Swedish fashion chain H&M has announced it is to close six stores in Spain in the first half of the year to adapt to changes in the market. The company said it will try to relocate affected staff to other stores.
There’s rarely good news surrounding UK department store Debenhams these days, and its Christmas trading update on Thursday certainly didn't deliver much, although there were some crumbs of comfort in a bleak report.
On a day when most Christmas trading updates were bleak, it was encouraging to see one where the sales trajectory was in the right direction. John Lewis's sales rise wasn't big, but at least it was in the plus column.
It’s been hard to find good news in most of the announcements made by mother-and-baby products retailer Mothercare in recent periods, but the company says it has made “strategic progress in spite of UK headwinds.”
Ted Baker enjoyed healthy trading over the Christmas period, but its biggest strength was its e-commerce operations as physical stores growth went nowhere near to matching the dynamic e-tail performance.
London Fashion Week Men’s publicity used to bill the British capital as the historic birthplace of bespoke tailoring and classy gents' brands. Instead, it has morphed into the most experimental season almost anywhere.