The war of words between Sports Direct and Debenhams heated up on Monday as Sports Direct delivered a thumping criticism Debenhams' board at 7am, later coming back with a shock announcement that it could make a full bid.
Neiman Marcus Group Ltd said on Monday it had reached an agreement with a majority of its lenders to extend the maturities of its debt by three years to help the luxury retailer turn around its business.
At the Economist Sustainability Summit, a trio of fashion execs with a focus on sustainability showed just how much the fashion sector is committed to reducing its footprint and working for 100% circularity.
The sportswear retailer reported sales and earnings for the fourth quarter which topped analysts’ estimates on Friday, and announced that it has begun the search for a replacement for CEO Jeff Rosenthal.
Another week, another likely UK fashion brand going under. Liam Gallagher's label Pretty Green is expected to appoint administrators in the week starting March 25 as the weak retail environment claims its latest victim.