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Hammerson to chase rent arrears as mall collections, footfall improve

Hammerson to chase rent arrears as mall collections, footfall improve

​Life’s going to get tougher for Hammerson retail tenants still in rent arrears. While the property giant said it has seen a “significant” improvement in collection rates, it now remains “focused on collecting arrears”.
Fashion
AllyLikes is new fast-fashion platform from Alibaba, aims to take on Shein

AllyLikes is new fast-fashion platform from Alibaba, aims to take on Shein

E-tail giant Alibaba is seeking to dethrone Chinese rival Shein from its powerful position in fast-fashion online retail with the launch of its own value-focused, trend-responsive fashion platform AllyLikes.
Fashion
Zalando's Connected Retail expands to Italy

Zalando's Connected Retail expands to Italy

​Zalando continues to roll out its Connected Retail offer to new countries and Italy is the latest on its list.
Fashion
Izod expands licensing agreement with Centric Brands into menswear

Izod expands licensing agreement with Centric Brands into menswear

The American clothing label, which was acquired by Authentic Brands Group from PVH earlier this year, has extended its licensing agreement with Centric Brands to cover new product categories and distribution channels.
Fashion
Matalan has good Q2 but supply chain issues hamper sales

Matalan has good Q2 but supply chain issues hamper sales

​Matalan revenues rose fast in Q2 but could have risen faster if not for supply chain issues. The company is staying cautious as logistics problems frustrate efforts to get the product customers want into its stores. 
Fashion
Very Group buoyant as sales and profits soar, fashion is strong

Very Group buoyant as sales and profits soar, fashion is strong

​Very Group reported its full-year results on Tuesday with sales surging and pre-tax profits leaping even faster at the owner of the Very.co.uk and Littlewoods brands.
Fashion
Eileen Fisher to step back from CEO role at namesake brand

Eileen Fisher to step back from CEO role at namesake brand

The 71-year-old designer is planning to step down as chief executive officer before the start of 2022, but will continue to lead design at the apparel brand she founded 37 years ago.
Fashion
Five U.S. lawmakers accuse Amazon of possibly lying to Congress following Reuters report

Five U.S. lawmakers accuse Amazon of possibly lying to Congress following Reuters report

Five members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives of either misleading Congress or possibly lying to it.
Fashion
US regulators warn firms over fake online reviews

US regulators warn firms over fake online reviews

Hundreds of companies ranging from Amazon to Google have been warned against resorting to bogus customer reviews, US regulators said, signalling a crackdown on misleading endorsements that have proliferated online.
Fashion
UK footfall fails to grow, but recovery in London, other cities continues

UK footfall fails to grow, but recovery in London, other cities continues

​Despite continuing worries about supplies of Christmas goods, British consumers appear to be holding back from diving too enthusiastically into Christmas shopping this early in the season.
Fashion
UK e-commerce sales tax still a 'work-in-progress' - report

UK e-commerce sales tax still a 'work-in-progress' - report

​The UK government is drawing up plans to introduce an online sales tax, but don’t expect its inclusion in the chancellor’s end-of-the-month budget. The news will come as a further disappointment for physical retailers.
Fashion
Textile wholesaler and retailer Leeds Group has a difficult year

Textile wholesaler and retailer Leeds Group has a difficult year

It’s been another tough year for Leeds Group and Covid-19 continues to be the culprit. While many British businesses are slowly recovering, UK-based-but-Germany-focused fabrics specialist is still some way off normality.
Fashion
Laura Ashley is back as a fashion brand in Batsheva collaboration

Laura Ashley is back as a fashion brand in Batsheva collaboration

​The comeback of Laura Ashley in the fashion sector has begun as Batsheva Hay’s eponymous Batsheva label has linked up with the UK brand in a way makes the most of its heritage and targets the upscale shopper.
Fashion
Ego in sponshorship deal with Channel 4

Ego in sponshorship deal with Channel 4

​Another Manchester-based online fashion retailer is aiming to make a big impact via a TV sponsorship deal, with Ego having signed to sponsor the Channel 4 dating series The Love Trap that’s set to launch this week.
Fashion
THG founder relinquishes 'golden share', aims to halt share price fall

THG founder relinquishes 'golden share', aims to halt share price fall

​As it reels from a plummeting share price, THG (which used to be known as The Hut Group) said on Monday that its founder is cancelling his Special Share rights.
Fashion
Swedish payments firm Klarna introduces 'pay now' option in UK

Swedish payments firm Klarna introduces 'pay now' option in UK

Swedish payments firm Klarna said on Monday it has introduced a number of changes to its product in the United Kingdom including the option for its users to "pay now" and in full.
Fashion