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Business

Good news in the budget sees business rates slashed... but not for everyone

Good news in the budget sees business rates slashed... but not for everyone

​Many UK retailers will be breathing a rare sigh of relief on Wednesday as the annual budget statement sees business rates being cut in half.
Fashion
Retail
Buy early for Christmas, Puma tells shoppers

Buy early for Christmas, Puma tells shoppers

German sportswear company Puma increased its 2021 sales outlook on Wednesday even as it cautioned that a coronavirus lockdown in Vietnam, port congestion and container shortages were hurting its supply chain.
Fashion
Business

Retail real estate investor Eurofund Group launches UK arm

​Investment and real estate development company Eurofund Group has officially launched a UK arm with the appointment of a three-strong team in London.
Fashion
Retail

THG share plunge continues after update

THG can’t seem to catch a break. After it reported strong figures in its latest update, its share price continued to plummet, down from over £3 each at the previous day’s close to less than £2.40 each in early trading.
Fashion
Business

Design

BFC names TikTok as transformed Fashion Awards 'Principal Partner'

BFC names TikTok as transformed Fashion Awards 'Principal Partner'

​The British Fashion Council has unveiled short-form mobile video social media platform TikTok as its Principal Partner for The Fashion Awards 2021 on November 29. 
Fashion
Design
Tory Burch and Parsons partner on new scholarship fund

Tory Burch and Parsons partner on new scholarship fund

Tory Burch and the School of Fashion at Parsons School of Design announced a new five-year multi-disciplinary partnership to promote and celebrate creativity, innovation, and entrepreneurship.
Luxury
Design

Tommy x Timberland: Hilfiger’s latest collab debuts on Tuesday, Oct. 26

For those brought up in Britain, 'TT' stands for Tourist Trophy, the toughest motorbike race in the world. In fashion it stands for 'Tommy x Timberland', the latest collab from the designer which debuts on October 26.
Fashion
Design

Stella McCartney creates first vegan football boot with Adidas and Paul Pogba

​Stella McCartney and Adidas have worked together to produce the sports giant’s first 100% vegan football boot. The Paul Pogba x Adidas by Stella McCartney Predator Freak is a limited-edition, gender-neutral shoe.
Fashion
Design

Appointments

Esprit CEO Mark Daley steps down after less than a year

Esprit CEO Mark Daley steps down after less than a year

​Esprit announced on Wednesday that its CEO Mark Daley has resigned from the firm as of this week "due to his personal family matters".
Fashion
Appointments
Estée Lauder group president Cedric Prouvé to retire

Estée Lauder group president Cedric Prouvé to retire

The Estée Lauder Companies announced on Tuesday that group president, international, Cedric Prouvé will retire next summer, effective June 30, 2022. 
Beauty
Appointments

LuisaViaRoma names Alessandra Rossi as new CEO

The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO. 
Fashion
Appointments

Levi’s elevates Sanjeev Mohanty to head U.S., Canada operations

​Levi Strauss & Co has elevated Sanjeev Mohanty, the current senior vice president and managing director of South Asia-Middle East and Africa to head the company’s operations in the U.S. and Canada.
Fashion
Appointments

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