Cos is set to open the doors to a new flagship store in a former warehouse in the Liverpool One shopping centre. The 5700sq ft store will open at the entrance of Peter’s Lane next month, counting upmarket fashion retailers Flannels and Harvey Nichols as its neighbours. Liverpool One, which is celebrating...
450 jobs as at risk as Marks & Spencer has announced the closure of its distribution centre in Hardwick Grange near Warrington. The distribution centre, which currently handles clothing and home distribution for the North West and Scotland is due to close in September, and operations will now move to other...
New Look faces more difficulties as its credit insurance is cut less than a month after a company voluntary arrangement (CVA) was approved by creditors. According to Drapers, HSBC has withdrawn credit protection for some suppliers of the fast fashion retailer after initially reducing its level of credit protection at the...
Online furniture brand Swoon has launched a 3,800 square foot pop-up showroom in London’s Covent Garden as it unveils its new brand identity. Remaining open until 29 April, the pop-up was designed by Studio Stilton in collaboration with Swoon and will offer visitors over 200 products as well as in-house workshops...
John Lewis saw its sales drop by 7.1% year-on-year last week due to poor weather and the annualising of Easter promotions in the same week last year. Electricals and home technology sales edged up 0.2% as the retailer enjoyed strong sales in the mobile and photo categories. The large electricals category...
Primark owner Associated British Foods has said that adjusted operating rose by 6% to £341 million at the budget fashion chain in the first half of its financial year. Sales grew by 8% year-on-year to £3.477 billion in the 24 weeks to 3 March as trade was driven by increased retail...
Women’s fashion brand Quiz is launching a standalone ecommerce site to trial a capsule collection of menswear. Called Quizman, the new offering includes a selection of shirts, blazers, denim, trousers and smart outfits for men who want a transitional day-to-evening look. Chief commercial officer at Quiz, Sheraz Ramzan said: “We are exploring...
JD Sports has reported that its annual pre-tax profit before exceptional items rose by 26% to £307.4 million after a year of “significant” progress both in the UK and overseas. In the 53 weeks to 3 February, pre-tax profit climbed by 24% to £294.5 million while revenues increased by 33% to...
Burberry has announced Gerry Murphy as its new chairman. Gerry Murphy has served as non-executive director of British American Tobacco, Merlin Entertainments and Reckitt Benckiser, and is the current chairman of Tate and Lyle and of the Blackstone Group International Partners. Jeremy Darroch, Burberry’s senior independent director said, “We are delighted to...
H&M has revealed that its next designer collaboration will be with MOSCHINO. The news was delivered via an Instagram live call from model Gigi Hadid to MOSCHINO creative director Jeremy Scott, which was projected on digital screens at the annual MOSCHINO party at the Coachella festival in California. Commenting on the collaboration,...
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