Analysis
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Sep- 2022 -28 September
Will Patagonia spark an eco revolution?
Becoming net zero and sustainable are some of the top priorities for global companies today, with many promising to reduce their carbon footprint or offset it by planting trees. But there comes a point where promises and offsetting isn’t enough. And Patagonia has done exactly that. The Chouinard family, former…
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27 September
Could Selfridges succeed where others have failed?
UK high streets have been on the decline for many years now, having lost 83% of all department stores nationwide in the past five years alone. Unsurprisingly, the departure of these businesses has left gaps in trade within high streets. It was reported that 50 shops a day closed their…
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26 September
Made.com for sale: what went wrong?
Made.com has officially put itself up for sale amid fears the business will be unable to raise fresh equity due to plummeting consumer confidence in the UK and supply chain disruptions. The online furniture retailer revealed plans to implement additional cost reductions, such a strategic headcount review, which is set…
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21 September
Inflation, fast fashion and how to keep shoppers in a recession
According to the Office for National Statistics (ONS), inflation is back in the single digits in August after it rose to worrying heights in July. However, despite its fluctuations, inflation has remained at record-breaking levels, damaging profits for affordable fashion retailers among others in different sectors. According to Fashion Network,…
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14 September
Is the rise in distressed M&As set to continue?
The number of merger and acquisition (M&A) deals targeting UK retailers has increased in the last year, up from 28 transactions to 34 in the last 12 months, as deals in the sector “buck the overall slowdown in M&A”, according to RPC, the international law firm. However, the UK has…
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13 September
Retailers’ demands of the new PM
Liz Truss is fresh in her new role as prime minister with enough enthusiasm to tweet, “it’s time to deliver for the people of the United Kingdom”, but while the new Tory leader was yet to be decided, business owners were left with fears that their upcoming winter troubles would…
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6 September
The other benefit of disposing of ‘best before’ dates on produce
There has been a race among major UK supermarkets to see which can hit their sustainability targets the quickest. Most recently, their sights have been set on scrapping the ‘best before’ dates on fresh produce in order to allow customers to choose for themselves when they think the produce is…
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Aug- 2022 -30 August
Why the fashion industry is edging into beauty
Fashion brands have always been intertwined with the beauty industry as they historically benefitted from the same demographic of female consumers. Luxury fashion brands such as Valentino, Giorgio Armani and Saint Laurent have been selling cosmetics since the 60s and 70s, with most finding a niche in producing luxury scents…
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23 August
Do staff cuts really help in a recession?
The European fashion retailer, Zalando, has predicted a return to growth of up to 3% in H2 despite a 58% profit drop during Q2, which reportedly brought the company’s operating profit down to £64.7m from £153.3m in the same period last year. In light of these results, and in spite…
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16 August
Staff satisfaction should be top of Amazon’s agenda
Amazon has been making plenty of headlines recently, with news of its recent Q2 financial results depicting a net loss of £1.6bn in spite of a 7% increase in sales. However, out of all the Amazon-related news circulating, its current battle with unions and the company’s refusal to offer staff…
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