Expect a radical new look to Marks & Spencer’s women's fashion line-up this spring. The UK retail giant is understood to have struck deals with four independent womenswear brands to bolster sales, particularly online.
This is the first new store the company has opened since the easing of lockdown. Located on level 2 of Intu Derby, the store houses the brand’s complete womenswear collection alonsgide footwear and accessories.
New LovetheSales.com analysis of e-shopper demand shows a hunger for luxury investment pieces as well as high street fashion for the looming day when consumers will be able to restart their social lives.
Unsecured creditors of failed department stores chain Beales are owed £17.6 million, administrator KPMG has said. The company went under owing money to fashion concessions and suppliers, as well as staff and landlords.
Stephen Sunnucks, who served as the chief executive officer of New Look for four years until a management buyout in 2004, will join the board of Celine Jersey Topco Limited as a non-executive director.