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Clothing & Shoes
Adidas and Puma Chinese sales hit by coronavirus outbreak
Sportswear retailer Adidas has warned sales in its first quarter of its financial year would decrease as much as €1bn…
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Supermarkets
Ex-Sainsbury’s boss warns of labour shortages amid coronavirus outbreak
Former Sainsbury’s chief executive and current non-executive director at Marks and Spencers, Justin King, has warned that supermarkets need to…
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Clothing & Shoes
Stella McCartney reports £11m loss
Fashion retailer Stella McCartney has reported an £11m loss in pre-tax profit for its full-year results, attributed to flat sales…
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Clothing & Shoes
Reiss sales rise 21.9% in full-year results
Fashion retailer Reiss has reported a 21.9% increase in sales to £227.4m in 2019, compared with £186.5m in 2018. For…
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People Moves
Hugo Boss appoints Heiko Schäfer as COO
Fashion retailer Hugo Boss has announced the appointment of Heiko Schäfer as its chief operating officer (COO). As COO he…
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Supermarkets
Tesco launches campaign to match prices with Aldi
‘Big 4’ grocer Tesco has announced it will start to match prices with discount supermarket Aldi on hundreds of grocery…
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Comment
Mitigating the risk of coronavirus to UK supply chains
As manufacturers and retailers run down their ‘pre-Brexit’ stockpiles, pressure on warehouse space in the UK may appear to be tempered for…
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Electrical
Dixons Carphone appoints two new members to its executive team
Dixons Carphone has strengthened its executive team by appointing a former John Lewis Partnership exec to the role of CCO…
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People Moves
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo…
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Department Stores
Debenhams denies lenders’ threat to hold up restructuring over rent cuts
Department store chain Debenhams has denied reports of it telling landlords that its lenders may not sign off a “critical…
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