Laura Ashley secures funding lifeline
February 20, 2020 6:50 amLaura Ashley has announced that it has reached an agreement with US bank Wells Fargo regarding a cash lifeline to cover its immediate funding requirements. Earlier... View Article
Tag Archive: fashion retail
Latest News: fashion retail
New Look reduces losses in third quarter
February 12, 2020 8:06 amNew Look saw its losses narrow in its third quarter despite “tough” market conditions. The fashion retailer made a pre-tax loss of £1.2 million compared to... View Article
French Connection drops sale plans
January 31, 2020 9:12 amFashion retailer French Connection has said it is no longer in a formal sales process and that it will now be focusing on completing its turnaround... View Article
H&M’s Stefan Persson to step down as chairman
January 30, 2020 8:34 amH&M has announced that Stefan Persson is to step down as its chairman and be succeeded by Karl-Johan Persson, who is currently the fashion retailer’s chief... View Article
N Brown hires Sarah Welsh as retail chief executive
January 30, 2020 8:04 amN Brown has strengthened its management team with the appointment of Sarah Welsh to the newly created role of retail chief executive. She will join the... View Article
Ted Baker stock may have been overvalued by up to £25 million
December 2, 2019 1:57 pmFashion retailer Ted Baker has said it might have overstated the value of its inventory by up to £25 million. Based on preliminary analysis, the company’s board... View Article
Bonmarché could be rescued by Peacocks
November 28, 2019 9:06 pmThe Bonmarché womenswear retailer could be rescued by the Peacocks fashion chain. Bonmarché entered administration last month after struggling against a “sustained period of challenging trading... View Article
ASOS strengthens board with new appointments
October 3, 2019 6:29 amOnline fashion retailer ASOS has strengthened its board with the appointment of four independent non-executive directors. Karen Geary has joined the board with immediate effect and... View Article
Primark sales performance boosted by new store openings
September 10, 2019 7:32 amAssociated British Foods has said it expects full year total sales at its Primark fashion chain to be 4% ahead of last year. In a pre-close... View Article
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