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Steve Sidkin

Recent activity

Comments (45)

  • Comment on: This week's need-to-know people moves

    Steve Sidkin's comment 7 July 2019 5:59 pm

    Good to see more people moves. It is a healthy indicator of a competitive industry. But will fashion businesses be among the first to take advantage of this week’s Supreme Court ruling which confirms the enforceability of post-termination non-compete covenants in employment contracts?
    Stephen Sidkin
    Chair
    Fashion Law Group
    Fox Williams LLP

  • Comment on: Price rises 'inevitable' in the event of a no-deal Brexit

    Steve Sidkin's comment 26 February 2019 11:09 pm

    Your commentators have highlighted understandably the affect of tariffs in the event of a no-deal Brexit. But to look at such an event only through that prism is mistaken.
    A no-deal Brexit is likely to result in adverse GBP currency fluctuation pushing up costs for those brands importing stock. It is also likely to result in disruption at sea and air ports.
    Unfortunately in my experience most fashion companies have not sought to emulate those who have planned (for example, Joules) and will instead take their chances.

  • Comment on: Discounting up by a third before Black Friday

    Steve Sidkin's comment 22 November 2018 11:35 pm

    Following yesterday's news that Jigsaw was launching its first Black Friday sale, news of increased discounting before Black Friday highlights 2 fundamental issues for the industry:

    1. which fashion business will gain most in turnover but do so by slashing its margin with future implications; and

    2. which fashion businesses will be called out by the Competition and Markets Authority and the Advertising Standards Authority for consumer law infringement.

    Stephen Sidkin
    Chair
    Fashion Law Group
    Fox Williams LLP

  • Comment on: Debenhams credit insurance cut

    Steve Sidkin's comment 1 October 2018 10:33 pm

    Debenhams' woes mount. Together with breaking news of the sacking of House of Fraser's management by Sports Direct, the need for suppliers and concessionaires to be on guard only increases.
    Stephen Sidkin
    Chair, Fashion Law Group
    Fox Williams LLP

  • Comment on: Debenhams defends its financial position

    Steve Sidkin's comment 11 September 2018 10:16 pm

    If Debenhams cannot convince markets as to its future then it could be déjà vu House of Fraser for fashion brands, suppliers, and concession holders.
    Stephen Sidkin
    Fashion Law Group
    Fox Williams LLP

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