The American owner of brands including The North Face, Timberland and Vans is moving its Asian center of operations and product supply hub, both currently based in Hong Kong, to Shanghai and Singapore, respectively.
Abercrombie & Fitch Co on Monday forecast holiday-quarter net sales to decline between 5% and 7%, as strong online demand was not enough to cushion the blow from temporary store closures and Covid-19 restrictions.
M&S has confirmed that it has bought the Jaeger brand, which had been part of Philip Day’s fashion retail empire. But while the firm is taking over the brand, it’s not buying the label’s store chain and its concessions.
Think of the latest No. 21 collection as the return of Marilyn Monroe. A collection where Alessandro Dell’Acqua gives a movie-star spin on what he does best - Milanese bourgeois decadence – for his brand No. 21.
French fashion group Molly Bracken has tapped new growth opportunities in 2020. Its leading label, Molly Bracken, unveiled a new concession concept in Spain at the end of last year, and has opened a showroom in London.
We know it’s been a wildly unpredictable retail rollercoaster ride during a Covid Christmas trading period. So, as a bellwether of UK commercial property, how has British Land performed since its last update in November?