Swimwear News:
Arcadia’s proposals to close stores and slash rent bills as part of a “comprehensive” turnaround plan have been met with criticism from the Pensions Regulator....
Urban Outfitters will launch a fashion rental service in the US later this summer....
US fashion group VF Corporation, owner of brands including Vans, Timberland and The North Face, reported revenue was up 12% year on year to $13.85bn (£10.97bn) for the year to 30 March 2019....
Luxury womenswear etailer Mytheresa is launching menswear in January 2020....
Marks & Spencer’s chief executive and chief finance officer presented a united front on the need for continued transformation to make the retailer “special again”, as they revealed a further drop in profits in the retailer’s full-year results today....
Landlords are dragging their heels over Arcadia Group’s restructuring and are calling for a “formal and transparent” company voluntary arrangement (CVA) proposal, industry sources have told Drapers....