Savage X Fenty, founded by Rihanna, is expanding into the UK market with its first physical retail presence at Selfridges on Oxford Street.The launch includes key collections like Soft N’ Savage and best-sellers such as Savage Not Sorry, Mod Poppy, and Romantic Corded Lace.Genevieve Kunst, SVP and GM Europe, describes this as the beginning of an exciting chapter for the brand.The move aims to connect with both UK and international shoppers by partnering with Selfridges’ diverse customer base.Selfridges director Bosse Myhr believes the collaboration will enhance customer choices in fashion expression.Savage X Fenty, the brand established by singer Rihanna, has…
Author: Scott Dylan
Scott Dylan
Scott Dylan is the Founder of NexaTech Ventures
John Lewis has strongly denied reports of further job cuts, clarifying its position after news in The Times suggested otherwise.The Times reported that 7,000 John Lewis employees were under consultation for potential job losses.John Lewis responded by stating that these claims are “wholly inaccurate.”Previously, John Lewis announced role reductions for 153 positions to enhance customer service efficiency.The company aims to reduce redundancies by reallocating staff and not filling vacant roles.The Times published an article suggesting that John Lewis might be planning to cut jobs, placing around 7,000 shop floor staff under consultation as new management was set to take over.…
Net-A-Porter and The King’s Foundation have launched a luxury capsule collection, emphasising sustainability and craftsmanship. Available exclusively on their platform, this initiative donates 50% of proceeds to The King’s Foundation. Emerging designers, trained through a unique program, crafted the collection using traditional and modern techniques. The project promotes skill development and supports over 15,000 individuals annually.The collection comprises 13 pieces, including slip dresses, loungewear, and knitwear, crafted with responsible materials.This marks the third edition of The Modern Artisan program, a collaboration since 2019 focused on sustainable fashion and preserving craftsmanship.Six graduates designed the collection during a nine-month training, integrating artisanal…
Billionaire Mark Cuban’s social media poll reveals unexpected results with Donald Trump as the preferred role model over Kamala Harris for children.Mark Cuban, known for his criticism of Trump, conducted a poll asking which persona parents prefer as a role model for their children.The poll offered a choice between Donald Trump and Kamala Harris, leading figures in the 2024 U.S. presidential election.A significant 68.9% of over 800,000 responses favoured Trump, while only 31.1% selected Harris, sparking widespread commentary.The poll highlighted ongoing debates and controversies surrounding both figures’ public personas and political careers.In a recent social media engagement, billionaire Mark Cuban…
Birkenstock has achieved unprecedented financial success with a remarkable growth in revenue for the third quarter.Revenue surged by 19% year-on-year, reaching €565 million, driven by impressive sales across Europe and Asia.Net profit rose by 18% to €74.6 million, as the brand celebrated its 250th anniversary.Wholesale revenue increased by 23%, supported by growing demand for closed-toe mule silhouettes.The Americas, Europe, and the APMA region all saw significant double-digit growth rates.In a substantial display of financial prowess, Birkenstock has reported record-breaking third-quarter earnings, highlighted by a 19% year-on-year increase in revenue that reached €565 million (£475 million). This upsurge has been largely…
A solicitor in Wakefield has been fined by the Solicitors Regulation Authority (SRA) for failing to adhere to financial compliance regulations during his tenure as director and compliance officer at a law firm.Aman Mahroof, who practised at Tyler Hoffman in Wakefield, was found to have allowed his firm to disregard essential account management protocols between October 2016 and April 2019. His roles included being the compliance officer for legal practice (COLP) and compliance officer for finance and administration (COFA).During this period, the firm neglected to conduct required three-way client account reconciliations and failed to maintain accurate records of all non-client…
Arket, a premium Scandi style brand under H&M Group, is set to enter the Irish market, showcasing its signature minimalist aesthetics.Founded in 2017, Arket is renowned for its streamlined fashion and timeless homeware, combining modern style with practicality.Known for its minimalist store designs, Arket integrates Nordic-inspired cafes into its retail spaces, enhancing the customer experience.Ella Soccorsi, head of design and creative, emphasises staying true to Arket’s brand DNA while expanding into new markets.The brand is committed to maintaining high-quality, accessible pricing, ensuring its products are cherished for long durations.Arket, a member of the H&M Group, is preparing to introduce its…
A recent survey highlights significant trends in workplace productivity and employee well-being among UK business leaders.72% of business leaders recognise the benefits of hybrid work models for enhancing work-life balance.Age-diverse leaders underscore the prioritisation of work-life balance across generations.Female leaders more actively promote work-life balance to boost productivity compared to male leaders.Underutilised strategies for productivity improvement include reducing turnover and accommodating diverse needs.A recent nationwide survey conducted by Speakers Corner explored the perceptions of 500 UK business owners and directors with significant equity stakes in their companies. The findings shed light on prevailing attitudes towards hybrid working as a means…
In the latest financial disclosures, fashion retailer Quiz has reported significant challenges, including a substantial pre-tax loss.Founded in 1993, Quiz has seen its group revenue decline from £91.7 million to £82 million in the fiscal year ending March 2024.The decrease in revenue has resulted in a pre-tax loss of £5.2 million, compounded by a £1.5 million non-recurring impairment charge.In an effort to counter these disappointing results, Quiz has initiated several operational changes aimed at improving future performance.CEO Sheraz Ramzan acknowledges the impact of macro-economic conditions but remains optimistic about the company’s turnaround strategy.Fashion retailer Quiz, a company established in 1993…
In a strategic move, Strathberry has appointed Martin Byrne as their new managing director.The appointment follows a significant 53% increase in turnover, bringing the luxury brand’s financial year total to £27 million.Martin Byrne joins from Monica Vinader, bringing extensive experience in the luxury sector.Strathberry is on target to reach a £100 million turnover in the next three years, driven by international demand.The brand, founded by Guy and Leeanne Hundleby, is supported by an £8 million investment from the Business Growth Fund.In a strategic move aimed at capitalising on recent financial success, Strathberry has appointed Martin Byrne as its new managing…