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Notonthehighstreet mulls £200m sale on revenues surge - report

Notonthehighstreet mulls £200m sale on revenues surge - report

Notonthehighstreet has thrived during the pandemic with the result that the online marketplace for small businesses is reportedly considering a sale to private equity or a trade bidder.
Fashion
John Lewis's new strategy goes beyond retail, is even more digital

John Lewis's new strategy goes beyond retail, is even more digital

Under its still-new Chair Sharon White, John Lewis Partnership has unveiled a “bold” new strategy to help its John Lewis department stores and Waitrose supermarkets reach more customers. 
Fashion
Next opens first premium beauty halls, more to open soon

Next opens first premium beauty halls, more to open soon

Next has taken a giant new step forward in its business development with its first two premium beauty halls. The new stores have opened in former Debenhams sites at Intu Watford and Intu Milton Keynes.
Fashion
Giorgio Armani opens new boutique in Monte Carlo

Giorgio Armani opens new boutique in Monte Carlo

Giorgio Armani Group has opened his first signature boutique in Monte Carlo, Monaco, in the latest retail expansion by the legendary Italian designer and empire builder.
Fashion
France's Baccarat in trouble as Chinese owner seeks cash

France's Baccarat in trouble as Chinese owner seeks cash

The storied French crystal maker Baccarat has been placed in administration by a court trying to determine if its Chinese owner will be able to raise emergency funds as sales tumble, the company said Tuesday.
Lifestyle
Britain's Selfridges to axe jobs on virus retail storm

Britain's Selfridges to axe jobs on virus retail storm

British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.
Fashion
Cannes travel retail show cancelled as duty free reels from air travel halt

Cannes travel retail show cancelled as duty free reels from air travel halt

The Tax Free World Association has cancelled its flagship World Exhibition that was due to take place in Cannes in September and October.
Fashion
John Lewis e-sales surge but totals drop, strategic review accelerates

John Lewis e-sales surge but totals drop, strategic review accelerates

The UK department store chain has warned that sales could fall by as much as 35% this year as a result of the Covid-19 outbreak.
Fashion
Furnishing retailer Dunelm gets access to coronavirus funding scheme

Furnishing retailer Dunelm gets access to coronavirus funding scheme

Home furnishings retailer Dunelm said on Thursday it was eligible to access funds under the government's Covid Corporate Financing Facility, as it drew down all available credit to see it through the coronavirus crisis.
Lifestyle
LVMH denies planning to buy Tiffany shares on the open market

LVMH denies planning to buy Tiffany shares on the open market

LVMH has denied planning to buy Tiffany shares on the open market, contradicting market rumors stating that they were about to do exactly that, after the US jeweler's stock price fell on the New York Stock Exchange.
Fashion
Swarovski gets colorful with hues of new lab-grown diamonds

Swarovski gets colorful with hues of new lab-grown diamonds

Crystal behemoth Swarovski has announced the launch of lab-grown diamonds in 16 new colors.
Luxury
Jigsaw to close luxe emporium The Shop at Bluebird this weekend

Jigsaw to close luxe emporium The Shop at Bluebird this weekend

The Jigsaw-owned luxury multi-brand store The Shop at Bluebird is to close on Sunday, a further sign of the challenges in the UK retail sector at present.
Luxury
Fashion king Kenzo on his exit from retirement for one final fling

Fashion king Kenzo on his exit from retirement for one final fling

He could be sipping cocktails in his silk slippers yet fashion legend Kenzo is back at the age of 80, throwing himself into the world of interior design Friday with the launch of his new brand, K3.
Luxury
Kenzo Takada launches new luxury home and lifestyle brand K三

Kenzo Takada launches new luxury home and lifestyle brand K三

Designer Kenzo Takada will launch a new luxury home and lifestyle brand K三 (pronounced K3) at the Maison & Objet trade show in Paris, France, which begins on January 17.
Fashion
Upbeat Next ends tough year ahead of its peers, cool weather helps

Upbeat Next ends tough year ahead of its peers, cool weather helps

Next may have seen full-price sales falling in its physical shops in recent months, but its online strength carried it through and its sales are ahead for the year to date, for Q4 and for the Christmas period.
Fashion
White Company sales, profits rise, autumn is tough but festive trading "positive"

White Company sales, profits rise, autumn is tough but festive trading "positive"

Lifestyle retailer The White Company Group delivered its latest set of results this week, and its performance is clearly improving, despite the tough times in UK retail at present.
Fashion