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Business

Pandemic sends retailer PAS Group into voluntary administration

Pandemic sends retailer PAS Group into voluntary administration

Australian clothing retailer PAS Group said on Friday it has entered voluntary administration to review its operations, citing tough financial market conditions.
Fashion
Business
Capco in talks to buy stake in rival landlord Shaftesbury

Capco in talks to buy stake in rival landlord Shaftesbury

Covent Garden landlord Capital & Counties (Capco) has confirmed it is negotiating a deal to buy a 26.3% interest in Shaftesbury, which owns a large property portfolio in London’s West End.
Others
Business

Matalan seeks £50m funding injection from lenders

The funding consists of a £25m revolving credit facility from the government’s Coronavirus Large Business Interruption Loan Scheme and £25m of new notes that will be purchased by a group of current bondholders. 
Fashion
Business

Zalando move makes eco and ethical commitment mandatory for partner brands

European e-tailer Zalando has taken a major step forward in driving a more sustainability-focused retail sector post-pandemic, making sustainability assessment mandatory for its private labels and partner brands.
Fashion
Industry

Trade shows

Harrogate Fashion Week postponed to August

Harrogate Fashion Week postponed to August

Organisers of Harrogate Fashion Week announced this week that the trade show will be postponed to 23-24 August because of the coronavirus crisis and disruptions to the buying season. 
Fashion
Trade shows
JOOR links with London Fashion Week and Premium for virtual shows

JOOR links with London Fashion Week and Premium for virtual shows

Digital wholesale platform JOOR said on Wednesday that it will power key fashion industry events London Fashion Week next month and Premium Berlin in July, as well as a number of autumn fashion events.
Fashion
Trade shows

Parisian trade show Tranoï looking for new partners

In mid-April, Tranoï filed for a protection procedure to navigate the period of uncertainty caused by the Covid-19 pandemic, and is now looking for new investors to bolster its evolution.
Fashion
Trade shows

Valmont Barcelona Bridal Week to present new format in September

The bridal showcase has announced that its upcoming edition will take place on 4-10 September with a flexible and hybrid format that combines physical and digital initiatives.
Fashion
Trade shows