Retail

Mango strengthening UK presence with 20 new stores

Spanish fashion retailer Mango has said it is continuing to drive forward with its retail expansion plans to strengthen its presence in the UK, with the opening of more than 20 stores by the end of 2024. Mango closed 2023 with 60 stores and its brand consolidation plan in the UK is focused on expanding its retail presence in London and Scotland,...

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Fashion

Bora Aksu wins Goodwood Talent in Fashion Award

Turkish-born, London-based fashion designer Bora Aksu, known for his demi-couture romantic looks infused with nostalgia, has won this year’s Goodwood Talent in Fashion Award. The award from Goodwood Racecourse, in association with the British Fashion Council (BFC), is its fourth year and was created to recognise rising home-grown talent. Aksu, a...

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Business

Mulberry sales decline 4 percent in FY24

In a year end trading statement, Mulberry Group said, against a backdrop of challenging macroeconomic conditions and a decline in luxury consumer spending, group revenue declined 4 percent or 2.7 percent on CER versus the prior year. Commenting on the update, Thierry Andretta, Mulberry’s chief executive officer, said: "While we achieved positive...

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Business

Hugo Boss reports sales and profit growth

In the first quarter of 2024, Hugo Boss sales amounted to 1,014 million euros, an increase of 6 percent currency adjusted, with revenue improvements across both brands, all regions, and all distribution channels. In group currency, revenues expanded by 5 percent. The company said in a release that EBIT grew by 6 percent to 69 million euros,...

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