Lashana Lynch is a directional dresser—an actor who, her former red carpet collaborator Marco Capaldo says, “enjoys clothes and uses them as a tool to express her creativity.” But for the New York premiere of The Day of the Jackal (yours to binge on Peacock in the United States on November 14 or Sky in...
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UK’s ultra-rich non-doms urge Italian-style tax regime to prevent wealth exodus
High end Porsche 911 Carrrera GTS car parked outside the Chanel store on Bond Street on 16th October 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — Britain’s ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus, as their preferential status...
Britain’s Samantha Cameron brings her fashion designs to Darien
From left, Eleanor Banco, Samantha Cameron and Anna Burke, wearing clothing from Cameron’s Cefinn label, at the Oct. 10 trunk show at Burke’s Darien home. Photographs by Georgette Gouveia. It’s not every day that you get an opportunity to interview a successful businesswoman who also happens to be the wife of a former prime minister...
‘Great news for online retailers in the United Kingdom’
Spending at major British online retailers was 3.2 percent higher in September than in the same month last year. This marks the first growth since April 2021. After nearly 3.5 years, a turning point has been reached, just as in other European countries.
Shein’s UK Sales Overtake Boohoo’s, Redefining Fast Fashion
Shein’s UK sales have surpassed Boohoo’s, indicating a shift in the fast fashion market. In 2023, Shein reported revenues over £1.5bn, as Boohoo’s sales fell to £1.4bn. Shein’s annual profits rose to £18.7m, while Boohoo faced significant pre-tax losses. Industry experts suggest Shein could soon challenge another major competitor, Asos. Controversies around Shein’s practices continue,...
Russian spies targeting UK with Cold War-style sabotage, warns MI5 boss
The Cold War was characterised by repeated attempts by East and West to steal the others’ industrial and military secrets. Mr McCallum said logistics firms, and those with international footprints, are most at risk. In recent months, the Kremlin has re-energised such covert activity through the use of criminal gangs and is thought to be...
All eyes on budget despite UK retail sales rise on Autumn fashion
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JD Sports Fashion First Half 2025 Earnings: EPS: UK£0.004 (vs UK£0.042 in 1H 2024)
JD Sports Fashion (LON:JD.) First Half 2025 Results Key Financial Results Revenue: UK£5.03b (up 5.2% from 1H 2024). Net income: UK£21.8m (down 90% from 1H 2024). Profit margin: 0.4% (down from 4.6% in 1H 2024). EPS: UK£0.004 (down from UK£0.042 in 1H 2024). LSE:JD. Earnings and Revenue Growth October 4th 2024 All figures shown in...
Naomi Campbell: Unicef reported Fashion for Relief to charity watchdog
Campbell’s spokesperson said on 4 October: “Naomi has never claimed to be a representative of Unicef. “In 2018, Naomi was invited to meet then foreign secretary Boris Johnson to discuss a new #LeaveNoGirlBehind charitable initiative focused on girls’ education in the Commonwealth. “Following the meeting, the Foreign, Commonwealth and Development Office drafted and issued its...
Creative License: The Sale and License-Back Structure Appeals to Investors and Brands in the United Kingdom
As challenging global market conditions linger, fashion brands and retailers in need of liquidity are exploring ways to extract cash from their brand portfolios without divesting entirely. In this article, we consider a popular approach in corporate transactions in the UK fashion industry. For UK fashion, the past decade has been a hard sell. After...
Cold, wet start to autumn in UK deemed positive for apparel sales
The UK’s wetter weather is expected to boost the UK’s online fashion retail channel. Credit: Shutterstock. Shore Capital Markets’ Clive Black highlighted the “decent” early autumn weather should assist the demand for boots, caps, hats and overcoats. He said: “For those gaining share in the UK, like Marks & Spencer, which has arrived at the...
Naomi Campbell, banned from running charity, calls probe
Former supermodel Naomi Campbell hit back at a United Kingdom watchdog after it banned her from running a charity for five years. The Charity Commission identified “multiple instances of misconduct” in the running of Fashion for Relief, including the use of charity funds to pay for her stay in a five-star hotel in the south...