Next, one of Britain's biggest clothing retailers, warned it may struggle to deliver its normal service in the run up to Christmas unless the government relaxes post-Brexit immigration rules to allow more workers in.
H&M Group sales are continuing to recover as its markets reopen, although it’s not bouncing back as fast as some rivals. That said, its net sales in local currencies increased by 14% year-on-year in Q3.
Boohoo Group hit another sales record in the first half with the company reporting H1 sales were even closer to the magic £1bn figure and that it doubled its market shares in the UK and US over the last two years.
Shareholders in British fashion and sports retailer Frasers Group on Wednesday backed a new executive share scheme that could earn chief executive designate Michael Murray £100 million ($137 million).
Crew clothing has filed its results for 2020 at Companies House and the figures show that it didn't do too badly last year, despite the impact of the pandemic that devastated many fashion firms and hit its sales hard.
UK beauty group Brand Architekts reported its annual results on Tuesday and described it as a period of “consolidation, transition and putting in place the strategic building blocks to achieve the Project 50 goal”.