N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
E-tailer Very Group has reported a buoyant set of figures for its festive period with the seven weeks to Christmas seeing group revenue up 15.3% year-on-year. It surpassed £500 million for the period for the first time.
Malls giant Unibail-Rodamco-Westfield has made big changes to its structure with a larger management board and a new group organisation “to bolster its agility in responding to challenges and prepare for the future”.
Joules had a better than expected festive trading season and despite a massive plunge is physical store sales, it still managed to drive revenues upwards overall as its web sales more than filled the gap.
Matchesfashion may have made a loss in the 12 months immediately before the pandemic hit last year, but its directors said they were “satisfied” with the results in the year as sales rose and it invested in the business.
PVH's Tommy Hilfiger opened applications for the third edition of its Fashion Frontier Challenge on Wednesday with an aim this year "to amplify and support black, indigenous and people of color entrepreneurs".
Harvey Nichols has promoted its COO to its top job with Manju Malhotra becoming CEO. She now runs the UK and international stores, plus the online business, at the toughest time for luxury retail in decades.
Primark’s owner ended 2020 on a low note “in the light of [the] announcements by the UK and Ireland governments regarding increased restrictions", with it upping the amount of lost sales it expects to £650m