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Related news & insights - Matthew Martin
Fashion, luxury and lifestyle news aggregator - March 2024
Posted: 02/04/2024
Luxury clothing retailer, Matchesfashion, has announced it is to enter administration and cut 273 jobs (almost half of its workforce). Matches is home to some of the world’s biggest luxury names, including Gucci, Prada, and Yves Saint Laurent, as well as being known for championing smaller up and coming brands. Matches was acquired by......>>
Companies House business reforms - green light for March 2024
Posted: 15/03/2024
Following our previous article on the initial phase of Companies House reforms, secondary legislation has recently been published confirming that various measures under the Economic Crime and Corporate Transparency Act 2023 have come into force from 4 March 2024. Changes include greater powers, enabling the Registrar to query, reject......>>
Fashion, luxury and lifestyle news aggregator - February 2024
Posted: 29/02/2024
French luxury group Hermes has reported better than expected profits of €4.3 billion, representing an increase of 28% compared to 2022, whilst its luxury counterparts, including fashion group Kering, face dwindling sales. Kering’s top label, Gucci, saw its overall performance fall by 4% year-on-year in the final quarter of 2023, which perhaps......>>
Economic Crime and Corporate Transparency Act 2023: significant Companies House reforms and their impact on businesses
Posted: 02/02/2024
The Economic Crime and Corporate Transparency Act 2023 (the Act) received royal assent in October 2023. The Act includes provisions that will, among other things, transform the role and operation of Companies House, and amount to some of the most significant changes to UK corporate transparency in 170 years. The impact of the Act......>>
Fashion, luxury and lifestyle news aggregator - January 2024
Posted: 30/01/2024
It was another bleak Black Friday last year as the number of shoppers and transactions in the UK and across the globe dropped below the figures on the same day in 2022. But compared to the equivalent Friday in October, Black Friday was considerably busier with transactions up by 2.7%, demonstrating the popularity of the shopping......>>
Fashion, luxury and lifestyle aggregator - November 2023
Posted: 01/12/2023
During the pandemic, the luxury goods market grew at record pace as shoppers stuck at home treated themselves to high-end items. There are clear signs, however, that the market is now returning to more moderate growth as shoppers rein in their luxury spend......>>
Economic Crime and Corporate Transparency Act 2023 – major business reforms on the horizon
Posted: 10/11/2023
The Economic Crime and Corporate Transparency Act 2023 (the Act) has now become law. The Act includes provisions that will, among other things, transform the role and operation of Companies House and amounts to some of the most significant changes to UK corporate transparency in 170 years. The impact of the Act is far-reaching......>>
Fashion, luxury and lifestyle aggregator - October 2023
Posted: 31/10/2023
The introduction of automation is impacting the fashion industry globally – from the use of robots and smart warehouses to pick, pack and ship orders, to chatbots and other AI handling customer service matters. Computer-aided design (CAD) software has also displaced the need for physical prototypes and samples, and facilitates......>>
AI in corporate governance: a new dawn for the board of directors?
Posted: 12/10/2023
AI has been transforming many industries and the corporate world is no exception. With the increasing complexity and scale of businesses, corporate governance has become a challenging task for management. AI offers considerable potential to enhance governance; however, like many technologies, it comes with pressing challenges......>>
Fashion, luxury and lifestyle aggregator - September 2023
Posted: 29/09/2023
Resale and sustainability were on the fashion forecast for 2023 and so far the predictions have been spot on. On 7 September, Zara expanded its offering of selling, repairing, or donating second-hand clothing in France, after the pre-owned platform was first made available to British consumers in November 2022. Its aim is to extend......>>
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