There was mixed news from In The Style on Wednesday. Although the womens fashion e-tailer said it had performed strongly in the ‘golden quarter’, it also revealed its CFO/COO Paul Masters is leaving due to ill health.
British Prime Minister Boris Johnson announced the end of Covid-19 measures introduced to curb the rapid spread of the Omicron variant in England as he looks to live with the virus after a peak in cases.
Pentland Brands’ Ellesse label is moving back into ski-wear with a new winter sports line. And to support the debut, it has a three-year partnership with Tomorrowland Winter, the electronic music festival in the Alps.
Burberry’s full-price sales continued to grow in double-digits compared with two years ago in the 13 weeks to December 25, underlining the ongoing recovery both at the company and in the luxury sector as a whole.