UK’s markets authority to tackle greenwashing
January 17, 2022 4:16 pmThe UK’s Competition and Markets Authority (CMA) is set to investigate the prevalence and impact of greenwashing in the fashion sector The CMA review will look... View Article
Burberry signs £300m sustainability linked loan
January 17, 2022 3:56 pmBurberry has refinanced its Revolving Credit Facility (RCF) to a £300m Sustainability Linked Loan, coordinated by Lloyds Bank. The facility is linked to the achievement of... View Article
Online sales boost revenue and profits at Matalan
January 17, 2022 3:42 pmBritish fashion and homeware retailer Matalan has reported revenues reach £777.9m thanks to online sales boost. Matalan’s sales jumped to almost £300m during the third quarter... View Article
ASOS highlights scale of contribution to UK economy
January 17, 2022 11:18 amASOS has released its first-ever economic impact report which highlights the scale of its contribution to the UK economy. The research by Oxford Economics to mark... View Article
Former Farfetch executive being considered for ASOS CEO role
January 17, 2022 8:05 amOnline fashion retailer ASOS is understood to be considering a former Farfetch executive for the role of chief executive. According to Sky News, Andrew Robb is... View Article
Yoox-Net-A-Porter appoints Natalie Lee as APAC general manager
January 17, 2022 6:39 amYoox-Net-A-Porter has appointed Natalie Lee as general manager for its APAC region. Lee has joined the business from Vestiaire Collective where she was vice president for... View Article
Selfridges to sell ‘over the counter’ NFTs
January 14, 2022 2:44 pmDepartment store Selfridges is set to step into the metaverse as it announces it has will be selling NFTs (non-fungible tokens) in its physical stores. The... View Article
Next cuts sick pay for unvaccinated workers who have to self-isolate
January 14, 2022 2:35 pmHigh street retailer Next has confirmed it has cut sick pay for unvaccinated staff forced to self-isolate due to exposure to someone with Covid-19. The Leicestershire-headquartered... View Article
Boohoo staff handed free shares in fast fashion giant
January 14, 2022 2:29 pmOnline fast fashion giant Boohoo has handed shares to almost 5,000 of its employees, including its chief executive and chief financial officer. The AIM-listed retailer has... View Article
Peter Cowgill nets £21m after selling 10 million JD shares
January 14, 2022 2:20 pmJD Sports boss Peter Cowgill has sold £21m worth of shares in the shoe seller. It is the third big sell-off by the executive chairman in... View Article
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