Aspinal of London has filed its accounts for the year to the end of March 2020 and they show how tough the climate was becoming even pre-pandemic. But it also said 2021 is a key year as it heads towards profitability.
Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
Urban Outfitters Inc. announced on Monday the appointment of a new global chief executive officer at Anthropologie, following the resignation of Hillary Super who officially stepped down from her role on Friday.
On Friday, the share price of Tod’s on the Milan Stock Exchange was strongly on the upswing, the market saluting the appointment of Chiara Ferragni to the group’s board as Tod’s aims to appeal to a younger audience.
April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.