LK Bennett is launching the fashion rental service that was flagged earlier in the year. LK Borrowed, its first monthly subscription rental service, lets shoppers “rent some of our most popular pieces”, it said.
As fashion rental services go this is claiming to be a UK first. US-based B2B rental tech platform CaaStle is expanding overseas to power a subscription rental service with UK menswear retailer Moss Bros from 20 April.
Following Centric Brands’ bankruptcy filing, Marquee Brands has announced that it is taking back control of the BCBG Max Azria and BCBGeneration licenses, as part of its efforts to launch the Marquee-Direct platform.
Children and maternity wear specialist Orchestra-Prémaman entered a protection procedure on September 24 2019, and on Monday February 17 it presented a reorganisation plan which involves cutting about 600 jobs.
The maternity apparel retailer has announced that it is considering strategic alternatives, including a potential sale, following a rough second quarter that saw a significant dip in the company’s revenues.
Hot on the heels of the retailer’s announcement that it is on the lookout for a new CEO, Destination Maternity has announced that it is conducting a reduction in force in an effort to streamline operations and cut costs.
The American maternity-wear retailer announced declining first-quarter sales on Wednesday and revealed that it has begun searching for a new CEO following Marla Ryan’s decision to step down from the post.