Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Dr Martens delivered another good performance in the latest three months with its trading update on Thursday saying its third quarter was driven both by very strong e-commerce and more buoyant retail store trading.
Levi Strauss forecast annual sales and profit above analysts' estimates after topping quarterly results on Wednesday, bolstered by higher prices and strong demand for its jeans and jackets, sending its shares up 8%.
Victoria's Secret & Co said on Tuesday it will sell a 49% stake in its China business to a Hong Kong-based lingerie maker for $45 million in cash, aiming to boost sales with the help of a local partner.
The British Fashion Council (BFC) has released the schedule for next month’s London Fashion Week. It runs from February 18 to February 22 as a digital-physical hybrid, showcasing both women’s and menswear brands.
Which has been more costly to British businesses, Covid or Brexit? Both, according to ParcelHero. Its research reveals that the “self-inflicted wound” of Brexit has cost UK businesses as much as the Covid pandemic.