The latest news
Analysis: as John Lewis mulls ownership tweak, why is it lagging rival M&S?
Not so many years ago, John Lewis was unstoppable while M&S was in an endless turnaround phase. Today, the situation has reversed and John Lewis is even reportedly thinking of changing its prized ownership structure.
Rakuten positions itself as a platform for Japanese design in Paris
Ryo Matsumura, head of Rakuten Fashion, tells FashionNetwork.com about the Japanese e-commerce giant's projects. Sponsor of Tokyo Fashion Week, the platform intends to support and promote Japanese design.
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Another strong year for Inditex as sales and profits beat inflation
Inditex’s full-year results on Wednesday saw the Spanish retail giant once again showing why it’s such a dominant force in fashion as sales and profits both soared.
John Lewis runs into trouble over first housing project
John Lewis’s build-to-rent property project is facing resistance and delays. The plan to build 430 flats in towers up to 19 storeys high in Ealing, west London, is months behind schedule, according to local residents.
Salt Life enters home furnishings
Parent company Delta Apparel Inc. announced on Thursday that lifestyle brand Salt Life will expand its product line to include its first home furnishings collection.
M&S names new non-executive director from Permira
M&S has signed a major addition to its board. Cheryl Potter, former head of the global consumer team at Permira, is joining the retailer with chairman Archie Norman calling her a “superstar of the private equity world”.
Rituals to open at Glasgow's Silverburn mall
Eurofund Group, co-operator of the key Silverburn mall in Glasgow, has exchanged contracts on a store with home and beauty brand Rituals Cosmetics, “further diversifying and improving the retailer mix at the centre”.
Supreme opens giant store in West Hollywood
The Supreme brand has just left its historic headquarters in Fairfax, to move into a new location at 8801 Sunset Boulevard, in West Hollywood. A concrete decor where sits a racing car and a wooden skate bowl.
Ex-Mothercare chief joins Laura Ashley owner Gordon Brothers in top EMEA role
Mark Newton-Jones, the former head of Mothercare, has joined Gordon Brothers as its senior MD, Head of the UK and EMEA, serving as the top executive for the region.
Hermès has strong Q4 and year as fashion ops and watches boom
Luxury giant Hermès on Friday reported a 22.9% jump in Q4 sales as the US boomed and sales in China held up, despite Covid challenges.
Dresses and menswear surge as Joe Browns Christmas trading is robust
Joe Browns enjoyed a “robust Christmas”, with the fashion and homewares retailer recording double-digit sales growth over the four weeks to 22 December, it said on Wednesday.
La Redoute names Emmanuelle Cartier international CEO
In January, the French e-tail group put Emmanuelle Cartier in charge of its international business. She was previously Sephora’s managing director for products and marketing in Europe and the Middle East.
La Redoute opens Italian subsidiary
The French multi-channel retailer has set up offices in Milan and has appointed Loredana Fartade, who previously worked at Veepee and Aosom, to head the new division.
Very expands Everyday own brand with 900 more products
How successful has The Very Group’s Everyday range been? Enough to expand the collection with more than 900 new fashion and home products “following strong customer demand since it launched in summer 2022”.