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Chloe Mills

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London
As seen in: Drapers, EIN News, Waterloo Region Record, Retail Week, Daily Star News Today, Fashioncapital.co.uk, ONIN London, For UW, By UW
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Articles

Chancellor invites retailers for pre-Budget talks

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By Chloe Mills Verified
| Drapers Verified
John Healey is due to meet executives from businesses including Marks & Spencer, Sainsbury’s and Tesco, according to Sky News. One source told the publication that Healey will discuss “the UK’s retail, hospitality and leisure sectors, small businesses and the high street” with those invited. This comes after Healey pledged during last month’s Labour Party Conference to ease cost of living pressures, as well as the cost of doing business, in his imminent Budget on 28 October.
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Uniqlo parent company posts fifth year of ‘record’ profits

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By Chloe Mills Verified
| Drapers Verified
Profit before income taxes also surged 23.4% year on year to 802.5 billion yen (£3.83bn). Revenue at Fast Retailing rose 16.6% year on year to 3.97 trillion yen (£19bn) during the year. The Uniqlo brand’s revenue and profits grew in all regions, Fast Retailing said, while its “high quality” stores, apparel value and “coordination” of products, displays and customer communication resonated with shoppers.
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Adidas sues White Fox over ‘deceptively similar’ design

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By Chloe Mills Verified
| Drapers Verified
Adidas said it had repeatedly asked White Fox to “stop selling and promoting the clothes” since March this year, which feature a four-stripe design, according to the BBC. In Federal Court on Thursday (8 October), White Fox’s lawyers denied any breach of trademark. The Australian brand is yet to lodge a formal defence and lawyers said the business plans to argue that other Australian brands, including Cotton On, Sportscraft and Glassons, also sell clothes with “similar decorative stripes”.
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