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Retail

Ted Baker inventory overstatement figure grows to £58m

Ted Baker inventory overstatement figure grows to £58m

In yet another blow to Ted Baker, in shock news on Wednesday, the retailer said a review has shown that its inventory overstatement wasn't the £25m it had estimated, but almost £60m.
today
Ready-to-wear
Retail
J.C. Penney to shutter 6 stores by end of April

J.C. Penney to shutter 6 stores by end of April

The American department store operator has revealed that it will be closing six locations at the start of this year as part of a “standard annual review."
today
Ready-to-wear
Retail

Is Paris’s Rue de Rivoli set to become a prime commercial destination again in 2020?

Last year, Gap, Pimkie and H&M left the Parisian mid-market commercial thoroughfare, while Parfois and Tezenis came in, ahead of JD Sports and the re-opening of the La Samaritaine shopping centre in spring 2020.
today
Ready-to-wear
Retail

Orlebar Brown links with Tryzens to boost digital sales

The British resortwear brand has unveiled a partnership with digital commerce consultancy Tryzens to accelerate the growth of its e-commerce platform.
today
Swimwear
Retail