Kering launches €1.2 billion bond issue
May 11, 2020 11:05 amKering has launched a €1.2 billion dual-tranche bond issue after its sales were impacted by the covid-19 outbreak. The owner of luxury brands such as Gucci,... View Article
Fashion Retail News UK
Superdry sales plunge during covid-19 crisis
May 7, 2020 11:37 amSuperdry has said its fourth quarter performance has been “substantially impacted” by the coronavirus pandemic. Group revenue was down 36.9% in the three month period after... View Article
Zalando forecasts sales growth of 10% to 20% in 2020
May 7, 2020 7:44 amOnline fashion retailer Zalando expects to increase its full year gross merchandise volume by between 10% and 20%, despite a slowdown in sales during March due... View Article
J. Crew files for bankruptcy protection in US
May 5, 2020 7:38 amJ.Crew Group has become the first large retailer in the US to file for bankruptcy protection during the coronavirus crisis. The fashion retailer has commenced Chapter... View Article
Prada re-opens production sites
May 4, 2020 7:55 amPrada has announced that it has begun to resume production at its Tuscany workshop and its factories in the Umbria, Marche and Milan regions. The luxury... View Article
Oasis and Warehouse stores to permanently close
May 1, 2020 6:05 amAll Oasis and Warehouse stores are to permanently close after administrators for the failed fashion chains were unable to find a buyer for the company behind... View Article
Zalando to begin selling face masks
April 30, 2020 7:38 amZalando is to begin selling affordable textile masks on its online fashion store in all 17 markets. All profits from the sales will be donated to... View Article
Shoe Zone donates £20k to National Emergency Trust
April 29, 2020 6:04 amFootwear retailer Shoe Zone has donated £20,000 to the National Emergency Trust Coronavirus Appeal and is also making it easy for customers to make donations. The... View Article
Boohoo appoints new non-executive director
April 27, 2020 5:28 amOnline fashion retailer Boohoo has appointed Kath Smith as an independent non-executive director. Due to take up her position on 1 May, Smith is currently a... View Article
