Puig, Spain’s largest luxury multi-brand group, has radically overhauled its fashion division and named José Manuel Albesa to oversee its four fashion houses, as it announces a slew of new appointments.
It was a mixed week for John Lewis in the period to March 25. Total sales fell 4.1% to £81.72m, skewed by the late Easter. But Mother's Day boosted key categories and its new denim lifestyle brand had a strong start.
U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos.
Macy's owned Bluemercury is growing as its parent company stumbles in the retail game. While the department store is closing 68 of its own stores, it plans to open 50 Bluemercury shops within the year.
L’Oreal is targeting direct lenders to provide up to €650 million of leveraged loans to back a potential sale of The Body Shop, in a bid to encourage buyers to submit an offer for the business, banking sources said.
The seven days to March 18 saw some brighter weather in the UK and it turned out to be bright for John Lewis too, at least on the fashion front as warm weather clothing beat cold weather items for the first time so far.