Browsing: Retail

Luxury giant Salvatore Ferragamo faces a steep 41% drop in operating profit in 2024.Revenue plummets due to a 23.1% decrease…

John Lewis is set to undergo significant changes in its buying and merchandising teams as part of its transformation programme…

Total UK footfall declined by 3.3% in July, influenced by election uncertainties.High street footfall fell by 2.7% year on year,…

Amazon’s revenue increased by 10% to $148bn year on year in Q2 2024.The rise in revenue is fuelled primarily by…

Peter Ruis, executive director at the John Lewis Partnership, is set to join the speaker line-up at the Drapers Inner…

The Bank of England has reduced interest rates from 5.25% to 5%, marking the first cut since March 2020.The decision…

Len Goodman, the founder of London Lane Shoes, has passed away at the age of 93, leaving behind a significant…

Alo Yoga, a US-based athleisure brand, launched a new flagship store today on London’s Regent Street.This new location spans 10,000…

The Fashion Revolution’s 2024 Transparency Index has been released, revealing concerning insights into the transparency of UK fashion brands.German sportswear…

Hugo Boss reports a significant downturn in financial performance amid challenging market conditions.The premium fashion brand’s operating profit fell by…