British fashion billionaire Philip Green was named by a member of the House of Lords on Thursday as the businessman who used an injunction to suppress the publication of sexual harassment allegations by five employees.
As part of its ongoing commitment to sustainability, the outdoor apparel co-op is organizing used gear swaps at 11 stores across the US later this month, inviting members to trade their gently used equipment.
A major credit insurer has cut the cover it will give for Arcadia suppliers with Euler Hermes reportedly writing to clients in the past fortnight as the fashion sector sees a wave of credit insurance cuts.
Boohoo Group has announced a new CEO from rival Primark with current co-CEO Carol Kane set to stand down as part of a board re-alignment. But Kane will remain heavily involved with company and will take on a new role.
Anyone hoping for a trading update from M&S this week has had their hopes dashed with news that the under-pressure chain won’t be giving out the current-trading details that we’ve become accustomed to at its AGM.
The collapse of its merger deal with Intu may have been a shock to Hammerson’s system but the malls giant is hitting back with a review of its strategy on which consultant McKinsey is working, a newspaper said Monday.
Sanpower, the giant Chinese conglomerate that’s selling a large chunk of its House of Fraser stake, has revealed a new industry strategy and named luxury specialist Guy Salter Chairman of its New Retail business.