Articles by Rachel Douglass
Boohoo shareholders deny Frasers’ board pursuit: Is the end in sight for the boardroom battle?
loading... - Business
Shareholders of Boohoo Group have voted against the appointment of Frasers Group founder Mike Ashley and its proposed director, Mike Lennon, to the fast fashion giant’s board of directors. The decision was made during a general meeting requisitioned by Frasers, which had carried out a campaign to gain representation amid declining sales at...
The Body Shop ‘back for good’ as profits reportedly rise
loading... - Business
The new owners of The Body Shop have said that the once flailing cosmetics retailer was “back for good” as it reportedly garnered a profit over its initial three months under new leadership. The company was bought out of administration in September by an investor consortium led by Mike Jatania’s Aurea Group, which has since been leading the...
N Brown receives FCA approval to go private
loading... - Business
N Brown has received watchdog approval in its pursuit of becoming a private company through a proposed acquisition by Bidco, a newly formed company owned and controlled by Joshua Alliance, a non-executive director of the British fashion group. The takeover has been given backing by the Financial Conduct Authority (FCA), allowing for proceedings...
Kering Eyewear becomes subject of Havard case study
loading... - Schools
Kering Eyewear, the optical subsidiary of the luxury fashion giant, has become a case study at the prestigious Harvard Business School, ending its 10th anniversary on a high note. The story of Kering Eyewear has been written out by members of the company’s team as well as faculty from the school, with the intention to provide both Harvard...
UK retail sales marginally rise in November as consumers hold back spending
loading... - Retail
New figures from the Office for National Statistics (ONS) have shown a marginal rise in retail sales volumes for the month of November, a slight increase that was offset by consumers waiting for discount periods in the following month. According to the data, sales were estimated to have risen by 0.2 percent, following a fall of 0.7 percent in...
The winners and losers in PETA’s end of year Fashion Awards
loading... - Fashion
Every year, the People for the Ethical Treatment of Animals (PETA) awards the brands and individuals that it believes have made the biggest impact and contribution to the welfare of animals. In doing so, the organisation intends to inspire more progress throughout the industry, encouraging more of what it dubs “cruelty-free fashion”. Since 2023,...
Karen Millen signs jewellery licensing agreement with Simon Harrison
loading... - Business
Boohoo-owned Karen Millen has secured a new jewellery licensing agreement with Simon Harrison, an established designing, manufacturing and licensing firm. The news coincides with the launch of the brand’s new spring/summer 2025 collection, which will be stocked by Debenhams, Next and Karen Millen, itself. Each piece in the collection has been...
YMC co-founder reacquires brand from French Connection
loading... - Business
The co-founder of YMC–also known as You Must Create–has acquired a majority share in the British fashion brand from French Connection, reinstating his position as the main shareholder. Jimmy Collins, who also serves as YMC’s chief executive officer, founded the brand in 1995 alongside the late Fraser Moss, and established it as a unisex apparel...
John Lewis receives Royal Warrant from the King
loading... - Business
British department store giant John Lewis has been granted a Royal Warrant of Appointment as a supplier of household goods and furnishings to His Majesty King Charles III. In a release announcing the news, executive director, Peter Ruis, said it was a “proud moment” for the company. His statement continued: “For 160 years, we’ve been focused on...
Debenhams promotes Patrick Duggan to creative director
loading... - People
Boohoo-owned Debenhams has promoted its head of creative to the role of creative director. Patrick Duggans takes on the leading role after being with Boohoo for four and half years, having initially joined in July 2020 as creative manager for Coast and Karen Millen. Duggans went on to become head of creative at Debenhams in October 2021, a role...