Although news from the retail industry has been somewhat gloomy of late following a very strong start to the year, clothing and footwear retailers have enjoyed a resurgence in trade thanks to the warm summer weather and higher optimism amongst consumers... Read More
Last week, a report by property agent CBRE showed that London has become the most popular city in the world for international retailers seeking to expand into new markets, paving the way for these companies to grow in other areas of the UK. Now, it has... Read More
During the recession, fashion labels suffered from plummeting sales due to consumers cutting back on luxury spending. This saw firms such as Mulberry and Burberry posting profits warnings and forecasting lower than predicted annual sales due to consumers... Read More
The recession took a heavy toll on retailers, with both high street brands and luxury labels struggling to keep their heads above water. However, with the economy slowly recovering, many of these firms are now experiencing a welcome return to form as... Read More
Primark may have announced plans to embark on a trial online venture with Asos, but the budget fashion retailer has no intention of scaling down its high street presence. This is underlined by the fact that the biggest Primark store in the world recently got... Read More
Primark has begun selling clothes online through internet fashion merchant Asos. The fashion retailer said it would sell a limited range of items online for a trial period, in order for the company to gain “insight” into online retailing. The... Read More
Fashion retailers have struggled so far this year, with poor weather patterns and consumer apathy giving new spring/summer lines a lukewarm welcome. Furthermore, a surplus of stock left over from the previous season has caused many to put together sales and... Read More
Three weeks after a garments factory collapsed in Bangladesh resulting in the death of 1,100 people, European retailers including Zara, H&M and Primark have signed an accord aimed at improving overall health and safety for all workers. The military rescue... Read More
Chief executive of Next retailer, Lord Wolfson pocketed more than £4.5m last year after a healthy increase in annual profits at the clothing and household furnishings retailer. However he has taken the almost unprecedented step for a FTSE 100 boss of... Read More
As the state of the global economy continues to improve outside the embattled Eurozone, retailers are beginning to leave behind austerity plans and once more examine options for international growth. Swedish fashion retailer H&M has already announced... Read More
