Online retail giant Very Group could be the next big name in line for an IPO with a report that its owners, who also own the Telegraph newspaper, are exploring the potential of a £3 billion+ stock market float.
Matchesfashion has poached Amazon executive Ajay Kavan to be its new CEO, replacing Ulric Jerome. He has been a vice-president at Amazon for the past nine years, and will join the luxury fashion retailer on 19 March.
Superdry delivered plenty of negative numbers with its half-year results on Thursday but they'd largely been expected as the company is deep in a reset strategy and it said this is showing early signs of working.
Arcadia has filed a new set of accounts at Companies House and it gives an insight into how bad trading has been at the business, with a swing to a loss last year. But it's talking up its growth focus for the future.
The heavily flagged arrival of Topshop on Asos is set to happen later this month with the Arcadia-owned brand debuting on September 30. ‘Brother’ brand Topman has been available via the online retail giant since June.
Shop Direct, the UK’s largest integrated pureplay digital retailer and financial services provider, on Wednesday announced plans to rebrand to The Very Group, focusing on the name of its flagship webstore.
UK online retailer N Brown has named a permanent CEO after being run by an interim senior exec since its previous top manager stepped down last autumn. And the successful candidate is? Its interim CEO.