The British Retail Consortium (BRC) has launched its Tariff Roadmap for the next Government, which highlights the short term risks and long-term opportunities for the UK’s global trading relationships presented by Brexit.
London Fashion Week Men’s has released the official show schedule for its next edition taking place from 8-12 June, which shows a rise in the number of brands going co-ed on the catwalk (roughly one third of brands will show men’s and women’s collections) but relatively few adopting the see now, buy now model.
Marks & Spencer has revealed more details of its planned five-year retail shake-up programme by announcing the opening of 36 new stores this year and the closure of six, including four clothing stores.
Farfetch has appointed yet another senior executive from the Yoox Net-A-Porter Group (YNAP); Paul Brennan has joined as COO of its London boutique Browns, which is the test bed for the luxury platform’s Store of the Future.
Primark achieved an 11% growth in revenue to £3,222m in the 24 weeks to 4 March, its owner Associated British Foods revealed as it announced its interim results today.
British luxury house Burberry has reported a rise in retail revenue of 3% in the six months to 31 March; however shares in the business dropped 5% at market opening on the back of the announcement.
Premium British fashion and lifestyle brand The White Company has opened the doors of its newly extended store at Kent shopping destination Bluewater.
Department store group House of Fraser grew profits from £1.3m to £3.4m in the year to 28 January 2017 on flat revenue but has warned that the volatile trading it witnessed last year will continue throughout 2017.