South African clothing and homeware retailer The Foschini Group (TFG) on Thursday reported a smaller than expected rise in full-year earnings, hurt by higher expenses, sending its shares down as much as 4.8 percent.
The famous design competition has just revealed the identity of the 15 finalists in its Fashion, Accessories and Innovation categories, including labels such as Atlein, Eckhaus Latta, Facetasm, Kevin Germanier.
Shop Direct continued to make strides as the UK’s second largest online retailer in the third quarter, however regulatory costs linked to PPI claims has pushed the parent company of Very.co.uk into the red.
Sanpower, the giant Chinese conglomerate that’s selling a large chunk of its House of Fraser stake, has revealed a new industry strategy and named luxury specialist Guy Salter Chairman of its New Retail business.
H&M Group’s new fashion brand Nyden is making a strong case for celebrity collaborations, having announced three over the last week. The latest collaborator to be announced is English pop star Dua Lipa.
Aries, Nabil Nayal, and Teija are the trio of newcomers who will have a share of the £380,000 that is available in grants from this year's BFC Fashion Trust, as well tapping into a major mentoring programme.