New Look toughens supplier stance
Privately-held fashion chain New Look has informed its suppliers that it is extending its payment terms from 60 days to 75 days from July onward. Managing director of finance and services at the retailer, Alastair…
Profits fall at Amazon
Amazon.com shares dropped as much as 18 per cent Wednesday after the on-line retail pioneer posted sharply lower second-quarter profit and said it would boost spending in the second-half, crimping its profitability. The stock tumbled…
Paul Smith launches Dylan Jones’ new book
Last night Paul Smith hosted the launch of Dylan Jones’ new book, Mr Jones’ “Rules” at his Floral Street shop. “The Rules” is the complete modern guide to being a man in the twenty-first century…
Daks re-open Bond street store
Classic British luxury brand Daks is slated to re-open its Bond Street boutique following an extended refurbishment. The store’s interior, designed by Craft, will reflect the House’s English heritage, and feature its menswear, womenswear, luxury…
Escada launches Escada Kids
German luxury brand Escada is joining the scores of other offering premium children’s wear. The fashion house has signed a licensing agreement with CWF Group (Children Worldwide Fashion) for a line of children’s wear. The…
Actress sued by luxury watchmaker
Raymond Weil, the luxury Swiss watchmaker is suing the Oscar-winning actress Charlize Theron for allegedly breaking an endorsement deal to wear only its watches. In court papers filed late Monday, Weil stated Theron signed an…
Tesco expands fashion range
Tesco is investing heavily in a clothing and home furnishings catalogue, online sales and shop-in-shop fashion outlets. The British supermarket giant expects the comprehensive range to reach sales of £1 billion next year. “We have…
Sports Direct speaks out against city critics
Sports Direct majority shareholder Mike Ashley has hit back at City critics branding unsupportive investors a ‘bunch of cry babies’. Click Here: Geelong Cats Guernsey The sports retailer, which owns brands such as Slazenger and…
Johnstons 210 th anniversary
This year it is the 210 th anniversary of the Scottish cashmere and wool company Johnstons of Elgin. Johnstons is celebrating its 210 years in business with several special events of which, opening a brand…
La Senza signs Petra Nemcova
Model of the moment Petra Nemcova is to be the new face of lingerie company La Senza. The 28 year-old supermodel follows in the footsteps of Sophie Anderton and Gemma Atkinson and is the latest…