E-tail giant Boohoo Group has named Shaun McCabe as its new CFO to succeed Neil Catto whose role will transition to an Executive Director, remaining on the board, “with responsibility for strategic projects”.
Loro Piana has announced the winners of the sixth edition of its international Knit Design Award competition. The winners were students Po-Chieh Chiu and Shanon Poupard from the Institut Français de la Mode, Paris.
The billionaire whose family controls Primark’s parent company has poured cold water on the idea that its newly-announced trial of click & collect services could lead to an eventual full offer online.
Primark had big news on Monday and no, it wasn’t that trading is going well (which it is). It was that the company is working on a UK launch of a trial Click & Collect service for the end of this calendar year.
Asda backer TDR Capital has poached eBay European boss Rob Hattrell. He joins the private equity firm as a partner from September. The news coincides with Asda saying its chief customer officer Meghan Farren is leaving.
N Brown began Thursday’s trading update with the positives. Citing its position as “a top 10 UK clothing & footwear digital retailer” the group said it saw continued growth in strategic product revenue.
Boohoo did something it wasn't used to on Thursday, it delivered a trading statement that showed falling sales. In the three months to 31 May, total sales fell to £445.7 million, down 8% year-on-year.
H&M had good reason to be happy on Wednesday as it reported Q2 sales with a bigger than expected increase. The world’s second-largest fashion retailer had a good time of it in the March-to-May quarter with sales up 17%.
Daily Mail and General Trust, the multinational company behind the Daily Mail newspaper, has announced the launch of a new media-to-shopping online “fashion, beauty and lifestyle brand” at Eliza.co.uk.