Philip Green To Acquire Etam
Mr Green’s Arcadia Group has more than 2,000 outlets across the UK. UK retail entrepreneur Philip Green is to buy fashion chain Etam, in a deal thought to be worth £10m. The Arcadia Group currently…
H&M sales growth
Swedish fashion group H&M has reported 5 per cent sales growth in January, a sharp drop over the 12 per cent increase seen in December. H&M said that ‘calendar effects’, and the impact of New…
Court rules against Coach LVMH complaint
The Japanese Fair Trade Commission on Thursday ruled against Coach’s complaint against LVMH Moët Hennessy Louis Vuitton. But the U.S. company believes the exercise has resulted in LVMH changing its behavior in Japanese department stores.…
Laura Ashley closes Regent Street store
Laua Ashley Holdings Plc has decided to close its Regent Street, London store as a result of a raise in rent. The Queen of England’s property estate raised the rent for the first time in…
Paris Fashion Week
Paris fashion week started off on the wrong stiletto with a nationwide strike of public transport systems. Taxis in Paris are not as abundant as they are in London, and fashion editors arrived late at…
Stella part II
London H&M stores will see a second wave of Stella McCartney products this week. The capsule collection – deemed a great success by the Swedish retailer – has generated overwhelming demand and blanket press coverage,…
Online shopping spark catalogue popularity
New research from Royal Mail has revealed that online retailers are increasingly relying on catalogues to drive new and existing customers online this Christmas. With a buoyant Christmas period for e-retail predicted – IMRG (Interactive…
Not so vintage Chanel
Actress Reese Witherspoon may not have been the only victim of Chanel dress deja vu at the Gold Globe Awards last week. The Los Angeles Times Friday quoted “unconfirmed reports” that Natalie Portman’s “vintage” black…
KarstadtQuelle returns to solvency
KarstadtQuelle has announced an end to the risk of insolvency with a €4.5 billion refinancing deal. The struggling German retail chain used its core property portfolio to back the deal, which was structured through a…
Tariffs imposed on Chinese imports
Retailers are warning of a rising tide of protectionism in Brussels as the European Commission prepares to slap punitive tariffs on imports of cheap Chinese shoes this week. The EC is expected to rubber stamp…