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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
Sabine Brunner on building momentum at MCM

Sabine Brunner on building momentum at MCM

MCM, German luxury’s most famous marque, was back in Milan this season, with a dashing presentation, a new design team and plenty of momentum. So, we spoke with its president Sabine Brunner.
Lifestyle
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
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
Next surprise trading update reveals warm weather sales boom

Next surprise trading update reveals warm weather sales boom

​Unscheduled trading updates are usually cause for alarm. But Monday saw one from Next and given that this is one of the most successful retailers in the UK, it's unsurprising that it contained good news, not bad.
Fashion
John Lewis to lose key exec as property chief steps down

John Lewis to lose key exec as property chief steps down

John Lewis Partnership’s plan to diversify into property to help turn around its dwindling retail profits has been dealt a blow. Its Property Director Chris Harris has decided to leave in November after five years.
Fashion
Adidas Originals to open a temporary Samba Café in Paris with Pharrell Williams

Adidas Originals to open a temporary Samba Café in Paris with Pharrell Williams

During Paris Men's Fashion Week, Adidas Originals is set to celebrate its iconic Samba shoe model by taking over the concept store The Broken Arm.
Luxury
PDS chief named CBE in King Charles' honours list

PDS chief named CBE in King Charles' honours list

Damian Hopkins, founder and CEO of global brand management firm PDS Radius Brands and executive director of PDS, has been named a Commander of the Order of the British Empire (CBE).
Fashion
JW Anderson: Soundcloud chic

JW Anderson: Soundcloud chic

These days JW Anderson seems almost like a cult, so great is the air of anticipation before each show, and again in Milan on Sunday, when he showed a highly directional collection inspired by furniture and furnishings.
Luxury
Lalique and Vilebrequin expand in Burlington Arcade

Lalique and Vilebrequin expand in Burlington Arcade

​One of London’s highest-end and oldest luxury shopping destinations — Burlington Arcade in Mayfair — has announced that Vilebrequin and Lalique have taken on second boutiques within the Arcade.
Fashion
Sixth Street considers bidding for Bed Bath & Beyond assets

Sixth Street considers bidding for Bed Bath & Beyond assets

Bed Bath & Beyond's lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer's assets, the Wall Street Journal reported on Thursday, citing a court hearing.
Beauty
Why Walmart's new bet on fashion brands, home decor threatens specialty chains

Why Walmart's new bet on fashion brands, home decor threatens specialty chains

Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world's biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans, too.
Fashion
THG Ingenuity in PwC link to help brands create better websites

THG Ingenuity in PwC link to help brands create better websites

THG’s commerce tech division, Ingenuity, has formed a strategic alliance with international professional services giant PwC, “to help brands design, build and run immersive customer experiences online”.
Fashion