In July, the UK experienced a noticeable decline in footfall, correlating with political uncertainty.High street footfall witnessed a year-on-year fall of 2.7%, reflecting a shift in…
Browsing: Retail
Amazon’s revenue surged by 10% to $148.0bn in Q2 2024, propelled by North America.Operating income rose by 9% year on year to $14.7bn, driven primarily by…
Peter Ruis, executive director at John Lewis, to speak at Drapers Inner Circle Summit on October 16.Ruis will share his vision for John Lewis’s transformation and…
In a significant economic move, the Bank of England has reduced interest rates from 5.25% to 5%.This marks the first rate cut since the onset of…
Len Goodman, an influential figure in the footwear industry, has passed away at the age of 93.He founded London Lane Shoes in the 1960s, contributing significantly…
Alo Yoga launched its second location in the UK, opening a flagship store on London’s Regent Street as part of its continued expansion.The new store, spanning…
The 2024 Fashion Transparency Index reveals a notable absence of UK brands in the top 10, highlighting a significant gap in transparency efforts among these companies.This…
Hugo Boss, the German premium fashion brand, reports significant financial setbacks amid declining consumer demand.The company experienced a 42% drop in operating profit in the second…
Next has announced an upward revision of its profit guidance, driven by unexpected sales success in recent months.Full-price sales for Next in the past quarter have…
Adidas reports a remarkable increase in operational profits in the first half of 2024, nearly tripling compared to the previous year, with significant contributions from European…