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Clothing, fashion and personal care report

30 Nov '06
1 min read

Hennes & Mauritz is planning to open the first of a new upmarket fashion chain in London's Regent Street in the spring.

About nine other trial outlets will open in locations around Europe including Berlin, Hamburg, Brussels and The Hague.

Fat Face has reportedly hired NM Rothschild in a move that is likely to lead to a £250mn to £300mn sale or flotation of the business.

Superdrug is to sell goods online from next month. The site will offer 1,200 bestselling products including exclusive cosmetics, fragrances and gifts.

Gap Inc has sent an early warning about its coming Christmas sales period, stating that sales at its discount Old Navy brand continue to fall and the turnaround at its Gap brand has been slower than expected.

The rivalry between the UK's three big sportswear retailers is set to intensify as Adidas and Nike hold back premium ranges from heavy discounters in an effort to take their brands upmarket.

New rules on customer service and display quality will come into force in January and may benefit JJB Sports and JD Sports at the expense of Sports World.

Verdict Research

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