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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Apr- 2020 -15 AprilComment
Will Boohoo’s bubble soon burst?
It’s fair to say that Boohoo was the success story of 2019. It achieved staggering growth and is now worth more than Marks and Spencer – an incredible achievement for a relatively nascent brand. But, as it continues its market domination, you do have to wonder when the good news…
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Feb- 2020 -11 FebruaryHigh Street
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to new analysis from KPMG. A study of notices in the London Gazette showed that a total of 1,403 companies went into administration during 2019, compared with 1,341 in the previous…
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Jan- 2020 -14 JanuaryClothing & Shoes
Boohoo reports ‘strong growth’ over Christmas
Boohoo has reported a period of “strong growth” across all its brands in the four months ended 31 December. Total group revenue grew by 44% to £473.7m across all geographical regions, while total UK revenue increased by 42% to £255.8m. The US division also saw revenue increase by 57% to…
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Dec- 2019 -19 DecemberPeople Moves
Bonmarché CEO Helen Connolly quits
Bonmarché CEO Helen Connolly has stepped down from her role, after three years in the position, according to Drapers. Connolly stepped down from the position after joining the fashion retailer in August 2016 succeeding Karen Millen and Coast CEO Beth Butterwick. Prior to Bonmarché, she held the position of director…
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6 DecemberClothing & Shoes
Boohoo founders sell off £143m of stock
Boohoo founders, Mahmud Kamani and Carol Kane, have announced the sale of 50 million shares in the fashion group, at a price of 285p with a total value of £142.5m. Following this placing, which was announced in a regulatory filing yesterday, the duo now possess just over 184 million shares…
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3 DecemberOnline & Digital
Boohoo upbeat after ‘record’ Black Friday trading
Online fashion retailer Boohoo has reported “record performance” across the Black Friday weekend. The company was “pleased to confirm” that since its half year end, trading has “remained strong” across its key brands, and both of its warehouses also had a “strong” operational performance. The group’s new brands, Karen Millen,…
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Sep- 2019 -30 SeptemberHigh Street
Former Clarks CEO launches legal battle over misconduct claims
The former CEO of shoe retailer Clarks has launched a legal battle against the company, after he was ousted last year following “conduct, conversations and expressions fell short” of company expectations. According to the Sunday Times, Mike Shearwood claims he was ousted on “trumped-up charges” of racist and sexists comments,…
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5 SeptemberOnline & Digital
Boohoo raises FY guidance after sales come in ‘ahead of expectations’
Online clothing retailer Boohoo has raised its full-year guidance after it reported sales for the first half of the year came in “ahead of expectations”. In a trading update Boohoo said that due to “strong” revenue growth driving operating leverage across its key brands it now anticipates group sales growth…
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Aug- 2019 -7 AugustOnline & Digital
Boohoo acquires Karen Millen and Coast putting 1,100 jobs at risk
Online fashion retailer Boohoo has acquired British brands Karen Millen and Coast, which were recently put up for sale by their owner Icelandic bank, Kaupthing. The group has acquired only the online business and all associated intellectual property rights from the administrators of Karen Millen Fashions Limited and Karen Millen…
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6 AugustOnline & Digital
Boohoo confirms offer for Karen Millen and Coast
Online retailer Boohoo has confirmed it has made an offer to acquire the online business of British brands Karen Millen and Coast, together with all associated intellectual property rights. The group believes that the online business of these brands would represent “highly complementary” additions to its scalable multi-brand platform and…
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