Monsoon Accessorize’s attempt to reshape its business to give it a brighter future could run into a stumbling block as the landlords of the stores that it occupies make demands in return for supporting a possible CVA.
John Lewis Partnership sales fell 4.1% in the latest week with a drop to £205.68 million, and while the Waitrose supermarkets were down 3.2%, the John Lewis department stores chain suffered the most with a drop of 5.6%.
Balmain creative director Olivier Rousteing has linked up with the British supermodel for the design of three bags for Balmain, which will be launched on Tuesday 28 May with three mini-films starring Delevingne.
Balmain CEO Massimo Piombini is the latest guest on LuxurynsightXFashionNetwork's podcast. Interviewed by FashionNetwork.com Global Editor-in-Chief Godfrey Deeny, he discusses Olivier Rousteing's role; digital; and the major developments underway at Balmain.
Fresh from the news that fashion flash sales specialist Showcase is opening at the Icon Outlet mall, we've heard that two of the biggest names in the global sportswear sector also set to open there this summer.
Reiss, the mid-market brand patronised by royal influencers the Duchesses of Cambridge and Sussex, was said this week to be up for sale but the company's owner has denied that it wants to exit its investment.
Monsoon Accessorize is fighting for its future as it attempts to strike new, lower, rent deals with its landlords, although it’s unclear whether this would avoid the need for a company voluntary arrangement (CVA) or not.
Double the number of Arcadia shops expected could close with the axe to fall heavily on Miss Selfridge and Evans, the former to lose its London flagship as it can command a rich rent from other retailers.