Tapestry Inc returned to quarterly sales growth and forecast full-year numbers above analysts’ estimates as the Coach handbag maker benefits from a strong rebound in demand for luxury goods in North America and China.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Gym+Coffee is flexing for expansion and improved visibility. The Irish athleisure brand has hired the Mongoose marketing agency “to raise awareness of the brand and build on its global community in Europe”.
Burberry has opened the first of a series of global pop-ups to celebrate its signature Olympia bag, with the debut space being in Harrods, London until May 30. It comes with an AR experience and limited editions.
Browns relaunched its incubator Browns Focus brand on Thursday with a series of unique collections by emerging talent being marked with an installation in the Focus area at Browns Brook Street and Browns East.
E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.