Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Dolce and Gabbana found guilty of tax evasion and sentenced to jail Wednesday, 19th June 2013
The controversial tax avoidance case surrounding Italian fashion designers Domenico Dolce and Stefano Gabbana came to a head today, with the pair sentenced to one year and eight months in prison. Despite denying the charges, the pair have been found guilty by an Italian court for hiding hundreds of millions of euros from the tax authorities.
Hermès are set to sue LVMH for stealthy stake acquisition Wednesday, 19th June 2013
Hermès International SCA have confirmed that they will sue rival luxury group Louis Vuitton Moët Hennessy (LVMH) in a bid to annul the equity shares LVMH have acquired. According to French daily Les Echos, Hermès are arguing that LVMH intentionally bought equity swaps in a bid to acquire shares in the handbag specialists.
Topshop partners with Reclaim to Wear for summer 2013 collection Wednesday, 19th June 2013
British multi-channel retailer, Topshop announced that it will be collaborating with Reclaim To Wear for the second time since its achieved success from its 2012 debut collection.
JD Sports prepares for “substantial” loss for Blacks and Millets Wednesday, 19th June 2013
JD Sports Fashion on Wednesday revealed its outdoor categories are set for another “substantial” loss, as a return to profitability remains a “work in progress”. The sporting goods retailer today warned its outdoor division, which made a loss of £14.9 million in its last financial year to February, had to sacrifice margins in order to achieve a positive like-for-like sales figure.
Big retailers open men's only stores as menswear market sees growth Tuesday, 18th June 2013
According to Mintel, sales in luxury menswear market is expected to hit USD 18,036 billion in 2016, an increase from last year’s USD 15, 971 billion.
Dolce & Gabbana open menswear store on New Bond Street Tuesday, 18th June 2013
Dolce & Gabbana have opened its only menswear flagship on New Bong Street to coincide with this week’s London Collections: Men festivities. The official launch party was preceded by Stefano Gabbana and Domenico Dolce showcasing their tailored Spring-Summer 2014 collection, sending some 40 models down the streets of Mayfair.
ASOS to double online Primark collection after initial success Tuesday, 18th June 2013
ASOS has announced it will double its Primark offering from 70 to 140 pieces after sales in the value-driven retailer’s clothing collection went viral earlier this month. Having yet to launch an e-commerce site of its own, Primark’s initial tie-up with ASOS has already been branded a roaring success, as shoppers in areas without access to a Primark have been able to purchase items from the fast fashion brand in the comfort of their own homes.