New Look’s refinancing, aimed at reducing its long-term debt by 80%, will put the retailer “on the front foot” in tackling its turnaround strategy, executive chairman Alistair McGeorge has told Drapers....
Modest fashion etailer Modanisa is planning to open an office in London after it sold a minority stake to investment banks Goldman Sachs and Wamda Capital for an undisclosed amount....
Canadian activewear retailer Lululemon has upped its revenue forecasts for the last quarter of its financial year following online sales growth and demand in China....
Group revenue at Boohoo Group rocketed by 44% across all regions in the four months to 31 December....
Marks & Spencer has revealed the next 17 shops proposed for closure across the UK as part of plans to reshape its store estate, impacting more than 1,000 members of staff....
Fashion sales at John Lewis for the week to 12 January jumped 4.9% compared with 2018, driven by customers shopping the Sale and starting to buy into spring ranges....