Menu

Tag: retailer

H&M hires global diversity leader after racist jumper backlash

H&M has appointed a diversity manager in response to the global backlash it endured from using a black child to advertise a hoodie with the slogan “coolest monkey in the jungle”. The Swedish fashion giant said Annie Wu, currently H&M’s global manager for employee relations, will become its new global leader for diversity and inclusiveness for the H&M Group and will be based at the retailer’s headquarters in Stockholm.

0 Comments
Read Full

The Works hails record Christmas sales for 7th year running

The Works has revealed record-breaking Christmas sales for the 17th consecutive year as it pushes ahead with ambitious expansion plans.






0 Comments
Read Full

Online sales drives Dunelm’s Christmas quarter

Dunelm has reported like-for-like sales growth in its second quarter, which included the Christmas trading period, driven by a surge in online revenues despite margin pressures. In a trading update for the 13 weeks to December 30, the furniture retailer said total second quarter like-for-like sales increased 3.4 per cent to £255 million, boosted by a 30.5 per cent jump in online sales to £26.2 million.






0 Comments
Read Full

New Look crisis deepens as it considers CVA

New Look is reportedly drawing up plans for a Company Voluntary Agreement (CVA) after its insurers cancelled cover to its suppliers. According to Sky News , the fashion retailer is allegedly putting together a plan to close around 10 per cent of its stores and restructure its finances with a CVA






0 Comments
Read Full

Warren Evans searches for buyer as potential losses loom

Luxury furniture retailer Warren Evans has put itself up for sale as it prepares to absorb millions in losses. Restructuring company Duff & Phelps has been drafted in to help with the sales process of the retailer’s 14 showrooms across London and southeast England.






0 Comments
Read Full

East enjoys Christmas sales growth

Fashion retailer East has posted has posted an uplift like-for-like sales for its Christmas period, boosted by a massive increase from online.






0 Comments
Read Full

Neiman Marcus names Geoffroy van Raemdonck CEO, replacing Karen Katz

The CEO shake-up comes as the retailer struggles to balance its steep debt load.






0 Comments
Read Full

Next beats expectations and raises profit outlook

Next has released its financial figures for the Christmas period reporting “better than expected” full price sales raising its full-year profit forecast.






0 Comments
Read Full

ASA to investigate Poundland after swathe of complaints

Poundland has come under fire from the Advertising Standards Authority (ASA) following a sexualised Twitter campaign involving toy elves. According to The Drum, the ASA received over 80 complaints about the images, which depict the elves in various sexualised poses including one “teabagging” another, one sat naked on a bauble and another drawing phallic imagery. Joker, joker, I really want to poker pic.twitter.com/wNIZcrBWZF — Poundland (@Poundland) December 20, 2017 First come, first served pic.twitter.com/JstSqtWOTh — Poundland (@Poundland) December 19, 2017 The advertising watchdog has now launched an investigation into the retailer following numerous accusations that the adverts were unsuitable for a medium where children could see them freely






0 Comments
Read Full

Primark to hire Paula Dumont Lopez to head womenswear

Budget fashion retailer Primark has announced the appointment of Espirit’s Paula Dumont Lopez as its new head of womenswear. Dumont Lopez, formerly Zara’s head of womenswear is poised to start her new role heading up the Associated British Foods (ABF) owned brand in early January.






0 Comments
Read Full