The chief executive of British retailer Marks & Spencer , Steve Rowe, said he and his new chairman, Archie Norman, differed very little on the strategic direction of the company and were working well together.
Italian textile machinery maker Itema has filed a request to list its shares on the Milan stock exchange after shareholders approved the initial public offering plan last month, the company said on Thursday.
It was tough in 2017. Who says so? One of Britain’s most successful retailers, that’s who. John Lewis Partnership saw its profits falling over 20% in the face of a competitive environment, but fashion outperformed.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.
Ted Baker’s latest initiative underlines the place of colour stories in driving interest in new product, as well as the importance of creative marketing to boost awareness, as it launches an all-pink collection.
Lexicon Bracknell appears to be a success with the mall’s operator saying this week that visitor traffic has been higher than expected and a larger-than-average level of affluent consumers are shopping there.
The 60 store closures that New Look is planning to keep it from going under may not be enough to achieve that aim, analysts said this week, adding that the closures underline the weakness of its menswear strategy.
The German fashion house expects sales growth to accelerate in 2018 thanks to a shift to add more sportswear and casual styles but is more cautious on profit as it keeps up investment in revamping stores and its website.
Chinese retailers are cashing in on International Women's Day, offering coupons and discounts on sportswear, cosmetics and healthcare to get women to spend more, dubbing the day "Queens' Day" and "Goddesses' Day".