H&M remains the most popular fashion brand globally with Zara, Adidas, Asos and Nike also in the top five of brands consumers are searching for, while French luxury labels are performing strongly, new figures show.
Jalal Kamani, founding director of UK online fashion retailer Boohoo.com, has invested £100,000 in a Manchester-based fashion and footwear agency whose clients include Footasylum, New Balance and Lacoste.
Shares in UK online Fashion retail giants remain depressed after falling late last week on the back of a US Supreme Court ruling that ended the restriction on states collecting sales tax from webstores.
The pioneer of fast fashion isn't looking so fast anymore. Inditex , the world's largest clothing retailer and owner of the Zara chain, faces growing competition from younger, online-only players like Boohoo.
If further proof were needed that e-tail is the way forward for mass-market fashion, Boohoo.com's Q1 trading update onTuesday provided it. Total group revenue surged by 53% and PrettyLittleThing in particular excelled.