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Birkenstock 'to be sold' to L Catterton for €4bn - report

Birkenstock 'to be sold' to L Catterton for €4bn - report

​It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
Fashion
River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

​The two major name retailers have signed deals with logistics specialist Clipper Logistics, with the details of the deals highlighting how important automation and omnichannel have become.
Fashion
N Brown chairman to leave, successor already lined up

N Brown chairman to leave, successor already lined up

Online retail group N Brown said Thursday that its chairman Matt Davies is stepping down from his post at the end of next month in order to “spend more time on his other business activities”.
Fashion
Latest lockdowns make £1.1bn dent in Primark sales

Latest lockdowns make £1.1bn dent in Primark sales

Primark will have lost around £1.1 billion worth of sales due to lockdowns and other restrictions in the 27 weeks up to the end of this month, the value retailer said on Thursday.
Fashion
Kith opens first European store in Paris

Kith opens first European store in Paris

The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant. 
Fashion
Revolve earnings soar in fourth quarter

Revolve earnings soar in fourth quarter

The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
Fashion
John Lewis fashion buying director to quit this spring

John Lewis fashion buying director to quit this spring

​John Lewis’s buying director of fashion is set to stand down after many years at the firm. But it seems the move isn't linked to the retailer’s general restructuring. Christine Kasoulis will leave to focus on her MBA. 
Fashion
Vestiaire Collective's Fanny Moizant quits SMCP board

Vestiaire Collective's Fanny Moizant quits SMCP board

Fanny Moizant has informed the board of SMCP that she’s stepping down as a director. The move comes as she needs to be “fully focused on her other activities, in particular the development of Vestiaire Collective”
Fashion
Online retailers launch new trade body to champion digital cause

Online retailers launch new trade body to champion digital cause

Increasingly under-fire e-commerce retailers are making a stand. ASOS, Boohoo, The Hut Group, Ocado, AO World and Gymshark have launched The UK Digital Business Association (UKDBA).
Fashion
H&M's Innovation Stories concept drives it deeper into sustainability

H&M's Innovation Stories concept drives it deeper into sustainability

H&M is launching a new product concept called Innovation Stories with the first of a range of collections that will drop this year debuting March 18. Each drop will celebrate "forward-thinking sustainability processes”.
Fashion
Helen Lambert talks to Godfrey Deeny on what's next in etailing and retailing

Helen Lambert talks to Godfrey Deeny on what's next in etailing and retailing

One of the great retailing experts, Helen Lambert, talks with Godfrey Deeny about what's next in e-tailing and what's up with her latest project, online wholesale platform Style Pulse, in our latest podcast.
Fashion
Clarks CEO and other execs are out, ex-Guess chief steps up for now

Clarks CEO and other execs are out, ex-Guess chief steps up for now

​Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries. 
Fashion
CFDA launches diversity-focused Impact initiative

CFDA launches diversity-focused Impact initiative

Inspired by the Black Lives Matter movement, the American fashion organization has announced the launch of Impact, a multi-layered initiative that aims to create opportunities in fashion for underrepresented communities.
Fashion
Festival Place to see H&M's first UK store with new look and feel for the brand

Festival Place to see H&M's first UK store with new look and feel for the brand

​H&M will open its first new-look store in the UK at Basingstoke’s Festival Place in early summer, with the mall saying the giant shop will “offer a very different interior look and feel to other H&M stores.
Fashion
Shoe Zone finance chief makes quick exit

Shoe Zone finance chief makes quick exit

​Value-focused footwear retailer Shoe Zone on Monday announced the unexpected departure of its finance chief.
Fashion
John Lewis could close more stores - report

John Lewis could close more stores - report

A report at the weekend suggested that John Lewis is looking at the closure of up to another eight of its remaining 42 departments stores following the closure of eight stores last year.
Fashion