Austrian sportswear retailer Blue Tomato will be debuting in the Netherlands. The 449-square-metre shop will be located at Utrecht’s city centre and will be the first step of the brand's nationwide expansion.
Matalan is to open at Belfast’s CastleCourt and will create more than 50 jobs there. And while it may not seem newsworthy given that it already has 227 UK locations, it’s the firm’s very first city centre N Irish store.
Any info about the health of the UK high-street is of interest at the moment so half-year results from Next were closely watched on Tuesday and it seems the firm "over-performed", the news driving its shares up sharply.
In the first half of 2018, Belgian-Dutch fashion company FNG Group recorded a revenue of €251.1 million. The group said that the focus on digitalization and rollout of new concepts contributed to its strong results.
A major credit insurer has cut the cover it will give for Arcadia suppliers with Euler Hermes reportedly writing to clients in the past fortnight as the fashion sector sees a wave of credit insurance cuts.
Investment and changing business conditions dented River Island profits last year, a report said on Monday. While the results aren’t due until later this month, The Telegraph said operating profit fell by over £55m.
French Connection said it's making progress and will be profitable again by year-end. But in H1, sales fell and it remained loss-making, despite wholesale in the UK, Europe and US firing on all cylinders.