Business

Jaeger announces job cuts and store closures

A week after falling into administration, Jaeger has announced it is to cut 103 jobs and close 13 stores and concessions. The Edinburgh Woollen Mill (EWM) Group-owned fashion brand, along with EWM Group-owned discount retailer Peacocks, appointed administrators from advisory firm FRP last week following failed efforts by management to secure a...

27 Nov 2020

Business

Arcadia reportedly on brink of administration

Sir Philip Green’s Arcadia could reportedly fall into administration as early as next week, putting 13,000 jobs at risk. The group, whose portfolio includes Topshop, Burton and Dorothy Perkins, is preparing to appoint administrators from Deloitte following failed talks between Arcadia and its lenders over a 30 million pound loan, Sky News...

27 Nov 2020

Fashion

The show must go on: The changing tides of fashion weeks

The show must go on. The Spring 21 runway season was the most hybrid variety we’ve ever seen, with a mix of digital presentations, lookbooks and films that ultimately proved effective, keeping travel restrictions and social distancing in mind. Visual media not only allowed us to view runway shows remotely, but gave us access to designers’...

27 Nov 2020

Fashion

Karl Lagerfeld collaborates with Amber Valletta

Karl Lagerfeld is collaborating with supermodel, actress and activist Amber Valletta to co-develop an eco-friendly accessories collection for spring 2021. Valletta, who was a muse of Karl Lagerfeld, will introduce conscious accessory styles, including a special edition K/Kushion bag, crafted with innovative, socially sustainable materials...

27 Nov 2020

More News

Video

Video: Louis Vuitton shares holiday campaign featuring Alicia Vikander

In this video, Louis Vuitton shares its holiday campaign featuring Alicia Vikander with the message of sharing the spirit of the holiday season.Watch the video below. Video: Louis Vuitton via YouTube Photo credit: Louis Vuitton, Facebook

27 Nov 2020

Retail

Barclaycard reports drop in Black Friday spending compared to last year

Barclaycard Payments has reported a 13.6 percent decrease in the volume of payments as of 12:00 on Black Friday, compared to the same day in 2019. There has been a decrease in the overall transaction value of 7.3 percent compared to 2019 and a 30.5 percent increase in e-commerce transactions compared to last year, according to Barclaycard...

27 Nov 2020