Articles by Rachel Douglass
Next to face HMRC investigation following payroll issues
18 hours ago - Business
Next is set to face an investigation by the UK’s tax authority after the introduction of a new payroll system saw thousands of its employees receive incorrect salary payments. HM Revenue & Customs (HMRC) will be looking into whether Next had paid some of its staff less than the UK’s minimum wage, according to The Sunday Times, which had...
Kohl’s partners with Buffalo David Bitton to expand premium denim offer
18 hours ago - Retail
Department store chain Kohl’s has established a new partnership with Buffalo David Bitton, building on its efforts to bring more premium denim offerings to its stores. Pieces by the Iconix-owned brand will be available throughout January 2023 in 600 stores and through the retailer’s online e-commerce site. The new addition comes as part of Kohl’...
Richemont requests shareholders to vote against activist investor board candidate
19 hours ago - Business
Luxury group Richemont has requested for its shareholders to vote against a candidate backed by its activist investor Bluebell Capital Partners. The request comes ahead of the group’s annual general meeting, set to be held on September 7. Bluebell said it is hoping to gain a board seat for Francesco Trapani, the former head of Bulgari and the...
UK Sustainable Fashion Week to host first show in Bristol
19 hours ago - Fashion
The UK’s first Sustainable Fashion Week (SFW) is set to debut September 16 in Bristol with a number of panel discussions, shows and eco-conscious activations to be a part of the schedule. As part of the event, a runway show on September 21, hosted in the city’s The Mount Without venue, will see the merging of the week’s overarching themes;...
Ulta Beauty set to invest 20 million dollars in tech start-ups through new investment fund
20 hours ago - Business
Beauty retailer Ulta Beauty has announced the launch of its digital innovation fund Prisma Ventures, through which it is planning to invest 20 million dollars into emerging technology start-ups that focus on developing online and in-store experiences. The fund aims to help accelerate those selected via long-term, strategic partnerships and...
Loro Piana strengthens partnership with Juventus
21 hours ago - Business
Loro Piana has announced it will be continuing its partnership with Juventus Football Club for the upcoming 2022 to 2023 football season. The fashion house will be designing the official uniforms for the women’s team for the first time, as well as debuting formal suits for the men’s team. During the Union of European Football Associations (UEFA)...
5 Footwear trends spotted at JATC Manchester
Aug 5, 2022 - Fairs
A total of 150 brands exhibited at the second edition of trade show Just Around the Corner’s (JATC) Manchester-based event, which ran from August 2 to 3. Its layout saw exhibitors placed in zones dedicated to their particular industry sector, including a new addition, The Edit, which focused on womenswear brands with a more premium price point....
Former Tesco exec joins Burberry board
Aug 5, 2022 - Report
Burberry has announced that Alan Stewart has been appointed to its board as a non-executive director and member of the Audit and Nomination committee, effective from September 1. It comes as Matthew Key is set to retire from his position on the board as a non-exec director after nine years with the company. Stewart will be succeeding Key the...
Balenciaga strikes deal with Reliance Brands to bring brand to India
Aug 5, 2022 - Business
Luxury brand Balenciaga has signed a strategic deal with Reliance Brands Limited (RBL), which will see the couture label enter the Indian market. The long-term franchise agreement will make RBL Balenciaga’s exclusive partner in the region and marks the branding agency’s second deal with a Kering-owned label. It previously struck a similar...
Japan’s GU to open first US store
Aug 5, 2022 - Retail
Japanese retailer GU has announced it will be opening its first store in the US, set to launch autumn 2022. The pop-up store will be located in Soho, New York, and will mark the brand’s first Western launch outside of Asia, coming as part of its further business expansion. Featured in the store will be a lineup of “on-trend” clothing and...