John Lewis continues to work hard to future-proof its business with news that it has named a ‘store of the future’ director, along with two other major senior hires.
As they work to drive shopper traffic back to London’s West End, the New West End Company, local authority Westminster City Council and landlord Crown Estate have announced the launch of a pop-up programme.
Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.
We know having a solid returns policy is important to any fashion business, so how’s yours? A new survey worryingly suggests 82% of UK consumers think retailers in general need to improve their returns capabilities.
It had all the makings of a headline-grabbing takeover, but Frasers Group buying Hugo Boss has turned out to be nothing more than pure speculation for now.
Capri Holdings may have made a loss in Q4, but the company remains upbeat that in a post-pandemic world, its trio of power brands can be a profits-generating machine.
The cosmetics company announced Q4 sales of $92.7 million on Wednesday, representing an increase of 24% from $74.7 million in the prior-year period and the company’s ninth consecutive quarter of revenue growth.
Cosmetics maker Coty Inc on Wednesday appointed Andrew Stanleick as the chief executive officer for the beauty brands business created by celebrity and influencer Kylie Jenner.
It looks like overall retail sales returned to some sort of normality in May, according to the CBI in its latest Survey. But wait, sales were actually “below normal in clothing", the report noted.
After an “extraordinary year” and some trading figures to forget, British Land’s CEO said the UK property giant was now fully focusing on the “strong progress" made across his priority areas set out in November.
M&S has delivered a bleak full-year earnings report, although the bad news was far from unexpected. In year to April 3 — which included three lockdowns during which its clothing departments were shut — sales plummeted.
TikTok isn’t only a social media phenomenon, it’s also a key shopping destination with a new study showing shopping on TikTok grew 553% during the pandemic. That was almost triple the growth on Instagram and Facebook.
Shaftesbury (and its properties in the West End) are on on the road to recovery, albeit gradually. It owns 16-acres of prime space in London and said it’s “well-placed to return to sustainable long-term growth”.
Britons are increasingly switching on to subscription boxes and the pandemic has helped accelerate a trend that was already moving fast before the global health crisis started.
The American beauty conglomerate announced on Friday that its president of luxury brands, Simona Cattaneo, will be stepping away from her role this summer after five years at the company.
