Can New Look’s fall out of fashion be fixed?

When New Look founder Tom Singh opened the doors of his first shop in Taunton in 1969, he did so with a rag-trader’s self-confidence in picking best sellers. Over the years he has put the fashion chain’s rise in popularity down to his instinct for picking fashion...

Next shares hit as it cuts profit outlook

Fashion chain Next’s shares have dropped 6% with investors disappointed by its latest trading update. The High Street retailer warned the market “remains challenging” as it reported a 2.5% drop in total sales for the past three months. Next also cut...

Clothing and footwear retail prices fall in April

Clothing and footwear prices fell in stores last month, down 5.4% on the previous April. However, prices crept up 0.1% compared with the previous month, the British Retail Consortium (BRC)-Nielsen Shop Price Index shows. Overall shop prices reported deflation of 0.5%...
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