British childrenswear brand Wild & Gorgeous has fallen into administration after 12 years of trading. James Stares of JWS Business Recovery Limited was appointed administrator on 2 January 2019. The company will continue sales online whilst a buyer for the business and assets of the company is being […]

British footwear retailer Clarks has announced that it plans to close its advanced robot-assisted manufacturing factory in Street, Somerset, less than two years after it opened. The decision was made after the factory, named “Morelight”, failed to hit targets, with the 49 staff employed at the facility […]

Struggling British retailer New Look has announced that its Belgium arm is filing for insolvency. The decision to stop the operations of its six Belgium stores was made by the board of directors of New Look Belgium SA (NLB) following a review of its financial and trading positions. According to the […]

Consumer spending dropped by 1 percent in December 2018, with the run-up to Christmas hitting the sector particularly hard, new data shows. Visa’s UK Consumer Spending Index, compiled by IHS Markit, revealed that overall expenditure continued to decline at the end of last year - with December’s -1.0 […]

River Island is set to close all of its stores in the Netherlands and Belgium, a spokesperson of the British retailer confirmed to Yankeemagazines. The company’s stores in the Netherlands and its store in Antwerp, Belgium, will close at the end of March 2019, though the brand will remain an online retailer […]

Lenders to Jack Wills have drafted in advisers to assess the company’s financial situation as the British retailer continues to struggle. Led by the high street bank HSBC, lenders have appointed accountancy firm EY to aid in negotiations over revisions to Jack Wills' borrowing covenants, and to examine […]

COS, one of the brands under the H&M Group, has announced its plans to enter the Icelandic market, with a store in the country’s capital, Reykjavík, set to open later this year. The announcement was made on H&M’s website, but no further details were given about the store or its launch date. The first […]

Shopping at Zara is more expensive in Brazil than in any other country, reveals the fourth edition of an annual study by Brazilian investment bank BTG Pactual. Titled “Zara Index”, the research takes the price of 12 Zara items across 44 countries, then converts local currencies to US dollars and compares […]

American fashion and lifestyle brand Free People is set to open its first true store front in the UK later this week in London. The 7,500 square foot store on Floral Street in London will open on January 18 and was chosen for its “vibrant Covent Garden” location. The opening will mark the brand’s second […]

Beauty brand Lush is set to open its first ‘Naked’ store in the UK in Manchester later this week, which will entirely void of any plastic packaging. The retailer famed for its brightly-coloured bath bombs, will be highlighting plastic packaging-free alternatives to shoppers favourite cosmetics, from […]

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