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Boohoo rebrands to Debenhams Group as it shifts to marketplace model

Retail Gazette

Boohoo Group boss Dan Finley has unveiled his turnaround plan for the fashion giant as he looks to shift the entire business to a marketplace model. The fast fashion brands saw a 21% drop in sales from 1.2bn to 94m year-on-year.

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10 retailers cutting jobs in 2025

Retail Gazette

Aldi It emerged at the end of last month that Aldi was consulting over plans to restructure some of its head office divisions in a move that could see 350 roles at risk of redundancy. The reshuffle will impact some buying department positions, including non-food, finance and some back-office functions. loss the year prior.

Fashion 101
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How an Aussie startup is helping Lululemon tap into ‘infinite recycling’

Inside Retail

There appears to be a growing trend of retailers joining forces with circular economy startups, with Shein recently collaborating with Queen of Raw to access deadstock materials – a move criticised by experts as potentially accelerating its fast-fashion production process.

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What on earth’s going on at Boohoo?

Retail Gazette

It’s not the first time the embattled fast fashion retailer has made such a u-turn. Boohoo’s US U-turn Just over a year ago, Boohoo revealed plans for its new US distribution centre which it said would be a “significant game changer” for its business there.

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Boohoo v Frasers: What’s next in the fashion giant’s boardroom battle with Mike Ashley?

Retail Gazette

Ashley’s bid for the top position has been slammed by Boohoo, which accused Frasers of using its stake in the fashion brand and other retailers to promote its own “commercial self-interest”. What’s happened so far? The latest half-year results for Boohoo show its pre-tax losses tripled from £36.6m to £147.3m

Fashion 101
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Retail appointments of the week

Inside Retail

With qualifications in both law and accounting, her career has covered both disciplines, focusing on corporate finance, treasury and commercial transactions. British online fast-fashion firm Asos announced a shock management reshuffle on October 11, with CEO Nick Beighton stepping down after six years in the job.

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2023 in review: 8 stories that rocked retail this year

Retail Gazette

The Range has since started opening Wilko stores and owner Chris Dawson told Retail Gazette earlier this month that he plans to open 40 more next year. Although White has had some successes, such as the launch of John Lewis value range Anyday, some elements of her plan such as its foray into housing has been met with criticism.

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