In 2022, fashion group Aeffe, owner of Alberta Ferretti and Moschino, grew in all regions except the Far East, with Italy up 17% and the rest of Europe by 59.3%, thanks especially to its direct retail performance.

Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.

​Pepco’s budget chain Poundland is continuing to invest heavily in its stores this year with the creation of hundreds of new jobs and opening/relocation plans that will also see expansion for the Pep&Co clothing line.

ASOS is doubling down on its efforts to kickstart its recovery and has reportedly appointed a senior restructuring executive to its finance department, as it continues to talk to its syndicate of lenders.

​Superdry reported “strong” Christmas trading on Friday and generally rising sales, but it scaled backs its profit forecast to "breakeven" and stayed cautious on its outlook for the rest of the year. 

On February 2, Prada drops its ninth limited-edition 'Timecapsule Collection' paired with a corresponding gifted NFT.

Contemporary denim brand Abrand Jeans has launched its first-ever global 'Next Icons Model Search' giving fans a chance to be the next face of Abrand Jeans. 

As part of the transition, effective March 9, 2023, Brie Olson, Pacsun president and board member, will be appointed co-chief executive officer, alongside co-CEO Mike Relich. 

​Harvey Nichols has become the latest key fashion vendor to say it will go fur-free, joining other stores and brands that have made the move as campaign groups continue working to drive fur out of the fashion industry.

Returns season is upon us, and it’s going to be a particularly busy period, especially for the fashion and beauty sectors, a survey says. Gifts worth £232 million will be returned in the UK, a poll of 2,000 people shows,

During the period between March 1 and November 30, 2022, the parent company of brands such as Cortefiel and Women'secret broke its turnover record.

The Chinese e-tailer intends to support new talents via its Shein X programme, which has already supported 3,000 designers, investing 55 million dollars. A fashion show will be organised in Paris in June.

This year's competition is aimed at young people, with Charles de Vilmorin presiding over the jury for fashion, Alan Crocetti for accessories and Luis Alberto Rodriguez for photography.

​Following an increasingly tough 2022 for UK retail, footfall this year won’t return to pre-pandemic levels and the gap from 2019 and will settle at between -5% and -10%, according to retail experts Springboard.

‘Conscious’ clothing brand Lucy & Yak is developing its sustainability credentials with the launch of ‘Re:Yak Buyback’, offering vouchers of up to £20 off future purchases when returning any pre-loved items.

​There’s a key trend being seen in UK retail with brand after brand reporting strong Christmas trading on the back of their link-ups with John Lewis, Next, M&S and Very.