Stuart Rose has been appointed chairman of UK supermarket giant Asda as of next month. The UK retail veteran, who stepped down as chair of Ocado earlier this year, will lead the board’s search for a new chief executive.
Clearpay is now offering UK retailers access to millions more shoppers. The Australian buy-now-pay-later financier has introduced another cross border trading option for its 6,000+ UK merchant partners.
It’s official: the Christmas trading period has begun in Britain. Week-on-week footfall to UK retail destinations rose faster than it had done in previous weeks across the latest seven days (14-21 November), rising 4.1%.
Karl Lagerfeld, design great, legendary illustrator, Paris’ greatest conversationalist and photographer, was also a brilliant photographer of architecture. And now he will brand a unique series of couture villas.
Investors are usually forgiving of tech firms when they spend years targeting the kind of profitability they’d like, but they weren’t forgiving Farfetch on Thursday as the firm’s shares fell 22% in late trading.