A round up of the best fashion business stories from the weekend’s newspapers.
Marks & Spencer
Marks & Spencer has reclaimed its position as the UK’s biggest clothing retailer, as revealed by the latest TNS FashionTrak data, reports The Independent. In terms of sales volumes, M&S grew its share from 0.1% to 13.1% for the 12 weeks to January 31. Primark was in second place with 10.8%, followed by George at 9.5% and Tesco which took an 8.1% share.
The Sunday Telegraph reported that Mary Portas is to launch a new TV series this autumn, in which she will investigate why British fashion fails to properly recognise women in their forties, fifties and beyond.
Cath Kidson, the fashion -to-furnishings company, is in talks with an American private equity firm that could value the retail empire at £100m, according to The Times.