Author: Sam Allcock

The recent closure of The Vampire’s Wife and sale of Roksanda highlight the grave challenges faced by independent British fashion designers. The collapse of Matches and Farfetch has exacerbated financial difficulties for these brands. Cashflow issues and unpaid invoices are significant hurdles.Last week, The Vampire’s Wife, an occasionwear brand, announced its closure following wholesale market upheavals, signalling turbulent times ahead.Similarly, luxury label Roksanda entered pre-pack administration, attributed to volatile market conditions and the collapse of key stockist Matches.The demise of Matches has led to a reduction in wholesale partners, impacting the cashflow and operations of smaller brands.Industry experts warn that…

Calvin Klein embarks on a new creative journey with the appointment of Veronica Leoni as its creative director.The role had been vacant since 2018, marking a significant shift for the brand.Leoni, renowned for her work with luxury fashion houses, is set to introduce an innovative vision.Her debut collection, anticipated in autumn/winter 2025, will encompass both men’s and women’s apparel.This appointment aligns with the brand’s aspiration to enhance its global resonance.The renowned brand Calvin Klein has taken a pivotal step forward by appointing Veronica Leoni, an Italian designer, as the new creative director. This role has been unoccupied since 2018, following…

Navigating the graduate job market post-university is a daunting task marked by stiff competition and multiple rejections, yet Artificial Intelligence (AI) can provide a competitive edge.AI technology can streamline the process of creating tailored CVs and cover letters, crucial for standing out to employers.Leveraging AI in job applications ensures CVs meet relevant criteria for AI scanners, increasing chances of human consideration.AI tools can aid in perfecting interview techniques, offering insights into speech patterns and providing mock interview opportunities.Following up on applications using AI-generated responses can enhance engagement with potential employers, showcasing dedication and maintaining connections.The period following university graduation is…

Human Resources departments are pivotal in embedding sustainability within workplaces, playing a vital role in environmental stewardship.HR professionals introduce policies and recruit candidates focused on eco-friendly initiatives, promoting a sustainable company culture.Sustainable practices led by HR can impact a company’s operations, from energy efficiency to corporate responsibility.Education and initiatives by HR help align employees with global sustainability movements, enhancing the company’s reputation.The integration of environmental, social, and governance principles into business strategies is driven by HR efforts.Human Resources departments are at the forefront of embedding sustainability into company cultures. By recruiting candidates who are committed to sustainability and advocating for…

Abercrombie & Fitch surpasses expectations with a significant rise in profits, prompting an optimistic revision of its annual outlook.The retailer’s operating income surged by 282%, reaching $130m (£102m) in the quarter ending 4 May.Net sales increased by 22% year on year, marking a historic high for first-quarter sales at $1bn (£780m).Sales growth was notably driven by Abercrombie & Fitch and Abercrombie Kids, with other divisions following suit.The company predicts a 10% rise in annual net sales, surpassing its previous estimates.US retailer Abercrombie & Fitch has announced a substantial increase in profits, with operating income rising by 282% to $130 million…

Ted Baker’s head office staff face an uncertain future due to potential changes.Frasers Group is nearing a deal for Ted Baker’s UK operations, excluding staff.Nearly 100 employees have endured three redundancy rounds since Teneo’s appointment.Restructuring firm Hilco is assisting in stock clearance for Ted Baker.North American store closures have heightened workforce anxieties.In the wake of ongoing negotiations, the future of Ted Baker’s head office employees remains precarious. A potential acquisition by Frasers Group looms, yet this deal does not encompass the London-based staff. This uncertainty adds to the anxiety of the employees, numbering just under 100, who have already weathered…

The transition to hybrid work is presenting new challenges for businesses.40% of UK businesses now operate under a hybrid model compared to 4.7% pre-pandemic.Pre-pandemic protocols are insufficient for current business needs.Business continuity strategies must adapt to the hybrid work model.Experts highlight the necessity of robust digital and communication infrastructures.With the rise of hybrid working, there is a significant shift in how businesses operate, with 40% of UK companies adopting this model from just 4.7% before the pandemic. This shift underlines the importance of adapting business continuity strategies to maintain seamless operations across all potential work environments.The outdated pre-pandemic protocols do…

Phase Eight, a prominent womenswear brand, has unveiled a significantly larger store in Dartford’s Bluewater, expanding by 336% compared to its former location.The new store, measuring 2,499 square feet, will offer an extensive array of products including event and ready-to-wear collections.Shoppers will also find petite, children’s, bridal, bridesmaid, and Collection 8 lines available in this new space.This expansion is part of a wider retail growth initiative that saw 13 new openings last year across the UK and Europe.Additional store inaugurations are expected later this year in key cities including Bury St Edmunds, Dublin, Glasgow, and Hamburg.In a strategic move to…

Marks & Spencer plans to invest over £30 million in its London stores this financial year, aiming to enhance customer experience and expand operations.The investment includes opening two new foodhalls in Sidcup and Friern Barnet in June and August 2024, respectively.Twelve existing stores in locations like Chancery Lane and Islington are set for modernisation and renewal.The initiative is part of a larger strategy to open new full-line stores, foodhalls, and refurbish 25 stores across the UK.This expansion is expected to create approximately 100 new jobs in the capital.Marks & Spencer has committed to a significant investment of over £30 million…

Starting your day with a structured routine can significantly enhance productivity and well-being.A well-established morning regime creates a sense of calm and control over daily tasks.Proper planning in the morning brings clarity and sharpens focus for the day ahead.Incorporating morning exercise can boost energy levels, leading to increased productivity.A healthy morning diet is crucial in maintaining overall physical and mental health.Beginning your day with a structured routine can transform the quality of your entire day, enhancing both productivity and mental well-being. A structured morning regime fosters a sense of calmness, allowing individuals to reflect and gain control over their activities.Proper…