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Fashion
10:28, 11 APR 2025
Shein gets green light from City watchdog to float on London Stock Exchange
By City AM
The fast-fashion retailer was reportedly poised to list in London for around $50bn last year, and last month the Chinese-founded business confirmed its plans to float
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Asos and Boohoo to press on with US warehouse closures despite Trump tariffs
By City AM
The online retailers Boohoo and Asos said they would continue with plans to close their US distribution centres and serve US customers from the º£½ÇÊÓÆµ, despite the imposition of tariffs by President Donald Trump
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'How I launched a luxury British fashion brand': Jenine Baptiste on the power of creative freedom
Fashion
Jenine Baptiste has worked for brands such as Victoria Beckham, Erdem, Doi Tung, and trained in Savile Row tailoring under Maurice Sedwell and Chittleborough & Morgan
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Lab grown leather pioneers 3DBT to ramp up commercial plans on back of five-figure investment
Fashion
The firm is seeking to revolutionise the food, fashion and healthcare markets
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LVMH-backed Stella McCartney brand sees sales slump as losses widen by £15m
By City AM
The designer's company has not made a pre-tax profit since the £9m it reported in 2017. Since then it has racked up a pre-tax loss of more than £143m.
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Shein: Fast fashion giant found two cases of child labour in 2024
By City AM
The low-cost fashion retailer has become a cult favourite for its cheap and cheerful clothes, but Shein has had a number of controversies to navigate in recent times
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Plans to demolish entire row of shops and flats in Bristol
Retail & High Street
The proposals were first submitted in November as part of a £14m regeneration scheme
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Shein profit slumps by 40% ahead of London IPO as rival battles for market share
By City AM
Singapore-based Shein reported a 39 per cent drop in net profit for 2024, to $1bn, on Sunday, well below its forecast of $4.8bn. The company is due to list in London this year
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Fashion firm Barbour launches second clothing collection with TV star Alexa Chung
Fashion
Barbour has previously worked with famous names including ceramics designer Emma Bridgewater, House of Hackney and film director Sir Ridley Scott
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New Look to close all stores in Republic of Ireland in 'difficult but necessary' decision
By City AM
The high street retailer's Irish arm has entered into redundancy following years of losses at the high street chain, which will see all its stores close in the Republic of Ireland
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Quiz enters administration as 23 stores close putting 200 jobs at risk – full list of shops closing
Fashion
The move comes after the retailer said in January that it was seeking emergency funding as it was at risk of running out of cash by the end of March
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Hair salons tell Chancellor to cut VAT to save industry from 'existential crisis'
North West
Famous Liverpool group joins British Hair Consortium campaign to support sector and its apprentices
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'VAT costs are killing industry' - Exeter salon boss warns chancellor ahead of Spring Statement
The Budget
Business owners in the industry are calling on Rachel Reeves to cut VAT to 10% to save sector
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Church with five-member congregation to become respite home and community hub
North West
Moulton Methodist Church has shut its doors for good after voting to cease all services
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In The Style on brink of collapse with administration looming
By City AM
The fast-fashion firm is said to be in talks with FTS Recovery to oversee a potential administration of the company which was founded by Adam Frisby in 2013
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Shein to slash IPO valuation by $16bn as it faces new trade barriers
By City AM
The Chinese fast-fashion retailer has been at the centre of controversy over its London IPO, and now it faces new challenges from the US and the º£½ÇÊÓÆµ
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Gucci design chief Sabato de Sarno leaves as Kering targets turnaround
By City AM
Gucci's creative director, Sabato de Sarno, has left the brand after two years as Kering looks to turnaround the luxury house following a slump in sales and profits
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Jack Wills slashes jobs and closes stores as fashion brand's profits tumble
By City AM
The company's headcount reduced from 233 to 135 in the 12 months to 28 April, 2024, while it went from running 32 shops to 24
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Mulberry 'neglected to connect' with º£½ÇÊÓÆµ shoppers, says boss
Retail
Andrea Baldo said moving forward the company would focus less on China and close 12 stores across its Asian estate
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Crew Clothing to open 20 new stores across the º£½ÇÊÓÆµ in 2025 after strong Christmas sales
By City AM
The fashion retailer has revealed plans to expand further after adding 15 new stores in 2024
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Stella McCartney parts ways with LVMH after buying back fashion brand stake
By City AM
Stella McCartney has bought back LVMH's 49 per cent stake in her fashion brand, which the luxury giant has held for five years, and the designer will also step down from her role as artistic director
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Young woman opens Yorkshire prom shop after own disastrous dress experience
Fashion
Lia Brehmer and her mother Donna Gadd run two Prom Den shops, serving customers across Yorkshire
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Asos to close US warehouse and serve customers from Barnsley instead
By City AM
The online fashion retailer said it will close the US distribution centre in Georgia, USA, from late this year
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New partnership representing high streets across the º£½ÇÊÓÆµ launches
Retail & High Street
Business district improvements that make up High Streets º£½ÇÊÓÆµ include FOR Cardiff
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