Miscellaneous
The latest news
Gen Z to spend £4.3bn on back-to-campus products - UniDays study
With the new school year just around the corner, we’re told that Gen Z was poised to spend an average of £1,600 per person on back-to-campus supplies, representing a total spend of £4.3 billion, according to UniDays.
Fashion
Popular Gok Wan links with JD Williams
Celebrity stylist Gok Wan has a rich history of fashion collaborations and his latest is as ambassador for UK fashion brand JD Williams.
Fashion
Major Metrocentre investment will create new anchor units
The Metrocentre shopping destination in Gateshead is planning to spend £6 million on an upgrade to revitalise an area in and around its Green Mall entrance.
Fashion
DVF brings ops in-house again as new CEO de Boni re-sets the business
DVF founder Diane von Furstenberg and its CEO Graziano de Boni said on Friday that they’re “excited to announce that by the end of 2024 the operations of the 52-year-old brand will be managed in-house again”.
Fashion
UK consumer confidence matches almost 3-year high in August
British consumer confidence held at an almost three-year high in August, bolstered by improving sentiment around personal finances and major purchases, according to a survey on Friday.
Fashion
JD Sports buoyant in Q2 as it bounces back from earlier slowdown
JD Sports Fashion may have had some downs as well as ups this year, but its Q2 trading update on Thursday (22 August) showed it’s back to seeing mainly the latter.
Fashion
All Ted Baker UK stores to shut this week - report
A few weeks ago it was a "might happen" and now it looks certain with a report that all Ted Baker shops in the UK will shut for good by midweek.
Fashion
China's spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group Holding missed market expectations for first-quarter revenue as the company's domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy.
Fashion
China e-commerce group JD.com beats profit forecasts in second quarter
Chinese e-commerce group JD.com on Thursday reported forecast beating second-quarter profits, helped by price cuts that attracted cost-conscious shoppers to its platform.
Fashion
Spanish fashion group Mango adds Hong Kong shop with rent 60% off peak
Mango has rented a 19,000-square-foot store in Hong Kong’s prime retail district Central, people familiar with the matter said, the latest in a slew of global brands returning to the shopping hub, lured by lower rent.
Fashion
UK retail sales rise after discounts and Euros lift spending
UK retail sales bounced back in July after summer discounts and the Euros football competition unleashed spending at department stores and sports shops.
Fashion
Seoul authorities find toxic substances in Shein and Temu products
Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said.
Fashion
Victoria's Secret names Rihanna exec as its new CEO, upgrades Q2 guidance
Lingerie giant Victoria’s Secret & Co (VS&Co) has named Hillary Super as its new CEO and board member, effective September 9. She succeeds Martin Waters in both roles.
Fashion
Britain to trial use of drones in deliveries, emergency services
Britain's aviation regulator has selected six projects, including one by e-commerce giant Amazon, to test the use of drones in deliveries, inspection of infrastructure and emergency services, it said on 15 August.
Fashion
Possible US seaport strike could back up goods for months, shipping experts say
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.
Fashion
UK inflation rose to 2.2% in July
British consumer price inflation rose to 2.2% after two months at the Bank of England's 2% target, official figures showed on 14 August. Economists polled by Reuters had forecast the annual CPI rate would rise to 2.3%.
Fashion