Unbound Group, the parent of footwear retailer Hotter Shoes, has appointed buying expert Sarah Davies as chief product officer. She will oversee strategy and product development for the group’s comfort footwear brand.
Frasers Group is looking to offload its out-of-town retail property portfolio that could be worth a total of £320 million. Sixteen assets purchased over the past several years are on the block, reports Retail Gazette.
Next and Boohoo Group are making major moves in the own-brand affordable beauty arena and that makes good commercial sense, GlobalData said this week, as it predicted the online market will be worth £6.6bn by 2025.
The shock news that Studio Retail is to file for administration has put over a thousand jobs at risk and reportedly also left major investor and Frasers Group boss Mike Ashley mystified as to why it happened.
There’s change under way at M&S’s fashion ops as sourcing directors the Lindsey brothers step down. C&H MD Richard Price told staff Mark and Neal Lindsey are taking “well-deserved retirement at the end of March”.