Despite missing financial targets, the founders of fast fashion retailer Boohoo.com saw their pay doubled to approximately £1 million each last year, as they were granted substantial bonuses.
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Chinese online fast fashion brand Shein is making a comeback in India through a partnership with leading retailer Reliance Retail, according to industry sources.
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However, the road to success in this competitive industry can be very challenging indeed.
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Since M&Co was unable to find a buyer, all of the stores will be closing.
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After its acting boss Mat Dunn took home a salary of £567,000, Asos anticipates investor backlash on executive compensation.
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