Rolls-Royce posted a huge loss last year due to the collapse in air travel. Boss Warren East said 2020 had been "unprecedented", with the company making a loss of almost £4bn, after a £583m profit the year before. Rolls-Royce makes most of its money servicing engines, and the Covid-driven fall in...
The John Lewis Partnership has recorded a pre-tax loss of £517 million for the year to 30 January after it incurred exceptional costs of £648 million. The loss compares to a profit of £146 million in the previous 12-month period. The partnership said the costs were mainly the result of a write...
Fashion retailer Ted Baker is to launch a live video shopping feature for customers this month. The company said the new technology will enable it to connect with thousands of consumers through interactive, shoppable live broadcasts on its website. Users will be able to engage with the shopping experience in real-time...
According to new research from EY TaxChat, the majority of the UK’s self-employed workforce is unprepared for the upcoming changes to off-payroll working rules, known as IR35, which come into law in April this year. The research, based on a poll of over 500 self-employed workers, found that only 3% of...
Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts to unspecified beneficiaries....
Sofa retailer DFS has posted a 17.3% increase in group revenue to £572.6 million in the first half of its financial year. In the six months to 27 December, revenue excluding Sofa Workshop climbed by 18.7% to £567.5 million as the company benefited from pent-up demand following the first Covid-19 lockdown...
Jewellery retailer Pandora has said it has been pleased with its performance so far in 2021. In a trading update for February, the Danish company said the number of Pandora stores closed due to Covid-19 fell from around 30% at the beginning of the month to around 25% by the month-end. It...
The Fragrance Shop has launched a new membership scheme called ‘My TFS’. The scheme will offer customers a choice of three plans with different annual fees ranging from £15 to £39. Members will be offered a select number of 20% off vouchers, access to unique offers and other perks all year...
Amazon has opened a till-free convenience store in London’s Ealing today. Called Amazon Fresh, the shop is the online retail giant’s first “just walk out shopping” store outside of the US. To enter the store, customers use the Amazon app on their phone, then shop for what they need. At the...
Capri Holdings, the owner of Versace, Jimmy Choo and Michael Kors, has appointed Alejandro Martinez-Galindo as chief information officer. Due to join the business on 8 March, he will report to Capri Holdings chief financial officer and chief operating officer, Thomas Edwards. Martinez-Galindo was previously chief information officer of Walgreens where he...
Why not sign up for daily news emails?
If you're in the job market, it can be a worrying time with the turmoil caused by the pandemic. You should be registering with consultants you can trust. We can't guarantee our ability to help you, but we can guarantee to safeguard your details. If we get in touch with you it's because there's a role we need to discuss. If we don't, then we'll keep your details live pending future positions.
job seekersRHR has specialist teams in most sectors, from manufacturing to hospitality and from public sector through to retail. We recruit managers and professionals in a wide range of functions, specifically, general management, digital marketing, HR, finance, procurement and supply chain. We have traded for over 30 years and have an enviable reputation for delivery, honesty and integrity.
recruiters