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UK retailer Next to re-open 25 stores on June 15

UK retailer Next to re-open 25 stores on June 15

British clothing retailer Next will re-open 25 stores on June 15 as the country's coronavirus restrictions ease, it said on Tuesday.
Fashion
Macy's announces $1 billion bond offering to repay credit facility

Macy's announces $1 billion bond offering to repay credit facility

Macy's Inc said on Tuesday it planned to raise $1.1 billion (£893.36 million) in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
Fashion
UK retailers report widespread cashflow difficulties - CBI

UK retailers report widespread cashflow difficulties - CBI

Eight out of 10 British retailers reported cash flow difficulties this month as sales dropped sharply again during the coronavirus lockdown, an industry survey showed on Tuesday.
Fashion
Thrift+ receives £950k investment

Thrift+ receives £950k investment

The online charity retailer has secured a £950k impact investment from a group of angel investors to further develop its on-demand clothing donation service.
Fashion
Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Designers are clamoring for a radical change in the fashion system; for less seasons and shows and later fashion week dates. But Carlo Capasa, president of the Camera, still expects to have four Fashion Weeks per year.
Fashion
Commonwealth Fashion Council adds new board member

Commonwealth Fashion Council adds new board member

The Commonwealth Fashion Council (CFC) has revealed that Roger Gingerich, president of Canadian fashion agency Gingerich Group, is joining its board of directors.
Fashion
Louis Vuitton names Johnny Coca director of women's fashion leather goods

Louis Vuitton names Johnny Coca director of women's fashion leather goods

The Spanish designer, former creative director of Mulberry, was recently put in charge of women’s fashion leather goods, working alongside Nicolas Ghesquière.
Fashion
Intu plans gradual reopening of shopping centres

Intu plans gradual reopening of shopping centres

Intu has outlined the safety measures it plans to implement across its 14 shopping centres to support the gradual reopening of non-essential retail stores.
Fashion
Retail footfall surges over holiday weekend, suggests pent-up demand

Retail footfall surges over holiday weekend, suggests pent-up demand

There are big questions around how keen consumers will be to return to physical shops once non-essential UK stores reopen in the middle of June, but the indications so far are that there's plenty of pent-up demand.
Fashion
Changing rooms: will government order their closure when stores reopen?

Changing rooms: will government order their closure when stores reopen?

Fashion shops can open next month, but a senior minister has suggested  that changing rooms could be off limits. And footwear chain Kurt Geiger has already said it will quarantine shoes that have been tried on.
Fashion
Edinburgh Woollen Mill hits back at claims of unpaid manufacturing bills

Edinburgh Woollen Mill hits back at claims of unpaid manufacturing bills

A Bangladeshi garment-makers' trade body is threatening to stop production for EWM over claims millions of pounds are owed to factories. But EWM said most stock has been paid for and deals reached on other orders.
Fashion
Moss Bros takeover is back on as Brigadier withdraws review request

Moss Bros takeover is back on as Brigadier withdraws review request

It looks like the £22.6 million takeover of Moss Bros will go ahead after the previously reluctant bidder withdrew its attempt to abandon the deal.
Fashion
Cristofoli heads to Otto's Freemans Grattan as chief customer officer

Cristofoli heads to Otto's Freemans Grattan as chief customer officer

Richard Cristofoli is to become the first ever chief customer officer at Freemans Grattan Holdings (FGH), the Otto-owned catalogue-retailer-turned-online-giant.
Fashion
DVF closes London store, UK division is in administration

DVF closes London store, UK division is in administration

Diane von Furstenberg has closed her London store, which was located on Bruton Street in Mayfair, with the firm’s DVF UK subsidiary going into administration at the same time.
Fashion
Alibaba-rival Pinduoduo beats revenue estimates as online shopping demand soars

Alibaba-rival Pinduoduo beats revenue estimates as online shopping demand soars

China’s Pinduoduo Inc beat first-quarter revenue estimates on Friday as more people shopped on its e-commerce platform during coronavirus lockdowns that have shut most brick-and-mortar outlets.
Fashion
Japan’s Uniqlo to make masks using underwear fabric

Japan’s Uniqlo to make masks using underwear fabric

Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for protective gear for the coronavirus. 
Fashion