UK plus-size retailer Yours Clothing had a storming year in the 12 months to January 28 with revenues surging by 22%. Both store and online sales were strong and it managed to increase the gross margin by 5.5 ppts.
Sainsbury's has announced that it will buy Asda with the latter's owner Walmart taking a big stake in the combined firm. And both chains will continue, which means the Tu Clothing and George lines will carry on too.
Director and founder of the Hyères Festival of Fashion and Photography Jean-Pierre Blanc spoke to FashionNetwork.com about the event's 33rd edition and announced a new space dedicated to research and archives.
What’s the attraction of working in fashion if you are not a designer? That was the question at Hyères Festival for Camille Bidault Waddington, Leaf Greener, Frederic Sanchez, Etienne Russo and Stéphane Marais.
The UK retail sector was shocked at the weekend on news that two key supermarket names could merge. And if Sainsbury’s and Wal-Mart's Asda do merge, it would join up two of the most prominent fashion brands too.
Though founded as a festival of young talent 33 years ago, the Hyères Festival has also grown into one of Europe’s most prestigious photography prizes. This year the president of photography jury is Bettina Rheims.
Two major Wall Street brokerages were the first to value Amazon.com Inc in excess of $1 trillion (725 billion pounds) on Friday after another set of blockbuster quarterly results for the online shopping behemoth.
The Portland, Oregon-based sportswear group reported on Thursday higher-than-expected sales growth in Q1 2018, driven by strong progress in the company’s global direct-to-consumer channel and modest wholesales gains.