Fast Fashion
This coverage examines the fast fashion segment within the UK retail industry, focusing on business strategies, supply chain practices, consumer trends, and sustainability challenges. Reporting highlights brand performance, operational efficiency, regulatory scrutiny, and market dynamics — delivering insight for retail executives, brand managers, and professionals overseeing competitive positioning and ethical considerations in this sector.
-
Dec- 2024 -23 DecemberClothing & Shoes
Boohoo offloads head office for £49.5m
Boohoo has completed the sale of its London office for a total of £49.5m. Located on Great Pulteney Street, Soho, the site was sold to Global Holdings UK Limited, an independent property fund. Boohoo said the move would help to “further strengthen the company’s balance sheet”. Part of the proceeds will…
Read More » -
20 DecemberClothing & Shoes
Boohoo bans journalists from boardroom battle with Mike Ashley
Boohoo has reportedly blocked journalists from attending its boardroom showdown with Mike Ashley, following an ongoing battle over the fast-fashion company’s governance.According to The Telegraph, Boohoo told journalists that they will not be able to attend its annual general meeting today (20 December), where shareholders will vote on Frasers’ demands…
Read More » -
12 DecemberNews-In-Brief
Today’s news in brief-12/12/24
Central Group’s executive chair Tos Chirathivat admitted to overpaying in hindsight for Selfridges and other European luxury department stores as part of a £4bn deal in 2021. Chirathivat told the FT the price felt steep given rising global interest rates but noted the valuation may look more reasonable in a…
Read More » -
12 DecemberClothing & Shoes
Shein IPO could be delayed over supply chain checks
Shein’s London IPO could be set to be delayed after the FCA is taking longer than usual to give its go ahead as it takes its time to assess the fast fashion retailer’s supply chains, according to Reuters. The FCA is reportedly looking into Shein’s supply chain after receiving a…
Read More » -
3 DecemberClothing & Shoes
Charity Super.Mkt to open 12 more pop-ups next year
Second-hand clothing pop-up Charity Super.Mkt reportedly is set to open 12 more locations next year as it looks to cater to the demand in vintage fashion, according to The Guardian. Charity Super.Mkt brings together a collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear, while working closely…
Read More » -
Nov- 2024 -27 NovemberComment
Problem-solving to jewellery design: Creating a new brand from scratch
In the world of retail and jewellery, Sarah Parham, founder of Sarah Verity Jewellery, has carved out a unique space by combining problem-solving skills with bold creativity. Her journey from an advertising career to creating a jewellery brand is a testament to resilience, ingenuity, and the belief that anything is…
Read More » -
20 NovemberClothing & Shoes
Deliveroo partners with Hurr to deliver rental designer dresses
Deliveroo has announced a new partnership with resale fashion marketplace Hurr to bring rental designer dresses to customers. The new collaboration will allow Deliveroo customers to rent pre-loved high-end fashion pieces from Hurr’s selection directly through the Deliveroo app. Customers within central London will be able to browse through a…
Read More » -
18 NovemberClothing & Shoes
Shein targets early 2025 for London IPO
Shein is reportedly targeting an early 2025 launch for its listing on the London Stock Exchange, according to reports from The Times. Insiders with knowledge on the topic stated that the company was gearing up to launch an official investor roadshow during the coming weeks. As such, meetings will be…
Read More » -
Oct- 2024 -28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
Read More » -
28 OctoberPeople Moves
Mike Ashley ‘ready’ to assume CEO role at Boohoo
Mike Ashley, the founder of Frasers Group, is reportedly “all in” to take up the post of CEO at Boohoo and begin a turnaround plan, according to The Sunday Times. It comes after Frasers Group began acquiring Boohoo shares in June 2023. The group currently holds a 27% stake in…
Read More »
