The legal action has been brought by US law firms Almadani Law and AI Law, which allege that Boohoo and its subsidiaries PrettyLittleThing and Nasty Gal have engaged in deceptive pricing.
H&M is continuing to focus on its sustainability credentials with news that it’s launching a new collab swimwear collection and that it has topped a key ranking from the global non-profit Textile Exchange.
Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
Fashion may have struggled to gain traction with cautious consumers during the UK lockdown but one key group has been buying enthusiastically — students.
M&S has plans to hibernate some of its SS20 stock as it reveals a big sales hit due to the pandemic. But the firm is upbeat and says Clothing & Home is progressing, even though fashion retail will change post-crisis.
Farfetch saw its revenue almost doubling in the first quarter as lockdowns meant online was the only option for luxury fashion shoppers. The firm remains loss-making but says it's still on target for profits next year.
The Havaianas brand, which is known all over the world for its rubber flip-flops, has opened a new chapter in its history with the launch of its first ready-to-wear collection for the 2020 spring-season.
Asos has defended its decision to keep its warehouse in Barnsley open after calls from a union to close it for a deep clean on reports that several workers tested positive for Covid-19.
The size-inclusive collection offers a total of six pieces, with swimwear sizes ranging from 2 to 22.
A group of fashion CEOs, retailers and designers, including luminaries like Dries Van Noten, Tory Burch and Craig Green, have called for a major rethink in fashion deliveries and greater sustainability in an open letter.
Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic.
The cancellation of 2020's Love Island due to the coronavirus could be both a blow and a blessing for retailers that sponsor it. No show means no sales boost, but it also means saving on marketing spend.
L Brands announced on Thursday that it has amended its revolving credit facility, among other measures, to ensure liquidity in light of the ongoing coronavirus pandemic.
Laybuy, the buy now, pay later specialist from New Zealand, hosted its first day of deals for UK customers on Thursday in partnership with some of Britain’s best-known retailers.
On Thursday, Pentland Group said that Jim Gerson will be returning to the recently-acquired Speedo North America business as president, a role he held for six years earlier in the decade.
