Karen Millen
This coverage examines Karen Millen’s performance, strategy, and presence within the UK retail market. Reporting highlights store operations, e-commerce initiatives, brand positioning, marketing campaigns, and executive decisions shaping its trajectory. Crafted for retail professionals overseeing buying, merchandising, brand management, and operations, the content offers insights into how Karen Millen navigates the competitive fashion and lifestyle sector.
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Nov- 2024 -14 NovemberClothing & Shoes
Boohoo raises £39m through fundraiser as half-year losses triple
Boohoo has raised £39.3m through a “significantly oversubscribed” fundraising launch with shareholders after its losses tripled in its half-year results. In the half-year ended 31 August 2024, adjusted pre-tax losses widened to £27.4m, up from a loss of £9.1m the prior year. Revenues also fell by 15% from £729.1m to £619.8m.…
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11 NovemberClothing & Shoes
Boohoo excludes Frasers from shareholder meetings amid ongoing row
Boohoo is reportedly set to meet its shareholders this week, but is excluding a meeting with majority shareholder Frasers Group amid an ongoing row between the two companies over its governance.According to The Times, newly-appointed CEO of Boohoo, Dan Finley, is understood to be meeting some of the company’s biggest…
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8 NovemberClothing & Shoes
Boohoo accuses Frasers of ‘commercial self-interest’ as row continues
Boohoo has raised “concerns” over Frasers’ behaviour in a new open letter to the Mike Ashley-owned company, as a row over Frasers’ own involvement in Boohoo continues, with the retailer now accusing Frasers of “commercial self-interest”. Its latest response comes as Frasers sought stronger involvement in Boohoo’s strategic review, with…
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Sep- 2024 -30 SeptemberNews
Today’s news in brief-30/9/24
Boohoo is reportedly considering a break-up of its business, following pressure from shareholders to revive the company’s declining fortunes. Boohoo’s share price has dropped by over 85% in the last five years, and the company has faced widening losses. The board is said to be contemplating spinning off its core…
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30 SeptemberClothing & Shoes
Boohoo considers break-up of business
Boohoo bosses are reportedly mulling a break-up of the company after shareholders have pressured the group to revive the business. According to The Times, a number of shareholders at the online retailer are understood to have urged the board to break up the group and spin off its core brands…
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Aug- 2024 -29 AugustNews
Strathberry appoints new MD as it targets £100m revenue
Edinburgh-based luxury brand Strathberry has appointed Martin Byrne as managing director as the brand targets £100m revenue in a continued expansion. Byrne, who brings a wealth of experience from leading roles in high-end consumer brands, will join the company in November, working closely with founders Guy and Leeanne Hundleby to…
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May- 2024 -8 MayClothing & Shoes
Boohoo losses hit £160m amid sales slump
Boohoo losses have widened to £159.9m in its full-year results, up from a previous loss of £90.7m, as revenues fell amid a challenging market backdrop over the period.In the year ended 29 February 2024, revenues fell by 17% to £1.46bn, down from £1.77bn the prior year. As well as difficult…
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Jan- 2023 -11 JanuaryClothing & Shoes
Boohoo to axe roles at London office
Boohoo Group is set to make a series of job cuts across its London office, and is reportedly consulting on more than 100 redundancies. According to the Times, the majority of roles under threat are in its e-commerce, buying and design departments. A consultation reportedly launched last week, though a…
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Aug- 2022 -17 AugustHigh Street
Boohoo makes strategic investment into Revolution Beauty
Boohoo has announced that it has recently made a strategic investment into Revolution Beauty Group plc amounting to a direct interest of 7.1% of Revolution Beauty’s issued share capital. The investment builds upon the existing relationship between Boohoo and Revolution Beauty, under which Revolution Beauty products are sold through several…
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Jul- 2021 -7 JulyClothing & Shoes
Boohoo owned Karen Millen secures new fashion director
Online retail group Boohoo, has appointed Lizzie Dawson as the latest fashion director for Karen Millen, Coast, Oasis and Warehouse. Prior to her move to Boohoo, Dawson worked at Topshop and Topman between November 2020 and February 2021 as a creative consultant. The group previously acquired the online businesses of…
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