A last-minute surge in high street shopping in the week leading up to Christmas wasn't enough to rescue December trading. That’s the message from the latest BDO UK high street sales tracker that was released on Friday.
Next's Christmas trading update Wednesday painted a picture of a company that's recovering, but only very slowly, and one that still faces huge challenges, especially in driving growth at its physical stores.
In her first results announcement since taking over as CEO, The White Company chief executive Mary Homer reported sales growth and an operating profit rise at the UK-based company, although profit was only up by 2%.
Steinhoff said on Tuesday it had started to lose credit lines from lenders and was still unable to determine the scale of accounting irregularities which have wiped more than $10 billion off its market value.
John Lewis struggled to find sales growth in the latest week as the hugely successful retailer showed that even the biggest names aren’t immune to the cautious spending environment in the UK at present.
Chen will perform in the 2018 Winter Olympics in South Korea in a costume designed by Vera Wang, joining an elite class of skaters to perform in a Wang-designed costume that includes Nancy Kerrigan and Michelle Kwan.
Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company’s design teams after handing off managerial duties two years ago to focus on other projects, Apple said on Friday.
The White Company (TWC) said it reached an online sales record in the week including Black Friday and Cyber Monday with the performance helped by a more robust platform. It did not say exactly how much it sold.