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Karen Millen and Coast suppliers are facing further losses after Boohoo offered to buy just a fraction of stock already produced for the brands’ relaunch in October.
It was a sad moment walking past the closing Karen Millen store on the corner of Regent Street and Princes Street in central London last week.
While opportunities for women are improving across fashion retail, Drapers’ research reveals there is still much to be done to create parity with male counterparts at board level.