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Amazon duped millions of consumers into enrolling in Prime, US FTC says

Amazon duped millions of consumers into enrolling in Prime, US FTC says

The U.S. Federal Trade Commission filed suit against Amazon.com Inc on Wednesday, accusing the retailer of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent.
Fashion
YouTube to launch its first official shopping channel in South Korea

YouTube to launch its first official shopping channel in South Korea

YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday.
Fashion
KKR to buy up to $44 billion of PayPal's buy now, pay later loans in Europe

KKR to buy up to $44 billion of PayPal's buy now, pay later loans in Europe

Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe, the companies said on Tuesday.
Fashion
Debenhams collapse left unsecured creditors with £1.3bn losses

Debenhams collapse left unsecured creditors with £1.3bn losses

It’s been a tough month for unsecured creditors of failed retail companies. But money owed by Hunter Boot (£112.8 million) and Edinburgh Woollen Mill Group (£167 million) are dwarfed by the cost of Debenhams’ failure.
Fashion
Matalan hires Retail and Supply Chain execs as its Ops Director moves on

Matalan hires Retail and Supply Chain execs as its Ops Director moves on

​Value omnichannel fashion and homewares retailer Matalan has made two key senior executive appointments with Phil Hackney joining as Chief Supply Chain Operations Officer and Katherine Davis as Chief Retail Officer. 
Fashion
Adena opens first travel boutique for Monsoon

Adena opens first travel boutique for Monsoon

​Hot on the heels of its debut in Islington, Monsoon on Wednesday opened a store in London’s Waterloo Station.
Fashion
UK inflation stays high, fashion prices still rising

UK inflation stays high, fashion prices still rising

​UK inflation is proving more stubborn than expected and despite widespread predictions of a fall in May, the latest figures from the Office for National Statistics show that hope to be wide of the mark.
Fashion
THG says trading improves, predicts profitability increase

THG says trading improves, predicts profitability increase

​E-tailer and tech specialist THG issued a trading update on Wednesday and said it’s seeing “strong profitability progression with cash generation ahead of expectations in H1 2023”.
Fashion
Dr Martens collaborates with NTS for music-inspired 'Don't Assume' shoe

Dr Martens collaborates with NTS for music-inspired 'Don't Assume' shoe

Collaborations are hugely important to Dr Martens and the footwear brand is set to launch one with global music platform and radio station NTS on Friday (22 June) “to celebrate individuality in all its forms”.
Fashion
Smiley partners with Space Runners for digital-to-physical NFT launch

Smiley partners with Space Runners for digital-to-physical NFT launch

Smiley has linked up with fashion tech platform Space Runners to launch a collection of NFTs tied to physical products. It’s Smiley’s first move into NFTs and merges tech with real merchandise.
Fashion
Louis Virginian: Pharrell debuts at Vuitton with Minecraft mode

Louis Virginian: Pharrell debuts at Vuitton with Minecraft mode

Pharrell Williams took over the center of Paris Tuesday evening for his debut runway show for Louis Vuitton, staged open air on Pont Neuf painted gold damier for one night.
Fashion
VF Corp has chosen Bracken Darrell as its new CEO

VF Corp has chosen Bracken Darrell as its new CEO

The American giant that owns Timberland, The North Face and Vans has announced this surprising appointment and reorganised its management board. Bracken Darrell has been CEO of electronics company Logitech since 2012.
Fashion
AI predicts digital future for UK high street - report

AI predicts digital future for UK high street - report

We’re hearing a lot about artificial intelligence at the moment and the stories seem to veer from the end of the world as we know it to a boon for humankind. And the latest is definitely on the gloomy side.
Fashion
H&M workers in Spain protest, call strikes to demand higher pay

H&M workers in Spain protest, call strikes to demand higher pay

Dozens of H&M shop workers on Tuesday protested outside one of the Swedish fast fashion giant's stores in central Madrid to demand higher pay and lighter workloads, forcing the store to close for a few hours.
Fashion
More big share buys for Frasers Group - this time it's Boohoo and Currys

More big share buys for Frasers Group - this time it's Boohoo and Currys

​Will Frasers Group ever stop buying business or snapping up stakes in other companies? At the moment it seems unlikely and its latest buys this week are stakes in Boohoo Group and electricals retailer Currys.
Fashion
Kurt Geiger funding deal to boost Euope, US expansion

Kurt Geiger funding deal to boost Euope, US expansion

​Kurt Geiger is to continue its international expansion after securing a new funding deal that has seen it refinancing its debt. The footwear retailer currently operates 70 standalone stores and 100+ concessions.
Fashion