LONDON, United Kingdom — Marks & Spencer Group Plc reported the smallest decline in general-merchandise sales in more than two years, signaling that a new women’s clothing collection may be helping the U.K.’s largest clothing retailer regain shoppers.
LONDON, United Kingdom — Marks & Spencer Group Plc, Britain’s largest clothing retailer, fell for a third straight day as Sanford C. Bernstein cut the stock to underperform, adding to a recent tide of negative analyst opinion.
LONDON, United Kingdom — Marks & Spencer is hoping a high-profile ad campaign featuring some of Britain's biggest female celebrities will boost sales of its make-or-break Autumn/Winter fashion range when it debuts in September.
LONDON, United Kingdom — Marks & Spencer Group Plc, the 129- year-old British fashion retailer, is counting on shoppers like Lady Miloska Nott to reverse two years of falling profits.
LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less on its fashion goods, even as food sales increased.
LONDON, United Kingdom — Fashion media and analysts broadly welcomed Marks & Spencer's new clothing strategy and a preview of autumn/winter fashion ranges, giving the firm's boss some respite from pressure over falling sales.
LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland said its new autumn-winter fashion collection is a “step in the right direction” toward reigniting interest in the struggling fashion brand after seven quarters of sales declines.
MUMBAI, India — India is the next great frontier for global retailers, but a daunting array of permits force retailers to pay so-called "speed money" through middlemen or local partners to set up shop.
The China Edit is a weekly curation of the most important must-read fashion business news and analysis from and about the world’s largest luxury market.
Uniqlo-parent lifts forecast as Q1 profit jumps (Reuters) “Fast Retailing Co raised its annual profit forecast to a record after sales rose at home outlets of the Japanese retailer’s flagship Uniqlo casual clothing chain and price cuts and chilly autumn weather spurred a quarterly profit jump.” Marks & Spencer loses £270m stock market value (Guardian) “Almost £270m was wiped off the stock market value
What Next For Balenciaga? (Vogue UK) “CEO Isabelle Guichot has confirmed that she has ‘a shortlist’ of potential candidates to succeed creative director Nicolas Ghesquière, following yesterday’s confirmation that he would be parting ways with the brand. The designer has acted at the helm of Balenciaga for 15 years.” Ralph Lauren kicks its ‘preppy look’ Rugby label into touch (Independent)
Fashion’s New Establishment (AdWeek) “But since then, style blogs like The Man Repeller, Into the Gloss, Style Rookie and Bryanboy, aka Bryan Grey Yambao, have become assigned reading among the fashion set—and you’d be hard pressed to find them missing a single Fashion Week.” PPR Confirms It’s In Talks To Acquire Chinese Luxury Company (Bloomberg) “PPR, the French owner of Gucci, said it’s in discussions to
Hussein Chalayan: The surreal thing (Independent) “When a designer such as Hussein Chalayan bases his collection on Japan it’s safe to presume that his interpretation will be far from literal: no opulent silk obi sashes tying flat-cut voluminous garments here.” Marks and Spencer to return to France (Telegraph) “The British high street stalwart has today announced that it will be returning to the French