Latest Articles in News

Kith collaborates with NHL team the New York Rangers

American fashion and lifestyle brand Kith is proudly celebrating its New York City roots with a new collaboration with the National Hockey League (NHL) team the New York Rangers, which includes partnerships with Bauer, Mitchell & Ness, and Avirex. The Kith for the New York Rangers collection features apparel, accessories, and lifestyle goods...

Fashion

CFDA and Swarovski expand partnership with Re:Generation Innovation Fund

The Council of Fashion Designers of America (CFDA) has announced a “newly evolved partnership” with the Swarovski Foundation in the form of a fund designed to support early-stage creatives with innovation at the core of their new business ventures. The ‘Re:Generation Innovation Fund’, which has now opened its applications for 2025, is seeking “...

Business|Beauty Member

111Skin secures investment from Kim Kardashian’s Skky Partners

Skky Partners, the consumer-focused private equity firm co-founded by Kim Kardashian and Jay Sammons, the former head of consumer at Carlyle Group, has acquired a “significant” minority stake in UK-based skincare brand 111Skin for an undisclosed amount. The luxury skincare brand was co-founded in 2012 by plastic and reconstructive surgeon Dr...

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Schuh to slash workforce in bid to cut costs

Footwear retailer Schuh has begun a voluntary redundancy process among its staff as it bolsters efforts to cut costs. Speaking to The Scotsman, Schuh president, Colin Temple, said: “At Schuh, our people have and always will be our most important asset. Due to ongoing challenging economic conditions and rising costs, we have made the difficult...

RetailFeatured

Shoppers are feeling the January blues

In a sobering assessment of Britain's retail landscape, the latest British Retail Consortium (BRC) opinion consumer confidence survey reveals a nuanced picture of economic anxiety. Consumer confidence has taken a significant hit, with expectations for the state of the economy plummeting to a new low of -34 in January, a marked decline from...

BusinessFeaturedMember

The Rise of Temu: Disruption, convenience, and the hidden costs of hyper-consumerism

In an era of digital marketplace transformation, Temu has emerged as a lightning rod for both economic innovation and critical scrutiny of contemporary consumption patterns. The platform's meteoric rise — achieving a 53 percent year-on-year growth in monthly active users in the United Kingdom — represents more than a digital success story; it...

Retail|Beauty

Bloom Perfumery triples Covent Garden presence

London independent perfume retailer Bloom Perfumery has relocated within Covent Garden, opening a larger store within The Yards due to the brand’s “significant growth and popularity”. Bloom Perfumery has relocated from Langley Court to 4 Slingsby Place, tripling the size of its previous store to accommodate "the influx of visitors the store...

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Frasers accuses Boohoo of making undisclosed payments to founder’s son

On January 21, Frasers Group’s final resolution for Boohoo shareholders was ultimately turned down, meaning the fast fashion conglomerate’s founder, Mahmud Kamani, was to retain his place as director. While this seemingly brought an end to another chapter in the duo’s leadership battle, it appears yet another twist in the story is only just...

BusinessMember

Australia’s Myer and Premier Investments receive shareholder backing for merger

Australian department store Myer has received shareholder backing for its proposed merger with the Apparel Brands subsidiary of Premier Investments Limited. In a general meeting held by the company, 95.45 percent of shareholders voted in favour of the proposal. Upon announcing the results of the meeting, Myer executive chair, Olivia Wirth, said...

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Chanel cuts 70 jobs across US workforce

Luxury fashion giant Chanel is cutting 70 jobs in the US, representing about 2.5 percent of its workforce in the region, according to a report initially made by online publication Puck News and later confirmed by Bloomberg. The decision to reduce its workforce is intended to curb expenses and help the company “better adapt to current economic...

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Revolution Beauty projects 25 percent sales decline for FY25

In an annual trading update, Revolution Beauty Group said that it now expects net sales to decline 25 percent and high single digit millions underlying adjusted EBITDA supported by the continued positive delivery of operational and cost savings programmes. The company discontinued over 6,000 unproductive SKUs – around 75 percent of its original...

BusinessMember

Primark cuts outlook following disappointing UK and Ireland sales

Associated British Foods (ABF), the owner of Primark, has cut its outlook for the budget retail chain as like-for-like sales in the UK and Ireland dropped 6 percent, while overall sales fell 4 percent, due to a general decline in the region’s clothing market and cautious consumer sentiment. For the first quarter, spanning the 16 weeks to 4...