ASOS has returned to profitability in its third quarter as its “Driving Change” turnaround strategy delivers results. In the three months to 31 May, EBIT rose by more than £20 million year-on-year despite revenue falling by an expected 11%, or 14% at constant currency, to £858.9 million in the period. While UK...
N Brown Group, the owner of JD Williams, Simply Be and Jacamo, has posted a drop in first quarter sales after poor early spring weather and low consumer confidence impacted trade. The 13-week period to 3 June saw the group’s product sales and financial revenue decline by 11.9% and 6.3% respectively....
Lids has appointed Ariel Sandler as head of brand and collaborations. Sandler previously worked as director of brand marketing at Perry Ellis and prior to that helped lead brand and marketing efforts for the NBA, New Era and StockX, In his new position, he will head up Lids’ new branding department across...
Workers at online giant Amazon have voted to continue their campaign of industrial action for another six months in a dispute over pay. The GMB said its members based at the company’s site in Coventry backed more strikes by 99% on a turnout of 54%. The union said almost 800 Amazon workers...
PrettyLittleThing has announced the launch of their second collection with cancer charity GIRLvsCANCER. The collaboration will host PrettyLittleThing’s first ever post-surgery swimwear collection. Together with online cancer collective GIRLvsCANCER, the brand have created a post-surgery friendly swimwear collection that is both comfortable and empowering while “still making you look and feel...
Games Workshop has announced that it expects its full year revenue to reach a minimum of £440 million compared to £387 million in the previous year. For the 52 weeks ended 28 May 2023, the hobby miniatures company expects licensing income to total £25 million, which is down from the prior...
Asda is holding the prices of over 500 branded and own-branded products as part of a new price lock. Running until the end of August, the initiative covers store cupboard essentials such as cereals, pasta and tea, as well as fresh and frozen items like salads, burgers and ice cream. The move...
Primark will be launching a new Barbie The Movie range early next month in a first collaboration with Mattel. With pink the running theme throughout, the collection has been designed to showcase the Barbie Land logo and features pieces spanning womenswear, accessories, nightwear, home and beauty. Customers will also be shop...
Waitrose has reduced the prices of over 200 everyday products as part of a £100 million investment in helping customers to lower their shopping bills. The supermarket said cuts have been applied across every shopping aisle and include staple items such British butter and tomato ketchup, as well as British cocktail...
Wolverine Worldwide has appointed Melissa Mullen as global brand president of the Sweaty Betty premium activewear brand. While Mullen has worked extensively with fashion, athletic and footwear brands, she was previously vice president and general manager of UK and Ireland at perfumer Jo Malone London. Whilst there, she was responsible for...
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