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Next to reveal slide in sales

November 4, 2019 | News | No Comments

Next will this week unveil a fall in full-year profits of around 14pc following a drop-off in sales brought on by the credit crisis. Analysts expect the chain, which also owns the Directory catalogue business, to reveal that pre-tax profit for the year to January was £428m, down from £498.1m last year. The company, which […]

Eastpak collaborates with Rick Owens

November 4, 2019 | News | No Comments

Eastpak has announced a collaboration with Californian designer Rick Owens. The results are a hybrid of very exclusive pieces consisting of 9 bags and 2 outerwear garments that will be sold at premium retailers and Eastpak icon stores worldwide from September 2009. Created in 1976 Eastpak is the authentic brand for packs and bags famed […]

No lipstick effect in recession

November 4, 2019 | News | No Comments

Intriguing research findings have prompted women do not buy more lipstick in an economic downtown. As was reported by WGSN, Mintel’s research shows women prefer Austerity Chic – looking good for less – replacing the Lipstick Effect of previous recessions. Research conducted in the UK, the US and France showed just 3% of women in […]

M&S exec role under scrutiny

November 4, 2019 | News | No Comments

Marks and Spencer will this week see an improvement in quarterly sales overshadowed by the continuing row over the future of executive chairman Sir Stuart Rose. Sir Stuart is facing calls to share power at Britain’s largest clothing retailer a year after he saw off an investor rebellion over his elevation from chief executive to […]

London retailers optimistic

November 4, 2019 | News | No Comments

Businesses and retailers in the capital are the most optimistic they have been in 18 months about prospects for the coming half-year, though they remain cautious about future investment and divided about London’s longer-term status as a world city, a CBI / KPMG survey reveals. The poll of senior executives shows that most firms still […]

Magazines are the new skinny

November 4, 2019 | News | No Comments

The September issues of fashion magazines are by far the biggest of the year, bursting with new looks to start the season, and more importantly showcasing page after page of advertising campaigns from the worlds more desirable labels luring readers to buy into their must-have image. This year it seems high end fashion has lost […]

Bulgari on the way up

November 4, 2019 | News | No Comments

In comparison to the same period of the previous year, luxury group Bulgari recorded a turnover of 396.4 million Euro (-21.7% at current exchange rates and -28.9% at comparable exchange rates), an operating loss of 32 million Euro and a net loss of 40.5 million Euro. The directly from store own brands performed stronger than […]

Brands beware customer experience

November 4, 2019 | News | No Comments

Brands are being reminded that the customer experience and complaint resolution is still the most important factor for shoppers after new research by reveals that stock availability and staff attitudes were more important than price. 800 exit interviews were conducted in August and September 2009 outside 10 major retailers in high street and out of […]

Volcano chaos hits retail congress

November 4, 2019 | News | No Comments

Whilst Iceland’s Eyjafjallajokull volcano continues to send ash into the air, the global debate on the future of the retail industry is postponed until October. Due to the international travel chaos industry leaders from across the globe won’t be able to meet in Berlin this week for the World Retail Congress. The Congress is postponed […]

National Portrait Gallery commissions Emma Chapman

November 4, 2019 | News | No Comments

Jewellery designer Emma Chapman will design a range of jewellery to tie into the Indian Portrait exhibition at the National Portrait Gallery coming March. Known for her opulent designer gemstone jewellery, Emma Chapman takes her inspiration from her travels to the Far East and ancient Regal Eras, and then gives the designs a contemporary twist. […]