Selfridges losses widen despite rise in revenue

The parent company of Selfridges saw losses more than double in its latest annual results, despite a 95.6% increase in revenue. Filings for Cambridge Retail Group, which is owned by Thai conglomerate Central Group and Saudi Arabia’s Public Investment Fund, revealed pre-tax losses hit £340.3 million in the year to 3 February, compared to a…

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Elie Saab appoints Artistic and Design Director of Handbags

Marina Raphael, a sixth generation member of the Swarovski family and a fashion designer who designs handbags for her eponymous brand and Swarovski, has been appointed Artistic and Design Director of Handbags at Elie Saab. The creative partnership will introduce a fresh approach to Elie Saab’s handbag designs to expand the category, driven by Raphael’s…

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Mike Ashley slams ‘desperate’ Boohoo following CEO snub

Frasers Group’s Mike Ashley has labelled Boohoo Group “desperate” after the online retailer promoted Debenhams boss Dan Finley to CEO instead of appointing him to the role. Frasers, which owns brands including Sports Direct and Flannels, has built up a 27% share in Boohoo. Last month, the group published a letter attacking Boohoo’s management and…

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In Pictures: Barbour unveils fifth collaboration collection with Noah for AW24

British brand Barbour has launched its fifth collaboration collection with cult New York-based label Noah. The range includes three jacket styles inspired by Barbour’s archives and reinterpreted with Noah’s “irreverent menswear style”. The ‘Bedale’ jacket is a unisex style inspired by Barbour’s most loved jacket, which was first introduced to the range in 1980. With…

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