sector reopened post-lockdowns. But fashion sales did rise.
Fashion e-tail giant ASOS issued the briefest of trading updates on Friday and said that profit for the full year will come in within expectations, but at the bottom end of the range it previously predicted.