Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.
The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
South Africa’s Truworths is betting on the launch of new clothing brands as well as entry into the budget-clothing market to support its medium-term growth after reporting a 7% decline in half-year profit on Thursday.
The UK’s retail sales fall was worse than expected last month, official figures showed on Friday. And the Office for National Statistics called out clothing stores as the key sector that saw “strong declines”.