The best of the fashion business-related headlines from the weekend newspapers….
John Lewis is to launch a “value” range next week in a bid to counter the threat of customers defecting to rivals such as Ikea and Tesco, according to The Sunday Telegraph. Initially, the range will be restricted to homewares, but basic fashion lines are due to be added next year. Ranges will be benchmarked against Tesco’s standard own-brand ranges.
The Independent on Sunday notes that Classic British clothing brand Crombie is to open concessions in a further 11 House of Fraser stores next month. The Crombie concessions will only be open during the winter months, for the time being.
Peter Scott & Co
The Scotsman reported that Borders knitwear firm Peter Scott & Co has signed a multi-million-pound deal with German department store operator Peek & Cloppenburg. P&C has paid the Hawick-based firm to put the Peter Scott name on its clothing range, covering everything from underwear to footwear. Knitwear, is a core part of the agreement and this will continue to be manufactured by Peter Scott & Co. It will also be able to market and sell clothing manufactured elsewhere to its own customers.