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Half of UK consumers to spend less on fashion this Christmas - report

Half of UK consumers to spend less on fashion this Christmas - report

​Consumers have taken a “direct hit” as the cost-of-living crisis eats into their Christmas finances and that’s going to dent their fashion spend, a new study from tax, audit and consultancy firm RSM claims.
Fashion
Most UK consumers are switching on to pre-loved says Amazon survey

Most UK consumers are switching on to pre-loved says Amazon survey

​We all know that pre-owned interest is seeing a strong upswing and now, a new Amazon survey has highlighted that more than half of British people say they’d welcome a pre-loved present this Christmas.
Fashion
Brand Machine Group creates new Chief Technology and Operating Officer role

Brand Machine Group creates new Chief Technology and Operating Officer role

​Brand Machine Group (BMG) has named Daljit Bhasin as Chief Technology and Operating Officer. The new position comes as part of the retail group's push towards global expansion.
Fashion
In The Style mulls sale, CEO steps down as founder resumes top job

In The Style mulls sale, CEO steps down as founder resumes top job

​In The Style — the influencer collab-based womenswear e-tailer — released its interim results on Thursday. But bigger news was a strategic review, and to cut a long story short, the business is potentially up for sale.
Fashion
Acquisitions drive Flannels owner Frasers Group revenue upwards, has big plans for 2023

Acquisitions drive Flannels owner Frasers Group revenue upwards, has big plans for 2023

​Frasers Group’s results for the six month to late October showed the company continuing to prosper, even against a tough backdrop, with overall revenue up 12.7% at £2.638 billion. 
Fashion
Archive raises $15 million in Series A funding

Archive raises $15 million in Series A funding

Tech resale company Archive has closed a $15 million Series A funding round, bringing the company’s total funding to over $24 million.
Fashion
Lightspeed appoints Kady Srinivasan chief marketing officer

Lightspeed appoints Kady Srinivasan chief marketing officer

Montreal-based commerce tech firm Lightspeed announced on Wednesday the appointment of  Kady Srinivasan, former Klaviyo and Dropbox executive, as its chief marketing officer. 
Fashion
Rouje expands retail business, launches skincare line, collaborates with Damart

Rouje expands retail business, launches skincare line, collaborates with Damart

The brand will make its New York debut, open its third Parisian store and will launch a skincare line in 2023. FashionNetwork.com spoke to Rouje founder, Jeanne Damas, to learn more about her brand's future projects.
Fashion
French watchdog orders Amazon to pay $3.5 million in penalties

French watchdog orders Amazon to pay $3.5 million in penalties

A French watchdog has ordered Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party sellers by the deadline it set, the watchdog said.
Fashion
Amazon down for thousands of users

Amazon down for thousands of users

Amazon.com Inc was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com.
Fashion
PrettyLittleThing's sales up, profits dip in latest yearly results

PrettyLittleThing's sales up, profits dip in latest yearly results

A slender rise in annual sales for fashion brand PrettyLittleThing was driven by positive performances in its core UK and US regions in the 12 months to 28 February, its latest accounts filed at Companies House show. 
Fashion
Crisis charity event is back on Savile Row for festive season

Crisis charity event is back on Savile Row for festive season

London’s Savile Row is showing its charitable side again this festive season. The upscale menswear retail area has reintroduced ‘Crisis at the Cop Shop’, a Christmas charity fundraiser hosted at a former police station.
Fashion
Éric Pfrunder, Karl Lagerfeld’s photography right-hand man, dies at 74

Éric Pfrunder, Karl Lagerfeld’s photography right-hand man, dies at 74

Éric Pfrunder, Karl Lagerfeld’s right-hand-man for his all photography projects, has died at 74. He was ever present at shoots Karl did for Chanel, Fendi and his own eponymous label, and all his editorial projects.
Fashion
Quiz cautiously upbeat as recovery continues

Quiz cautiously upbeat as recovery continues

​Quiz is continuing its turnaround and has reported increased demand for the brand driving revenue growth, plus a “significant increase” in profitability, and a strengthened cash position in the half to 30 September.
Fashion
Retail "most resilient real estate asset class" in 2022 - Savills report

Retail "most resilient real estate asset class" in 2022 - Savills report

​Retail may have had it tough in recent years, with lots of negative headlines. But a new report says it's turning out to be the most resilient real estate asset class this year, enjoying major investment.
Fashion
Klarna 2022 trends report identifies nostalgia as driving force in fashion

Klarna 2022 trends report identifies nostalgia as driving force in fashion

​BNPL specialist Klarna has released its first trends report and said that 2022 has been all about “nostalgia… as consumers turn to products reflective of more carefree times”.
Fashion