Author: Scott Dylan

Trailberg brings its specialised outdoor sportswear to Manchester Arndale.The brand has signed a five-year lease for a 1,300 sq ft unit.The store was previously occupied by Cruyff, a sportswear brand.Manchester Arndale sees a steady increase in footfall.Manchester Arndale is attracting both local and international brands.Trailberg, a British men’s outdoorwear brand, is set to open its first permanent store at Manchester Arndale this summer. The opening is part of the brand’s expansion strategy, aiming to establish a strong physical presence in key UK retail locations.The new lease covers a 1,300 square foot unit that was formerly occupied by Cruyff, another sportswear…

Superdry’s restructuring plan has received overwhelming support from its creditors.A vote saw 99% of creditors support rent reductions and an equity raise.CEO Julian Dunkerton is set to contribute up to £10m through an equity raise.Shareholders are due to vote on delisting the company from the stock market.The High Court will review the restructuring plan pending shareholder approval.In a significant move towards financial stability, Superdry’s creditors have overwhelmingly approved a proposed restructuring plan. The vote, conducted on 10 June, revealed that 99% of creditors supported the plan, which aims to address key financial challenges faced by the retailer.Among the notable measures…

Alo Yoga, a prominent US athleisure brand, is increasing its footprint in London, signifying a strong commitment to UK expansion.The brand has secured a prime location in Knightsbridge, taking over the former Ted Baker store at 75 Brompton Road.Following recent developments, this site will become Alo Yoga’s third store in the UK, with an opening planned for September.Alo Yoga is broadening its presence with additional sites on Regent Street and Neal Street, featuring enhanced retail experiences.These strategic expansions are supported by increasing demand for retail space in London, according to recent property research.Alo Yoga, renowned for its yoga and activewear,…

The Conservative Party has unveiled its manifesto, highlighting key economic and social pledges ahead of the July general election.The party prioritises financial security for working people, with promises including tax cuts and strategies to invigorate the UK economy.Plans include a significant investment in apprenticeship opportunities and local high streets, aiming to create 100,000 more apprenticeships annually.A £1.1bn Green Industries Growth Accelerator is set to boost UK manufacturing, alongside £20m funding each for 105 towns to rejuvenate high streets.There are proposed reforms to business rates and skilled worker visa thresholds, impacting small businesses and the manufacturing sector.The Conservative Party has presented…

White Stuff, a British fashion and lifestyle brand, is expanding its reach in the United States this summer.Initially, the brand will be available in 18 independent stockists across seven US states.The expansion follows a successful trial in Michigan and Illinois with Showroom Code.Currently, US customers can purchase White Stuff online through its international website.White Stuff plans to use this expansion to explore the inclusion of menswear and entry into major department stores.White Stuff is broadening its presence in the United States through a strategic launch in the wholesale marketplace this summer. The well-regarded British fashion and lifestyle brand will initially…

Recent developments indicate Shein may not secure a spot in the UK’s FTSE 100 index.Shein’s business practices face scrutiny from labour rights groups and analysts.Approval for Marks & Spencer’s flagship store project is delayed due to political factors.Cécile Cabanis has joined LVMH as deputy finance director, aiming for eventual CFO succession.These updates highlight significant shifts within prominent companies in the fashion industry.Recent reports suggest that Shein might not achieve inclusion in the UK’s benchmark FTSE 100 index. According to The Times, the volume of shares offered by the Singapore-based fast-fashion entity is anticipated to fall short of the required threshold,…

The Drapers Fashion Retail Manifesto highlights critical areas needing government attention to support the £62bn UK fashion industry.Business rates reform is a top priority, with industry leaders calling for equitable rates between physical and online retailers.Brexit’s unresolved challenges continue to affect trade, pressing for new government interventions.Innovative strategies, including tax-free shopping schemes, are essential to encourage spending in the UK.A push for sustainable practices and support for a skilled workforce form part of the manifesto’s key proposals.The Drapers Fashion Retail Manifesto captures the collective voice of the industry, urging the government to address vital issues impacting the £62 billion fashion…

PrettyLittleThing has implemented a £1.99 return fee for UK customers, starting 3 June.The fee will be deducted from refunds or paid directly if using alternative couriers like Evri, Royal Mail, and Inpost.This move aligns PrettyLittleThing with other retailers like Zara, Boohoo, and New Look, which have also introduced similar charges.Online retailer Oh Polly has adjusted its returns policy to charge customers based on return frequency, potentially costing up to £8.99 per return.The introduction of these fees highlights the fashion industry’s response to the growing issue of returns management.From 3 June, PrettyLittleThing, a Boohoo Group-owned womenswear retailer, has begun implementing a…

The British Independent Retailers Association (Bira) has initiated a £1bn legal claim against Amazon, representing 35,000 UK retailers.Bira accuses Amazon of misusing retailers’ data to favour its ventures, affecting sales revenue and profits.The claim, filed under the Competition Act 1998, is the largest collective action in this context.Bira seeks compensation, alleging £1.1bn in damages, including interest, inflicted upon UK retailers.The Competition Appeal Tribunal is expected to review and potentially authorise the claim for further proceedings.On 7 June, the British Independent Retailers Association (Bira) officially filed a substantial £1bn damages claim against Amazon, acting on behalf of 35,000 independent retailers in…

N Brown Group reports a return to profit amidst declining revenue, signalling strategic wins.Profit before tax reached £5.3m, a reversal from a £71.1m loss the previous year.Revenue fell by 9.8% to £601m; product revenue showed a 10.6% decline.Despite challenging market conditions, a focus on profitable sales prompted strategic changes.CEO Steve Johnson remains optimistic about future growth and increased marketing investments.N Brown Group has reported a significant turnaround in its financial performance for the year ended 2 March, achieving a profit before tax of £5.3 million, a stark improvement from a loss of £71.1 million the year prior. This positive result…