Articles by Prachi Singh
St. John appoints Humberto Leon as creative director
US luxury brand St. John, owned by Shanghai-based luxury group Lanvin Group, has appointed Humberto Leon as creative director. Leon co-founded retail concept Opening Ceremony with Carol Lim in 2002. From 2011 to 2019, the duo served as creative directors of French fashion house Kenzo, where they introduced a contemporary identity to the brand....
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Adidas UK reports 6 percent turnover growth in 2025
German sportswear brand Adidas’ British entity, UK-based Adidas (U.K.) Limited (Adidas U.K.), recorded turnover growth of 6 percent for the financial year ending December 31, 2025. Annual sales rose from 1.28 billion pounds in 2024 to 1.36 billion pounds (1.82 bilion dollars) in 2025. Growth was supported across all core distribution channels....
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Mothercare's financial outlook remains uncertain despite cash injection
Mothercare has provided an update regarding its financial outlook following a cash injection from the liquidation of its former retail subsidiary. The company was notified by the liquidators of Mothercare UK Limited, which entered administration in 2019, that a further 0.8 million pounds (1.07 million dollars) cash dividend will be paid...
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JD Sports Fashion partners with Axo for Mexican market entry
UK-based sports fashion group JD Sports Fashion (JD) has announced a long-term franchise agreement with Mexican omni-channel retail distributor Grupo Axo to launch the JD retail brand in Mexico. Under the agreement, Axo will manage JD retail locations and e-commerce platforms in Mexico, using JD intellectual property and brand assets. The...
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Asos appoints Law Roach as first stylist in residence
UK online retailer Asos has appointed Law Roach as its first stylist in residence. In the new role, the image architect will work closely with the brand to help shape its fashion point of view through styling. Roach will bring his approach to styling and cultural storytelling to the brand by collaborating with its internal teams. Customers will...
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Iain McDonald returns as non-executive chair of Debenhams Group
UK online platform Debenhams Group has announced a series of leadership changes to its board of directors, effective immediately, as the company transitions from its operational turnaround phase toward rebuilding equity value. Iain McDonald has been reappointed to the board as non-executive chair. McDonald previously served as a board member...
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Spinnova targets acquisition of Portuguese yarn spinner Tearfil to boost commercial scale
Finnish materials technology company Spinnova has signed a non-binding letter of intent with Portuguese yarn spinning company Tearfil – Indústria Têxtil (Tearfil) and its shareholders regarding the potential acquisition of all shares in the business. The transaction aims to strengthen the position of Spinnova in the textile value chain by...
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Debenhams Group accelerates turnaround as marketplace mix hits record high
UK online fashion business Debenhams Group has reported an acceleration in growth for the first half ended August 31, 2026, driven by an expanding marketplace model and improved cost management. Gross merchandise value (GMV) pre-returns grew 1.8 percent year-over-year (YoY) to 864 million pounds (1.16 billion dollars) in the six-month period....
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Next boosts full year profit guidance as international online sales surge
UK clothing and homeware retailer Next Group has increased its full year profit before tax guidance by 12 million pounds to 1.26 billion pounds (1.69 billion dollars) following better-than-expected sales growth and operational cost savings. For the first half ending August 1, 2026, Next reported a 9 percent increase in total Group sales to 3.54...
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LuxExperience reports FY26 results with accelerated growth trajectory
Dutch-based digital luxury group LuxExperience B.V. announced its financial results for the fourth quarter and full year ending June 30, 2026. The platform achieved group net sales of 653.6 million euros (750 million dollars) in the fourth quarter, representing a 7.6 percent increase excluding foreign exchange effects or 6.1 percent on a...
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