Author: Sam Allcock

Hugo Boss has revised its sales outlook for 2024 due to a challenging economic landscape, marking a strategic shift in response to global market conditions.Previously, Hugo Boss anticipated a sales growth of 3% to 6%, but it has now adjusted this to 1% to 4% for the fiscal year 2024.The company cites macroeconomic and geopolitical challenges as significant factors affecting global consumer demand and overall industry growth.In the second quarter, Hugo Boss reported a 1% decrease in sales, with notable regional variations including growth in the Americas but declines in EMEA and Asia/Pacific.Despite challenges, Hugo Boss remains confident in its…

Mango, a prominent Spanish fashion retailer, has reached a historic milestone with its highest ever half-year revenue, exceeding €1.5bn (£1.3bn).Driven by robust sales in France, Turkey, Germany, the US, and Spain, the company’s revenue increased by 6.3% compared to the same period last year.International markets now contribute to 78% of Mango’s overall revenue, with a strategic expansion of 57 new stores globally, including the first Mango Teen store in the UK.The menswear division led growth with a 21% increase, while the kids and teens categories rose by 11%, and womenswear, the largest revenue contributor, saw a 4% uplift.Despite slightly slower…

Burberry, the British luxury fashion giant, is undergoing significant changes amidst challenging market conditions.Joshua Schulman is stepping in as the new CEO, replacing Jonathan Akeroyd who has stepped down immediately.The company reported disappointing first-quarter results with a noticeable revenue drop.Drastic measures, including suspending dividend payments, are being implemented to address financial challenges.Gerry Murphy, Burberry’s chair, is hopeful these changes will strengthen Burberry’s competitive position.Burberry, known for its rich heritage and luxury offerings, is making pivotal adjustments as it navigates a challenging market landscape. This shift comes following the unveiling of its first-quarter results, which painted a grim picture of the…

Marks & Spencer’s creative ad campaign took social media by storm with its clever ‘Mark and Spencer’ collaboration, inspiring numerous imitation campaigns.The campaign featured reality TV personalities Mark Wright and Spencer Matthews as ambassadors for the retailer’s summer menswear, creating a ‘partnership you didn’t know you needed’.Retailers Matalan, John Lewis and Primark joined the trend, each launching their own playful versions and involving their staff creatively.The campaign represents an excellent example of reactive marketing, showing the power of humour and personality in engaging audiences.Marketing experts stress the importance of being personable and agile on social media for brands to resonate…

Capsticks’ local government team has secured a significant appointment with NEPO.The framework covers various mandatory legal services including data protection and public law.Capsticks will deliver these services over a four-year period starting from 5 June 2024.NEPO serves over 1,000 member organisations nationwide, facilitating high-value procurement.Tiffany Cloynes highlighted the efficiency and cost-effectiveness of frameworks like NEPO.Capsticks’ local government team has been appointed to the NEPO legal services framework, marking a significant milestone for the firm. This appointment includes a comprehensive range of mandatory legal services such as data protection, public law, contracts, procurement, employment and HR, property development and planning, competition…

Represent is opening its first UK store in Manchester, a city deeply ingrained in the brand’s identity.The Manchester outlet spans 5,419 sq ft on New Cathedral Street, nestled between other high-end stores.Represent’s retail journey began in Los Angeles with a successful pilot project earlier this year.Direct-to-consumer sales dominate the brand’s strategy, comprising 70% of their revenue.Manchester’s fashion scene continues to evolve, attracting significant creative and business growth.Represent, a luxury streetwear brand co-founded by brothers George and Mike Heaton, is set to launch its first UK store in Manchester this autumn. Manchester, the brand’s birthplace, holds a special place in its…

Recent research reveals UK employees lose nearly an entire day weekly due to avoidable disruptions.Over 2,000 employees were studied, uncovering ‘Productivity Killers’ impacting performance.Common interruptions include excessive meetings, unnecessary emails, and workplace distractions.These disruptions lead to extended working hours, increased stress, and decreased motivation.Businesses are urged to address these issues to enhance productivity and profitability.Recent research involving 2,000 UK employees indicates that the average full-time worker loses 7.5 hours each week due to avoidable workplace disruptions. These interruptions, termed ‘Productivity Killers’, include unnecessary meetings, unproductive emails, and various workplace distractions affecting performance.The study reveals that around 65% of employees experience…

Employee activism is on the rise, with 59% of employers anticipating further increases.The escalating cost of living highlights the need for businesses to address pay concerns.Sustainability has become crucial, impacting employee retention and attraction.Automation poses a threat to job security, necessitating a balanced approach.Equality, diversity, and discrimination remain top priorities to spur engagement.Employee activism is increasingly shaping workplace dynamics across the UK. More organisations now recognise the necessity of responding empathetically to issues that are significant to their workforce. A recent survey indicates that 59% of employers predict a rise in employee activism, driven by key concerns such as cost…

Marquee Brands has revealed new partnerships to drive forward its renowned fashion labels.G-III Apparel Group will focus on BCBG and BCBG Generation in the US and Canada.Group JS International aims to elevate BCBG Max Azria with luxury designs.The collaborations begin with the launch of the 2025 collections.These partnerships align with Marquee Brands’ vision of celebrating dynamic women.Marquee Brands has announced strategic partnerships aimed at enhancing and expanding its fashion labels, BCBG, BCBG Max Azria, and BCBG Generation. These collaborations are expected to propel the brands into new areas of growth and creativity.G-III Apparel Group will spearhead the growth and development…

The demand for England football shirts has surged as the team reaches the Euro 2024 finals, yet not all retailers are benefiting. This unprecedented moment for England football on foreign soil has catalysed a remarkable surge in merchandise sales.England’s entry into the Euro 2024 final has sparked a sharp increase in replica shirt sales, with some retailers reporting exponential growth.Despite the sales surge, a retail CEO has expressed relief at the tournament’s conclusion due to negative impacts on non-football-related sales.Supporters’ excitement is evident with a significant rise in Google searches for England shirts post-victory against the Netherlands.Merchandise sales have seen…