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Fashion

Mike Ashley's Frasers Group tightens grip on Boohoo as crunch vote nears
By City AM
Frasers Group has upped its stake in Boohoo once again as the Mike Ashley-led retailer continues its public battle with the fast-fashion giant
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Assos of Switzerland launches legal action against online fashion retailer Asos
By City AM
The fast-fashion giant has been accused of breaching a contract by the premium cyclewear brand, which has a 'equipment not clothing' slogan for its website
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Burberry braced for Moncler acquisition as staff instructed to remain silent
By City AM
Rumours began to circulate last week that the listed brand was set for a takeover by the skiwear maker, but both firms declined to comment on the news
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Frasers Group issues stern warning to Boohoo, demands shareholder approval for any asset disposals
By City AM
Frasers Group has issued a warning to the board of fast fashion retailer Boohoo over the company's break up plans, following the retailer's decision to block the appointment of Mike Ashley as chief executive
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New fashion retailer House of Tweed to launch in Birmingham's New Street following Body Shop closure
Birmingham New Street Station
The unit, situated in between Watches of Switzerland and Blue Banana, has remained empty for the past six month
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Asos reports revenue decline but sets stage for future growth with completed restructuring
By City AM
The online fashion giant said its long restructuring had been completed, with the "foundations of more agile and profitable business now in place"
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Bristol lash and beauty brand to open 'immersive experience' store
Retail
House of Amor sells DIY lash extension kits called QuickLashes as well as nail products and cosmetics
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Burberry shares soar on rumours of luxury takeover - but British fashion house stays quiet
By City AM
Burberry shares jumped on Monday morning amid mounting speculation that the British fashion house could be a takeover target for Italian luxury outerwear brand Moncler
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Hirestreet reveals new ASOS collaboration in biggest Ƶ deal of its kind
Deals
The Newcastle fashion disrupter's latest deal comes a year after it first collaborated with the online fashion giant
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Fatface counts the cost of takeover by Next as fashion retailer enters the red
By City AM
Underlying pre-tax profits at Fatface slumped in the 35 weeks to 27 January, 2024 - a period shortened to align with that of its new owner, FTSE 100 giant Next
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Frasers Group pushes for Mike Ashley to lead Boohoo, highlighting urgent need for leadership overhaul
By City AM
Frasers Group, the retail empire owned by Mike Ashley, has called for a general meeting of Boohoo shareholders to appoint the businessman as the fast fashion brand's chief executive
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Frasers abandons takeover bid for Mulberry but pushes for appointment to board
Retail & High Street
Mike Ashley's company has urged Mulberry to provide a “credible” plan soon
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Sosandar slashes sales outlook after turning back on clothing discounts
By City AM
The women's fashion retailer reported a pre-tax loss of £0.6m in the six months to 30 September, up from a pre-tax loss of £1.3m in the six months to September 2023
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Mulberry rejects Frasers hiked takeover bid of £111m
Retail & High Street
It is the second offer to be made by the Sports Direct owner for the struggling Somerset fashion brand
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Boohoo boss John Lyttle steps down as fast fashion giant launches debt deal
Enterprise
John Lyttle, the former Primark chief operating office, joined the group in 2019
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Skechers to open first new look Ƶ store format in Cardiff
Fashion
The US footwear giant will open its new store at Newport Road in Cardiff next summer
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Mulberry's owner has 'no interest' in selling to Mike Ashley's Fraser Group
Retail & High Street
Challice, the fashion brands majority shareholder, has called on the Sports Direct owner to abandon its plans
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Shein's Ƶ sales put Boohoo in the shade - so what could the future hold for the two retailers?
By City AM
Shein's Ƶ business took in sales of more than £1.5bn in 2023, putting Boohoo in the shade
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Fashion brand Plaza Collection to create 50 jobs with new £7m HQ in Greater Manchester
Commercial Property
Firm founded in 1982 and based in Cheetham Hill has submitted plans to build offices, a showroom and warehouse in Salford
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Bottega Veneta Ƶ returns to profit despite cost-of-living crisis hitting sales
By City AM
The Ƶ arm of Italian luxury fashion house Bottega Veneta has returned to profit in 2023 despite the cost-of-living crisis cutting into its sales
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Leonardo DiCaprio-backed project aims to help fashion brands cut tonnes of pollution
Climate Agenda
Bristol-based Matter has partnered with textile manufacturer Paradise on the initiative
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Frasers Group increases stake in Mulberry days after takeover bid rejected
Retail & High Street
The Sports Direct owner has subscribed to nearly four million shares in the struggling fashion brand
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Mulberry rejects £83m takeover bid from Mike Ashley's Frasers Group
Retail & High Street
The fashion brand has said it will stick with its plans for a capital raise
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25 successful black British businesses highlighted in new book
Black Communities
The Wray Forward Powerbook celebrates the achievements of a selection of companies around the Ƶ
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