Green pays himself £1.2bn dividend
Retail billionaire and owner of Arcadia, Philip Green has paid himself a £1.2 billion dividend, which is more than three times Arcadia’s annual operating profits, …
Leggings drive legwear sales
Footless tights and leggings are all the rage this season, causing sales of legwear to surge. Typically, this segment has remained flat over the past …
H&M to launch new retail formula
Swedish fashion chain Hennes & Mauritz is going to launch a new retail formula for men and women next year. The new chain, which will …
Melanie Griffith sued for Golden Globe outfit
Actress Melanie Griffith is being sued by a designer for allegedly refusing to pay nearly £14,920 for clothes worn to the Golden Globes 2006. Niklas …
Le Tigre to launch in UK
American sportswear brand Le Tigre will launch in the UK and Republic of Ireland for Spring 2007. The label, which is best known for its …
Chloé appoints accessories consultant
Fashion house Chloé has appointed Emma Hill to be its new accessories consultant. It may not be the announcement the fashion industry has been waiting …
Bestseller to dress Danish Olympic team
Danish fashion company Bestseller is to dress Danish Olympic athletes during the 2008 Summer Olympics in Beijing. The company has formed an alliance with Team …
Trading up for leading Japanese retailers
Two leading Japanese retailers have reported strong earnings for the year and predict continued growth for 2006. Seven & I and Daiei cited strong consumer …
Hobbs to introduce new lines
Fashion chain Hobbs has announced that it plans to expand its current offering of women’s wear to two more lines. The privately-owned retailer – which …
Asda.com sees Chrismas potential
Christmas is typically the most profitable time of year for retailers and this year deems to be no exception. Online retailers especially will benefit, with …