Outlet malls giant McArthurGlen has promoted Nick Brady to its top leasing role. He'll oversee all brand acquisition and asset management for its 25 designer outlets in 10 countries across Europe and in Canada.
Just three months after being acquired by new owners, Brooks Brothers is off to a fresh start under the aegis of Ken Ohashi and Michael Bastian, its new president and newly appointed creative director, respectively.
Ted Baker released its half-year results on Monday plus an update on Q3 and Q4, and the news was far from good. The 28 weeks to August 8 saw its revenue falling almost 46% and its underlying pre-tax loss ballooned.
Ted Baker’s trading update on Tuesday showed just how hard the company has been hit by the lockdown and its aftermath as revenue plummeted 55%, even though it described its performance as “resilient”.
Harvey Nichols is the third big name in just a couple of days to be mulling job cuts in the near future. The company is looking at removing roles from all of its stores, although it's trying to minimise the impact.