
Fashion Retail Weekly News Update 17-5
Fashion Retail Weekly News Update
Here’s an updated roundup of major developments in the global fashion retail industry for the week ending May 17, 2025:
Retail Closures & Restructuring
Superdry is closing its store at Silverburn Shopping Centre near Glasgow, launching a significant closing-down sale with discounts up to 75%. This move reflects broader challenges in the UK retail sector, including rising operational costs and shifting consumer behaviors.
The Scottish Sun
Hudson’s Bay Company has announced the liquidation of all its Canadian stores, including 74 Hudson's Bay locations and 13 Saks Off 5th outlets. This decision follows unsuccessful attempts to secure financing and restructuring efforts.
Jeanswest, an Australian apparel chain, is closing all 90 of its...