Latest Articles in News

Philipp Plein, Jean Paul Gaultier and Aaron Esh: 2024 in interviews

From CEOs to big name designers, FashionUnited’s interview archive has been inundated with influential names this year, each giving insight into the inner workings of the fashion industry. Here are some of the top interviews of the year… January Designer Philipp Plein on Plein Sport and luxury sportswear Fashion designer Philipp Plein is known...

Business|Interview Featured

Compression socks with a doping effect: Founder and CEO of Stox talk about the road to success

Compression socks, whether used in sports, leisure or for medical purposes, aren't exactly considered a sexy accessory. Caspar Disselhoff agreed. So, almost 10 years ago, he founded Stox Energy Socks - the company making compression socks with medical technology fashionable. Stox was born in 2015, and already started out with a medical...

BusinessFeatured

Nordstrom to go private, namesake family receives board approval to acquire retailer

A deal that could see US department store giant Nordstrom go private has been approved by the board of directors, potentially allowing for the company’s namesake family to acquire all outstanding shares of the firm. The Nordstrom family, consisting of Erik, Pete, Jamie and other members, will come together with Mexican real estate company El...

Business

Lids reportedly set to exit the UK

US sportswear retailer Lids is believed to be on the verge of exiting the UK market just three years after opening its first stores there. It has been reported by Drapers that the company is currently in negotiations with landlords to end its leases, with all UK stores from the brand expected to close upon agreements. Lids debuted in the UK in...

Retail

Luxury Western goods line Russian stores, three years into sanctions

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's most well-off shoppers are still spoilt for choice when it comes to luxury Western goods. In the Russian capital's exclusive shopping quarters, department stores and high-end Russian outlets are doing a roaring...

Fashion

Athleisure brand Red Run expands into menswear

Red Run, a young athleisure label, has announced an expansion into menswear, a move that comes after “considerable” growth for the Liverpool-based brand since its launch in 2020. The first menswear collection, dubbed ‘Drop 1’, includes 10 essential pieces intending to make up the “fundamentals of any stylish wardrobe”, a press release stated....

Business

Walmart says it won’t hit ESG targets in latest report

US department store giant Walmart has said it is no longer expecting to hit some of its ESG targets despite making slight progress elsewhere. In its latest climate change report, the company said that while it continued to work towards the “aspirational goal of zero emissions by 2040, progress will not be linear”. Walmart cited its “trajectory...

Retail|In Pictures

In Pictures: A look inside Missoma’s new Marylebone flagship

Missoma has unveiled its fourth store in the UK, building on an ongoing retail expansion in the region for the British jewellery brand. The new flagship store is located on New Cavendish street, in an immersive setting spanning two-storeys. Alongside a selection of “most-loved styles” by Missoma, the store also houses a Piercing Studio, with...

Business

L’Oréal snaps up Korean skincare brand, Dr.G

Beauty conglomerate L’Oréal has acquired a subsidiary of Swiss retail group Migros, which includes Korean skincare brand, Dr.G. The deal involves all assets under Migros’ Gowoonsesang Cosmetics Co, Ltd. subsidiary, and will see Dr.G ultimately added to L’Oréal Groupe’s Consumer Products Division (CPD). This category intends to meet the rising...

People

Former French minister appointed to advise Shein committee

Former French Interior Minister Christophe Castaner has joined a panel advising fast-fashion giant Shein, according to a report by news outlet La Lettre. The appointment of the politician, who served as interior minister from October 2018 to July 2020, has sparked heated debate amid ongoing opposition to the company. "Who is actually...

Retail

NRF: Shoplifting figures see sharp increase on pre-Covid levels

A new report by the US’ National Retail Federation (NRF) has documented a concerning increase in shoplifting incidents in 2023 compared to that of pre-Covid levels. According to the organisation’s ‘The Impact of Retail Theft & Violence 2024’ study, there was a 93 percent increase in the average number of reported shoplifting incidents last year...

Business

Frasers to put forward new candidate for Boohoo representation

In the aftermath of Boohoo’s general meeting on December 20, when proposed candidates were declined a seat on the retailer’s board, Frasers Group has now released a statement noting the decision, yet reaffirming that it would continue pursuing representation. In a regulatory filing, the Sports Direct owner said it “respects the view of the...