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Neiman Marcus makes cuts to store staff on way out of bankruptcy

Neiman Marcus makes cuts to store staff on way out of bankruptcy

As the Dallas, Texas-based department store operator emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.
Fashion
Prada with Raf Simons: A newer New Look

Prada with Raf Simons: A newer New Look

Raf Simons made his collaborative debut with Miuccia Prada on Thursday afternoon, in the most keenly anticipated runway show in the world this year. And the result was a powerful collection, a newer New Look.
Fashion
Mango adds Teen offer to its line-up

Mango adds Teen offer to its line-up

​Post-pandemic, fashion retailers are targeting as many consumers as they can and Spanish giant Mango has added to its kidswear offer with a new capsule targeting teens that’s available online and in selected stores.
Fashion
Icon Outlet outperforms as post-lockdown sales and footfall rise

Icon Outlet outperforms as post-lockdown sales and footfall rise

​UK retail seems to be recovering in a very uneven way with some destination types recovering faster than others and local high streets faring better than city centres. Outlet malls in particular seem to be doing well.
Fashion
India's Reliance Retail in 'talks' on Debenhams

India's Reliance Retail in 'talks' on Debenhams

​Ailing department store chain Debenhams is reportedly in the sights of India’s richest man, Reliance Retail's Mukesh Ambani. He’s among the parties that have approached the firm’s advisers.
Fashion
Goat raises $100 million to fund growth

Goat raises $100 million to fund growth

Goat announced on Wednesday the closing of a Series E funding round of $100 million from D1 Capital Partners, which looks to accelerate the company's growth across its product categories and geographies. 
Fashion
Moose Knuckles unveils new pop-up concept in Düsseldorf

Moose Knuckles unveils new pop-up concept in Düsseldorf

The experiential store concept will be rolled out across various cities including London, Milan, Stockholm and Amsterdam over the next three months, FashionNetwork.com can reveal.
Fashion
Joules recovery starts, sales beat expectations, led by e-tail

Joules recovery starts, sales beat expectations, led by e-tail

​Joules had reasonably upbeat news on Wednesday, saying that its performance in its first quarter has been encouraging, despite the challenging trading conditions. 
Fashion
Stitch Fix returns to revenue growth, disappoints with net loss

Stitch Fix returns to revenue growth, disappoints with net loss

Following a rough Q3 caused by coronavirus-related disruptions, the online styling service announced an uptick in revenues in the fourth quarter but failed to impress Wall Street with a net loss of $44.5 million.
Fashion
J.Crew shuts UK stores, opts for online focus

J.Crew shuts UK stores, opts for online focus

J.Crew is closing all six of its UK locations, including the massive flagship on Regent Street, calling in liquidators to its British operation and will serve the British market via its global webstore.
Fashion
Walmart launches new Free Assembly fashion brand

Walmart launches new Free Assembly fashion brand

Launched on September 21, the premiere Free Assembly collection includes more than 30 items for women and 25 items for men for fall, all priced between $9 and $45. 
Fashion
Ascena receives court approval for reorganization plan

Ascena receives court approval for reorganization plan

Having filed for Chapter 11 bankruptcy in July, the Mahwah, New Jersey-based owner of Ann Taylor and Lane Bryant has received court approval for its reorganization plan, which must now be approved by its creditors.
Fashion
Mytheresa's e-commerce revenues jump 20%

Mytheresa's e-commerce revenues jump 20%

The German luxury retailer has reported annual revenues of 450 million euros, up from 377 million euros in the previous year, growth driven by a 20% rise in the company's e-commerce sales. 
Fashion
Aldo UK arm sold to Bushell Investment

Aldo UK arm sold to Bushell Investment

​The trade and assets of Aldo UK have been sold to the Bushell Investment Group (BIG), we were told on Monday.
Fashion
P.Diddy links with Missguided for first womenswear collab

P.Diddy links with Missguided for first womenswear collab

Fast fashion e-tailer Missguided is continuing to focus on high-profile collabs with the company on Monday announcing that it has linked with P.Diddy, via his streetwear brand Sean John, for a major womenswear launch.
Fashion
Asda sale imminent, two groups place bids around £6.5bn - report

Asda sale imminent, two groups place bids around £6.5bn - report

​The sale of UK supermarket chain Asda, which is also one of the UK’s biggest fashion sellers via its George label, could happen as soon as the end of this week.
Fashion