​The UK’s biggest clothing retailer admitted on Thursday that its kidswear collections were too formal as it unveiled a new direction for the department.

The Vans parent company announced a 5% increase in third-quarter revenue on Thursday, falling short of analysts’ expectations, despite strong growth in China and the group’s digital channel.

English designer Anya Hindmarch has quietly regained joint ownership of her namesake fashion business, after retaking the chief executive position to lead a turnaround.

The sport apparel and equipment retailer has reported that its global sales in 2019 grew by 3.2%, reaching €12.3 billion. Sales for its subsidiary The Athlete's Foot’s grew by 11%.

Aspinal of London has hired financial advisers from KPMG to explore its strategic options if an attempt to sell the business fails to find a suitable buyer.

Multibrand retailer Wolf & Badger has seen a “consistent rise in overall global sales and strong performance from its flagship stores in London and New York” to give it another period of higher full-year revenues.

Mothercare’s stores may have been closed in the UK but the company is continuing as a brand owner and on Thursday it updated us on the transformation plan it unveiled back in November.

Asos said it delivered an “encouraging” start to its financial year when it issued a trading update on Thursday, with the four months to December 31 seeing both total group revenue and total group sales up 20%.

Louis Vuitton said on Wednesday it had struck a partnership with the National Basketball Association, as the luxury goods brand ramps up its efforts to make a splash in the United States. 

The consumer products conglomerate and its ethnic beauty-focused subsidiary have teamed up to launch Emerge, a new brand that aims to empower multicultural Gen-Z women with affordable textured hair care products.

Despite hailing the deal as “a step in the right direction,” GlobalData reports that it will “offer little relief to apparel firms” caught up in the middle of the ongoing trade conflict between the two countries.

Splash About, a UK swimwear brand for children, is preparing for a big year ahead after acquiring a distressed complementary business and bringing logistics in-house.

Fashion sales at John Lewis & Partners fell 2.8% in the seven weeks to 18 January as customers shopped the final week of clearance, the retailer’s latest weekly figures have revealed.

Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.

German fashion house Hugo Boss reported better than expected fourth-quarter sales growth on Tuesday, helped by strong demand at its renovated stores and growth in online retail.