Lifestyle
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Debenhams Group results show EBITDA up, GMV down, explores sale of underperforming PLT
Debenhams Group (which used to be Boohoo Group) issued its annual results for the year to the end of February on Tuesday afternoon and also said it's considering the sale of PrettyLittleThing.
Fashion

Burel Factory launches flip flops made from wool and rubber waste
Burel Factory introduces flip flops crafted in Serra da Estrela using recycled waste from its 100% wool burel and natural latex rubber—merging circular design with comfort and sustainability.
Fashion

Zero taxes and luxury galore: Dubai attracts millionaires
Dubai is attracting a record number of millionaires, thanks to tax-free living, political stability, and luxury perks—transforming it into the world’s top destination for ultra-wealthy expats.
Fashion

UK retailers say budget tax hikes risk hitting living standards
Britain's biggest retailers have written to finance minister Rachel Reeves to say that further tax increases in her upcoming budget could undermine the government’s manifesto pledge to improve living standards.
Fashion

Walmart hikes annual forecast as low price focus draws shoppers
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs.
Fashion

Cyberattack fears hit UK consumers' e-shopping sentiment
After some well-publicised cyberattacks on retailers, there’s a shift in online shopping behaviour happening, particularly among younger consumers in the UK.
Fashion

Is anybody fighting back in this trade war?
This White House-engineered upheaval, which pushed tariffs to levels unseen since the Smoot-Hawley law of 1930, will be costly — even if the full price isn't immediately apparent.
Fashion

Nearly 150 people report crimes by ex-Harrods boss to UK police
At least 146 people have been in touch with UK police alleging crimes by former Harrods owner Mohamed Al-Fayed since authorities opened a new probe last year, the Metropolitan Police confirmed on Wednesday.
Luxury

UK fashion, beauty strong in July but gains fail to stem rising store closures, job losses
Positive news first. Total UK retail sales increased by 2.5% in July (06 July-2 August), against growth of just 0.5% seen in July 2024. That’s according to the monthly KPMG/BRC Sales Monitor.
Fashion

Barclay family to lose control of Very Group to Carlyle - report
Ownership of fashion/lifestyle e-tail giant Very Group is expected to transfer to its biggest lender — US investment giant Carlyle Group. Current owner, the Barclay family, is preparing to cede control of the firm.
Fashion

Britain's M&S restores click and collect services 15 weeks after UK systems hacked
British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a 15-week hiatus following a cyber hack and data theft.
Fashion

UK shopper spend in EU "soaring" due to tax-free shopping says retail body
A renewed call to reinstate tourist tax-free (that is, VAT-free) shopping in the UK comes after data shows domestic shoppers are “deserting” UK stores and “flocking” to the EU to take advantage of… tax-free shopping.
Fashion

Shopify forecasts third-quarter revenue above estimates
Shopify forecast third-quarter revenue above market estimates on Wednesday, as its AI features and platform upgrades boosted demand for its e-commerce services despite tariff-related uncertainty.
Fashion

Zalando's Q2 GMV and revenue rise, e-tailer ups guidance after About You buy
German online fashion e-tailer Zalando saw its gross merchandise volumes (GMV) rising in Q2, it said on Tuesday, when it also raised its full-year guidance to include newly acquired About You.
Fashion

Katjes acquires majority stake in luxury apparel manufacturer Bogner
A contract has been signed for the purchase of 60% of the shares in the Bogner Group, Katjes International announced in Emmerich. The purchase price was not disclosed.
Luxury

Next powers ahead as UK and international ops boom in heatwave
UK fashion retail giant Next issued a Q2 trading update on Thursday and showed that its seemingly unstoppable progress is continuing. In the 13 weeks to 26 July, Next full-price sales rose 10.5% year on year.
Fashion
