Author: Scott Dylan

In The Style has partnered with Tesco’s F&F for a significant summer collection launch.A 22-piece collection has been introduced across 300 Tesco stores in the UK.The partnership has been in development for nine months, focusing on inclusivity.In The Style is transitioning under new ownership with Baaj Capital.The company is moving towards profitability with strategic changes and expert collaborations.In The Style has taken a significant step forward by partnering with Tesco’s F&F to launch a summer clothing collection. This move marks a pivotal moment for the brand as it seeks to expand its reach and appeal to a broader audience. The…

Ann Summers is set to launch an exclusive UK lingerie marketplace next month.The platform will feature notable brands including Calvin Klein and Curvy Kate.The launch coincides with the birthday of the former executive chair, Jacqueline Gold.Ann Summers has invested significantly in this digital venture with an omnichannel strategy.Challenges persist with online visibility due to safe search restrictions.On 16 July, Ann Summers will debut its new online marketplace dedicated to lingerie, marking a significant expansion in its digital capabilities. This platform, knickerbox.com, will incorporate a selection of fifteen brands such as Calvin Klein, Lemonade Dolls, Curvy Kate, and Nudea. Ann Summers…

Marks & Spencer (M&S) partners with Sojo to introduce a new repair service, enhancing circular fashion efforts.From August, M&S customers can access repair services online, including zip replacements and knitwear mending.Repairs are performed by Sojo with a turnaround time of seven to ten days, starting at £5.This initiative is part of M&S’s broader strategy to reduce textile waste and achieve net zero emissions by 2040.The collaboration forms a key component of M&S’s ‘another life’ initiative, consolidating circularity services.From August, M&S customers will have the opportunity to utilise a new repair service facilitated by a collaboration with Sojo. This service, accessible…

The UK economy has demonstrated a more robust growth in the first quarter of 2024 than previously reported.The Office for National Statistics (ONS) revised the GDP growth rate to 0.7% from an initial estimate of 0.6%.The national economy exited a technical recession with the most rapid development observed in two years.Service sectors contributed significantly with an increase of 0.8%, while production grew by 0.6%.Conversely, the construction sector faced a decline of 0.6% during the same period.The Office for National Statistics (ONS) has updated its figures on the UK economy, indicating a revised GDP growth of 0.7% for the first quarter…

Nike, a global leader in sportswear, has adjusted its forecast due to declining sales.The company reported a 1% revenue increase for the year, yet a 2% fourth quarter sales drop.Competition from brands like On and Hoka is impacting Nike’s market performance.Nike’s shares fell by 12% following its revised financial forecast.Sponsorship at major events like the Olympic Games is a strategic focus for Nike.Nike, recognised as a dominant force in the sportswear industry, has revised its revenue forecast following a challenging financial period. Despite a 1% increase in revenue over the past year, sales in the fourth quarter experienced a 2%…

Shoe Zone, a well-known footwear retailer, has suffered a cyber attack, compromising its systems and data.The company has engaged third-party experts to investigate and respond to the breach.Both the ICO and NCSC have been informed of the incident as per regulatory requirements.Shoe Zone’s ecommerce website remains operational despite the incident.The company assures affected individuals will be informed according to regulations.The value footwear retailer, Shoe Zone, has recently experienced a cyber attack that resulted in unauthorised access to its online systems and data. This incident highlights the vulnerability of retail organisations to cyber threats and data breaches.In response to the breach,…

Mackintosh, the renowned Scottish outerwear brand, has announced the closure of its manufacturing facility in Nelson, Lancashire.The decision comes in the wake of Brexit, which has introduced challenging conditions for UK-based manufacturing businesses.Increased regulatory and logistical hurdles, coupled with rising costs, have significantly impacted operations.Production will be relocated to the company’s European suppliers, while the Coatbridge facility in Scotland remains operational.Mackintosh is committed to supporting its 60 affected employees through severance, career counselling, and job placement assistance.Mackintosh, a well-established name in the outerwear industry, is set to shut down its manufacturing plant in Nelson, Lancashire. This decision is a direct…

Lanvin has appointed Peter Copping, formerly Balenciaga’s head of couture and VIP, as their new artistic director.Copping’s career began at Sonia Rykiel and developed at Louis Vuitton under Marc Jacobs.In 2021, he revitalised Balenciaga’s couture, marking its first such collection in 53 years.Copping will now oversee Lanvin’s collections, including womenswear, menswear, and accessories.Lanvin Group CEO, Eric Chan, expresses confidence in Copping’s ability to innovate and drive success.Lanvin has made a significant appointment by selecting Peter Copping as their new artistic director. With his role commencing in September, Copping transitions from Balenciaga, where he brought back the couture collection in 2021,…

Champion opens a new permanent store at Selfridges, showcasing exclusive merchandise.The collection includes unique items only available at Selfridges, inspired by Champion’s archives.Limited edition Made in Japan and Made in the USA collections feature classic apparel.Collaboration with artist CurrieGOAT offers personalised artwork patches for products.Authentic Brands Group acquired Champion’s intellectual property in a $1.2bn deal.The renowned US sportswear brand Champion has opened a permanent concession at Selfridges in London. This new store, launched on 27 June, is a part of Selfridges’ summer sport celebration and presents a distinctive selection of Champion’s elevated products. A noteworthy feature of this concession is…

The latest NIQ data highlights a shift in the competitive landscape of discount retailers, with Lidl outperforming Aldi.Lidl’s sales have increased by 8% over a 12-week period, while Aldi experienced a 1% decline in revenue.Aldi faces challenging comparisons to its past record-breaking growth from the previous year.Despite both retailers attracting new customers, the average spending per visit has decreased.Market share dynamics show Lidl on the rise, while Aldi’s share is experiencing a slight decline.The latest data from NIQ illustrates a significant change in the fortunes of discount retailers, as Lidl’s sales increased by 8% over a 12-week period, ending on…