It was tough in 2017. Who says so? One of Britain’s most successful retailers, that’s who. John Lewis Partnership saw its profits falling over 20% in the face of a competitive environment, but fashion outperformed.
House of Fraser’s Chinese owner is planning to sell its majority stake in the under-performing department store chain to another Chinese entity, it confirmed on Tuesday. But it will keep a large holding in the retailer.
Gerry Weber wants to boost its turnaround with the debut of a new brand. Gr8tful is a digital-only label offering premium womenswear with its launch this month inviting customers to a “relaxed online shopping” experience
Fashion retailers and department stores have had a tough time so far in February with the latest Confederation of British Industry (CBI) poll showing weak sales at stores, even though online continued to rise strongly.
He is a great ideas man, Jonathan Anderson, whose latest collection had a playful mood, using doughnuts as accessories in a show that featured both men and women; pre-collection and fall collection on the same runway.