United Kingdom
JD Sports reiterates full year outlook
After reporting a positive trading update for May, the UK-based retailer said that it maintains its outlook of 1.04 billion British pounds in profit before tax and adjusted items
Manolo Blahnik with new Chief Commercial Officer
The luxury shoemaker has named Elodie Bougenault as its new Chief Commercial Officer. She will spearhead the brand's global commercial direction, at a time when Manolo Blahnik looks to revamp business in Asia
Asos returns to profitability
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company
Kurt Geiger secures funding to boost international growth
The London-based retailer announced that it has secured a new funding deal to refinance its debt and fuel its international growth plans
John Lewis to source all leather from high-welfare farms in the UK
The British retailer has announced that 100% of the leather used in its label sofas and chairs will be sourced from the higher welfare farms in the UK that supply Waitrose beef
Burberry reports full year revenue growth
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter
Next reportedly in talks to sell Reiss
The UK-based fashion retailer is reportedly considering selling its 51% stake in Reiss, in a deal that would value the British fashion brand at more than 500 million British pounds
Malone Souliers names two new creative directors
The London-based footwear brand has appointed two of its long-time team members, Coco Fong and Valerio Brava, as its new co-creative directors
Frasers Group to cut up to 200 jobs
The British retailer has confirmed it will cut around 200 jobs as it continues the process of increasing efficiencies across the company following a series of recent acquisitions
Shoe Zone delivers positive trading update
The UK-based retailer reported that trading exceeded expectations during May and June due to strong early demand for summer products and lower container rates, which helped to improve margins
Asos shares rise on reports of a takeover bid by Alibaba-backed Turkish rival
This news came after the fast fashion retailer's downgrade from London's FTSE 250 index of mid-sized companies, which reflects its declining performance in the post-pandemic period
Dr Martens reaches revenue milestone
The UK-based brand achieved 1 billion British pounds in revenue during fiscal 2023, highlighting the good performances in the EMEA and Japan, but a weaker result in the American region
Burberry appoints Alexandra McCauley as Chief People Officer
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd
JD Sports appoints Dominic Platt CFO
British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its Chief Financial Officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role
Authentic Brands Group eyeing Hunter Boots
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists-
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