Authentic Brands Group’s Juicy Couture label saw a key development on Monday as it unveiled its latest store in what’s a return to physical retail in the UK
Lacoste UK has filed its accounts for last year and they showed a swing to a pre-tax loss of £3.269 million, even though turnover edged up slightly. It rose to £70.192 million from £69.922 million.
November wasn’t a great month for retail sales. That’s the conclusion of the latest BDO High Street Sales Tracker. It said total sales in discretionary spend categories fell 5.3% in November.
Represent has been making news of late with high-profile collabs and new stores and the news flow continues as it says investment firm True has taken a minority stake in the label that will enter womenswear next year.
With Black Friday looming at the end of this week, and November’s salaries hitting bank accounts on the same day, hopes are high that it will be a bumper one, especially after October retail was disappointing in the UK.
UK retail had a tough time last month — and a tougher time than originally thought for the month before — Office for National Statistics data showed on Friday.
Superdry said group revenue fell 22% to £488.6 million in its latest year, reflecting the continued underperformance of its Wholesale division but also impacted by softer conditions in its Retail segment.
Mytheresa has long been in the spotlight, but its Q1 results this week are being even more closely watched given that it’s the company that will soon be tasked with turning around YNAP as it acquires it from Richemont.
Online spending has been challenged in the UK in recent years but a new report says that spend will beat last year’s Christmas outlay by as much as £1.1 billion.
Following its earlier work with Anya Hindmarch, Uniqlo is back for more with a Winter 2024 collection called ‘An Eye for Curiosity’, a play on the cartoon eyes motif that Hindmarch frequently uses.