U.K. retail
Frasers Buys Tailor to the Royal Court
Gieves & Hawkes, the 250-year-old Saville Row staple has been acquired by Mike Ashley's Frasers Group.
Joules in Takeover Talks, Is Bidding War Next?
Meanwhile, the U.K. has a plan to help retail while M&S is set to close 67 full-line stores.
Joules Administration Threatens 1,600 Jobs
Joules appointed administrators after rescue talks fail, while Frasers is in advanced discussions to acquire…
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Bad Times for the Brits: Joules Up a Creek, M&S Surviving ‘Stormy Weather’
British fashion retailer Joules is facing a liquidity crunch as M&S cites impact of cost pressures on…
Primark Prices Staying Put for Now
The cheap and chic chain's owner told investors to brace for a $2 billion hit from an inflation and spending…
Asos Confirms ‘Tough But Necessary’ Job Cuts
The British fashion e-tailer confirmed its cost-cutting business overhaul will put some people out of a job.
ABG Owns Ted Baker. Matalan’s Fate Is Up in the Air.
Change is afoot in the UK as Ted Baker joins ABG, Matalan awaits bondholder decision, and Rishi Sunak becomes…
Frasers Buys Bankrupt Sneaker Seller as JD Sports Nabs Spanish Sports Retailer
Plus, Mango and Gilly Hicks opened new stores in the UK, where the government is reeling amid financial…
Winter Is Coming for Britain’s Biggest Garment Hub
"Almost every brand" sourcing clothing from Leicester, Boohoo chief among them, is canceling orders in a move…
Matalan Founder and Chair Steps Down to Bid for Retailer
The British fashion and home goods purveyor also named an interim CEO as the company weighs its options…
Frasers Snubbed and Joules Needs ‘Hail Mary’
Deal making overseas seems to be taking a step back as buyers and sellers assess the economic landscape.
John Lewis Skips Profits to Help Staff
"We are responding to the cost of living crisis by supporting those who need it," said Sharon White, chairman…
UK Retail: Primark Warns on Profit; Fraser Eyes Tailor to Royal Court
Primark's profit margins might take a hit next year, while British Prime Minister Liz Truss' energy freeze…
Zalando, Burberry Back UK Incubator Promoting Diversity and Inclusion in Fashion
Industry insiders are coming together to create opportunities for underrepresented groups in fashion.
Boohoo Explains New Supplier Fees
The fast-fashion giant clarified claims that it's passing on fees from a recently enacted plastic packaging…