ASOS posts decline in sales
January 12, 2023 8:21 amASOS has posted a decline in sales after experiencing volatile trading in the four months to 31 December. Revenue fell by 4% in the period when... View Article
Tag Archive: fashion retail
Latest News: fashion retail
Sosandar boosted by record Christmas trading
January 10, 2023 7:23 amWomen’s fashion retailer Sosandar enjoyed a record quarter in the lead-up to Christmas with revenue increasing by 30% to £11.6 million. The three-month period to 31... View Article
Joules was almost £114m in the red when it entered administration
December 29, 2022 11:06 amLifestyle fashion retailer Joules was nearly £114 million in the red when it entered administration in November. According to a report by Business Insider, Joules owed... View Article
Joules administrators move closer to rescue deal
December 1, 2022 7:50 amCollapsed fashion retailer Joules is on the brink of being rescued by Phase Eight owner The Foschini Group. According to a report by Sky News, the... View Article
Superdry confirms talks with Bantry Bay on £70 million refinancing
November 28, 2022 8:25 amSuperdry has confirmed that it is in discussions with specialist lending provider Bantry Bay Capital regarding the replacement of its £70 million asset backed lending facility.... View Article
Gap Inc adds Banana Republic and Athleta to UK joint venture with Next
November 21, 2022 10:10 amGap has announced that its Banana Republic and Athleta brands will start selling within the UK and Ireland through its joint venture with Next. The company... View Article
Frasers Group acquires I Saw It First
July 28, 2022 10:26 amFrasers Group has acquired online fashion retailer I Saw It First for an undisclosed sum. The news follows the group’s recent purchase of Missguided out of... View Article
Zalando revises outlook after trading conditions deteriorate
June 24, 2022 8:20 amOnline fashion and lifestyle retailer Zalando has revised its outlook for its current financial year following a drop in European consumer confidence in June. In early... View Article
Zalando posts first quarter revenue decline
May 5, 2022 8:17 amZalando increased its gross merchandise volume by 1% to €3.2 billion in its first quarter as its number of active customers rose by 5.2% to nearly... View Article
