Sunday, October 21, 2018

Victoria’s Secret owner slashes FY earnings guidance again

Victoria's Secret parent company L Brands saw shares fall 5 per cent in after-hours trading after it cut its full-year earnings.

Harrods hires ex-Booths CEO as new food and home director

Harrods has appointed former Booths chief executive Chris Dee to the newly expanded role of food and home director. The luxury department store announced Dee...

Mike Ashley looks to keep 80% of House of Fraser stores open

Retail tycoon Mike Ashley has revealed he plans to keep 80 per cent of House of Fraser stores open for business, according to The...

Michael Kors’ revenue up 26.3% thanks to Jimmy Choo

Luxury retail group Michael Kors reported a 26.3 per cent rise in revenue to $1.2 billion (£930 million) in the three months to the...

400 jobs to be axed at Pandora amid profit warning

Hundreds of job cuts are on the cards at Pandora following a profit warning yesterday, sending its shares plummeting.

Giorgio Armani profits drop for 2nd year running

Giorgio Armani has revealed falling sales and profits while warning that the falling figures will continue.

Burberry changes logo for first time since 1999

Burberry has unveiled its branding overhaul including a new logo, marking the first change to its design in two decades.
Ralph Lauren update

Ralph Lauren books 83% surge in quarterly profits

Ralph Lauren has posted better-than-expected quarterly profit and revenue.
Gucci Kering

Gucci growth bolsters Kering’s half year profit

Kering has posted higher-than-expected operating profit for the first half of the year, boosted by sales momentum from Gucci.
Missguided sales

Asda, Lidl & Missguided “continue to ignore” this key fashion sustainability issue

Changing Markets Foundation has named and shamed fashion brands accused of ignoring calls to switch over to sustainable viscose. Its new report praised Zara parent...

Feature Resource

What will your workforce want and need,  now and in the...

Today's on-demand consumer mentality means businesses now operate in an ‘always-on’ economy. To meet customer demand for 24/7 access to products and services, businesses...