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Boohoo starts independent review of UK supply chain, promises in-depth probe

Boohoo starts independent review of UK supply chain, promises in-depth probe

Boohoo is moving quickly to protect its business as a supply chain scandal causes e-tailers such as Asos and Zalando to delist its brands. But the firm also said its wholesale ops are small as D2C is its focus. 
Fashion
Vero Moda ends printed B2B catalogues

Vero Moda ends printed B2B catalogues

Bestseller said it has ended printed NOOS (‘never out of stock’) B2B catalogues for Vero Moda with the label “having gone ‘all in’ on their digital transformation. A shift that benefits colleagues and customers”.
Fashion
Boohoo shares plummet further after Leicester factory exposé

Boohoo shares plummet further after Leicester factory exposé

Boohoo shares continued to plunge on Tuesday after weekend allegations linking it to illegal factories in Leicester had driven the share price down sharply on Monday.
Fashion
AllSaints creditors support CVA with big majorities

AllSaints creditors support CVA with big majorities

Fashion retailer AllSaints has won creditor backing for its UK and US CVA proposals. It means it can proceed with its plans to downsize the chains with a small number of closures and strike new rent deals.
Fashion
All smiles at Sosandar as Q1 booms

All smiles at Sosandar as Q1 booms

E-tailer Sosandar had a strong first quarter, despite the lockdown, and even edged closer to profitability in June. The company adjusted its strategy and its product mix and won new customers as a result.
Fashion
JD Sports profits rise, but with consumer uncertainty it calls for "rental realism"

JD Sports profits rise, but with consumer uncertainty it calls for "rental realism"

JD Sports Fashion continued to progress globally last year and despite the damage the pandemic has caused, it remained optimistic for its future prospects as it delivered its full-year results.
Fashion
Nordstrom to pay half rent for the rest of 2020

Nordstrom to pay half rent for the rest of 2020

The department store retailer has reportedly informed the landlords of its full-price namesake locations and its off-price Nordstrom Rack stores that it will only pay half of its occupancy costs for the rest of the year.
Fashion
Schiaparelli and Naomi kick off Paris's first digital couture season

Schiaparelli and Naomi kick off Paris's first digital couture season

Schiaparelli kicked off first the ever fully digital Paris haute couture season on Monday with a film which concentrated on its couturier, Daniel Roseberry, since he was marooned in New York throughout the lockdown.
Fashion
Concerns over Oxford Street future as social distancing bites

Concerns over Oxford Street future as social distancing bites

New footfall figures for the weekend show the extent of the challenge facing major shopping destinations with Oxford Street in particular under heavy pressure.
Fashion
Bestseller vows to make early payments as orders resume

Bestseller vows to make early payments as orders resume

Danish fashion giant Bestseller said on Monday that it’s going to be making faster-than-usual payments to its suppliers until October as the industry tries to get back to some kind of normality.
Fashion
Pressure on Boohoo after newspaper exposé of "undeclared" supplier

Pressure on Boohoo after newspaper exposé of "undeclared" supplier

Boohoo Group has been forced to take action and defend itself again after a major newspaper exposé said a sub-contracted garment factory accused of illegal practices was making some of its products.
Fashion
Hermès unveils its spring 2021 menswear via performance art

Hermès unveils its spring 2021 menswear via performance art

The house of Hermès kicked off the Continent’s first purely digital fashion season on Sunday with a low-key performance art video of its spring 2021 menswear collection.  
Fashion
U.S., EU advocacy groups warn against Google's purchase of Fitbit

U.S., EU advocacy groups warn against Google's purchase of Fitbit

Twenty advocacy groups from the US, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google’s $2.1 billion bid for Fitbit Inc because of privacy and competition concerns.
Fashion
Studio Retail MD Kendrick to become CEO when Maudsley leaves next year

Studio Retail MD Kendrick to become CEO when Maudsley leaves next year

Budget fashion retailer Studio Retail announced its CEO succession plans on Friday saying Paul Kendrick, MD of its main Studio Retail subsidiary, will take the helm next year.
Fashion
Jack & Jones launches SS21 offer to global teams via live-stream

Jack & Jones launches SS21 offer to global teams via live-stream

Bestseller's Jack & Jones has said a “revolutionary” chapter has been written in the brand’s history with its first digital collection launch to its teams around the world. And it's planning more live-streamed events.
Fashion
Primark still determined to stay physical, won't go digital

Primark still determined to stay physical, won't go digital

Not having a webstore during the lockdown may have meant sales losses adding up to hundreds of millions of pounds per month for Primark, but the budget fashion retail giant remains resistant to trading online.
Fashion