Consumer confidence has been at its highest since the late 1990s in June, as renewed optimism in both personal finances and the general economy paved the way for an increase in retail spend.
The number of corporate insolvencies in the Irish retail sector rose by 52% in the three months to the end of June, according to a new survey.
H&M Group is planning to launch a new fascia in 2017.
H&M will open a 1,100 sq ft pop-up in the Old Truman Brewery in London on July 23 to showcase its Divided womenswear collection.
Claudia Sträter, the Dutch womenswear brand previously stocked by retailers including Harrods, Selfridges and John Lewis, is relaunching in the UK and Ireland after a six-year hiatus.
German etailer Zalando has poached Asos.com’s menswear buying manager David Clark.
Cornish lingerie retailer Mish is in final talks to agree a deal to open its first high street store in Wadebridge.
The consultancy that sold the intellectual property assets belonging to young fashion chains Internaçionale and Bank has launched a specialist IP brokerage to meet growing demand.
Liberty plans to break into international markets by selling its own label through department stores in the US and Italy, ahead of a planned float on the London Stock Exchange in 2018.
Online tailoring business A Suit That Fits will this week launch a £500,000 crowd-funding campaign to allow it to create the “UK’s largest network of suit fitters.”
Danish womenswear brand Masai is planning to expand its wholesale and retail business following its sale to private equity group Silverfleet Capital for an undisclosed amount last week.
Amazon.com is to launch its small business loan programme, Amazon Lending, in the UK, Canada, China, France, Germany, India, Italy and Spain tomorrow (June 30).
Drapers chats to bespoke tailor Timothy Everest about the essence of British tailoring. Read the full Drapers Interview, in which Everest discusses his plans to grow his ready-to-wear collection Every Day Tailoring, in our July 18 issue.
Industry experts have warned that the full impact of multichannel returns is only just starting to be felt, as retailers struggle to reconcile in-store and online returns.
Fashion retailers have kicked off their summer Sales earlier than usual following a tough season in which milder temperatures hit demand for warm weather clothing.
JD Sports Fashion is planning to expand internationally and in more regional UK cities as the opening of its Oxford Street megastore draws near.
Applications for retail start-up accelerator programme TrueStart Collection have opened for the autumn 2015 season, offering a six-month mentoring scheme and either £25,000 or £50,000 equity funding options.
Manufacturing showcase Best of Britannia has revealed plans to grow its transactional website by the end of the year following its move to a twice-yearly format.
Luxury lingerie brand La Perla has announced that supermodel Naomi Campbell will be the face of its autumn 15 campaign.
The UK arm of French mail order company La Redoute has promoted its chief operating officer Richard Burke to the role of chief executive, taking over from Saida Gallouj, who is now head of Laredoute.com.
Former BBC and ITV director of strategy Carolyn Fairbairn has been appointed director general of the Confederation of British Industry, replacing John Cridland who will leave in November.
Mulberry founder Roger Saul is to add another six shops to his designer outlet centre Kilver Court in Shepton Mallet, Somerset, later this year.
Cardiff-based young fashion retailer Pavilion Clothing is to close its doors at the end of July after 29 years of trading.
German fashion wholesaler and retailer Betty Barclay is launching a new brand called Betty & Co for spring 16.
Lipsy has settled a counterfeit case with etailer WantThatDress.co.uk, accepting a five-figure sum as compensation.
British shirtmaker TM Lewin is reportedly in talks with a US private equity firm to back a £100m management buyout of the business.
New York-headquartered headhunter firm CTPartners will file for bankruptcy tomorrow (June 30) after it was rocked by allegations of sexual discrimination.
Chairman of Pentland Brands Andy Rubin has said the business will continue to invest in order to protect itself from uncertain external factors, as group operating profit jumped by 30% to £160m for the year to December 2014.
Bespoke tailoring business Cheshire Bespoke and London menswear store Lutwyche will fall into insolvency next week after one of its largest customers Marks & Spencer “significantly reduced” its orders.
Retailers have urged the chancellor to put an end to stifling business rates and eschew calls for the living wage in next month’s emergency budget.