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Mytheresa's e-commerce revenues jump 20%

Mytheresa's e-commerce revenues jump 20%

The German luxury retailer has reported annual revenues of 450 million euros, up from 377 million euros in the previous year, growth driven by a 20% rise in the company's e-commerce sales. 
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Aldo UK arm sold to Bushell Investment

Aldo UK arm sold to Bushell Investment

​The trade and assets of Aldo UK have been sold to the Bushell Investment Group (BIG), we were told on Monday.
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P.Diddy links with Missguided for first womenswear collab

P.Diddy links with Missguided for first womenswear collab

Fast fashion e-tailer Missguided is continuing to focus on high-profile collabs with the company on Monday announcing that it has linked with P.Diddy, via his streetwear brand Sean John, for a major womenswear launch.
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Asda sale imminent, two groups place bids around £6.5bn - report

Asda sale imminent, two groups place bids around £6.5bn - report

​The sale of UK supermarket chain Asda, which is also one of the UK’s biggest fashion sellers via its George label, could happen as soon as the end of this week.
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Zalando launches pre-owned in two markets, more to come next month

Zalando launches pre-owned in two markets, more to come next month

​Zalando shoppers in Germany and Spain can now buy and trade-in pre-owned fashion directly on the platform with Belgium, France, the Netherlands and Poland to follow next month, the company said on Monday.
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UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
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Edinburgh Woollen Mill not for sale but Peacocks valuation sought

Edinburgh Woollen Mill not for sale but Peacocks valuation sought

​There’s speculation this week that value fashion chain Peacocks might be sold at some point as its owner Philip Day seeks a valuation for the chain. 
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Superdry hurt by lockdowns but recent trading improves

Superdry hurt by lockdowns but recent trading improves

​The pandemic may only have affected the final period of Superdry's latest financial year, but its performance was “materially impacted” by Covid-19 disruption, the company said as it delivered its results on Monday. 
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Telfar announces collaboration with Ugg

Telfar announces collaboration with Ugg

The collaborative collection between Telfar and Ugg is set to launch in 2021, consisting of 10 pieces across accessories, apparel and footwear. 
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London Fashion Week day four: Hats off to Lulu Kennedy

London Fashion Week day four: Hats off to Lulu Kennedy

It felt a little like a repeat season in London this Sunday, with a series of largely digital displays where many designers actually repackaged collections they had shown in January or February.
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Simone Rocha: Hand-embroidered castles in Hauser & Wirth

Simone Rocha: Hand-embroidered castles in Hauser & Wirth

Leave it to Simone Rocha to present the most brilliant collection this weekend at London Fashion Week: high ethereal romanticism located somewhere between Jane Austen and Catherine de' Medici.
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London Fashion Week day three: Messages, not just more mode

London Fashion Week day three: Messages, not just more mode

An almost completely digital day at London Fashion Week on day three this Saturday, marked by multiple energetic videos and political messages and the almost complete absence of actual runway models.
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Centric Brands to emerge from bankruptcy in October

Centric Brands to emerge from bankruptcy in October

The New York-based brand licensing group, which made a Chapter 11 filing in May, has received court approval for its reorganization plan and expects to emerge from bankruptcy by the end of October.
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Edward Crutchley’s Yakuza wives confirm him as a truly major talent

Edward Crutchley’s Yakuza wives confirm him as a truly major talent

Few designers in London today pack as much punch and panache as Edward Crutchley, whose latest collection was an ode to a beautifully histrionic Yakuza gangster film, and all the better for that.
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Aspinal of London CVA to mean store closures

Aspinal of London CVA to mean store closures

​Aspinal of London is the latest British retailer to launch a CVA proposal as the effects of a pandemic have made its current business model unviable.
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Rent the Runway cuts unlimited membership plan

Rent the Runway cuts unlimited membership plan

The designer clothing rental service has announced that it is discontinuing its unlimited membership in favor of a new pricing structure allowing subscribers to rent four, eight or 16 pieces a month.
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