Only days after news that the sale process for Boots has been cancelled after prospective new owners failed to meet the expected price, it has emerged that fashion chain Seasalt has also scrapped its sale plans.
With the British Grand Prix having taken place at the weekend, and moving to Austria, France and Hungary later in July, Selfridges is aiming to tap into F1 frenzy and has opened a new experience as its London flagship.
The children's fashion fair held in Valencia from June 17 to 19 wrapped up its latest edition with 123 participating brands and its sights set abroad, as well as making progress in innovation and sustainability.
The British Fashion Council (BFC) is to stage its second annual Institute of Positive Fashion (IPF) Forum with an extensive day-long programme on 30 June. It will take place at 180 Studios, 180 The Strand, London.
UK lifestyle retailer Cath Kidston’s new owner could be investor Hilco. It’s close to buying the brand and wholesale operations, having held “detailed talks” with owner Baring Private Equity Asia, a report says.
H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.
The Scottish textiles industry is being funded by a £2 million injection to help “reduce its environmental burden”. Zero Waste Scotland and the Scottish government have launched their ‘Circular Textiles Fund’.
The British economy could be in line for a “painful inflation spiral”, the Bank of England’s chief economist Huw Pill has warned. He points to a shortage of workers and businesses’ willingness to pass on higher costs.