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Condé Nast names new chief product and technology officer

Condé Nast names new chief product and technology officer

Sanjay Bhakta will start his new job on 27 January, overseeing all areas of Condé Nast’s global technology strategy and services and product development. 
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Miscellaneous
M&S adds new retail and property roles as part of growth plan

M&S adds new retail and property roles as part of growth plan

M&S is focusing heavily on its retail operations and said that it has added two key new roles to the organisation to help it build “a store estate that’s fit for the future with industry-leading store operations”.
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Ready-to-wear
Under-pressure Sainsbury's CEO announces retirement, Roberts steps up

Under-pressure Sainsbury's CEO announces retirement, Roberts steps up

Sainsbury’s CEO Mike Coupe, has bowed to the inevitable and is stepping down from his role in May. He’s being replaced by current Retail and Operations Director Simon Roberts, who’s been at the firm for three years.
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Miscellaneous
Burberry hails strong Q3, sales rise despite Hong Kong halving

Burberry hails strong Q3, sales rise despite Hong Kong halving

Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.
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Ready-to-wear
Winter Love Island to "boost economy" as beauty sales soar at Argos

Winter Love Island to "boost economy" as beauty sales soar at Argos

The winter version of Love Island is having a big impact on product sales in Britain, a release from general merchandise retailer Argos claimed on Tuesday, with beauty tools and other products surging.
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Swimwear
Jigsaw to close luxe emporium The Shop at Bluebird this weekend

Jigsaw to close luxe emporium The Shop at Bluebird this weekend

The Jigsaw-owned luxury multi-brand store The Shop at Bluebird is to close on Sunday, a further sign of the challenges in the UK retail sector at present.
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Ready-to-wear
L'Oréal, Unilever among global companies leading the way on tackling climate change: CDP

L'Oréal, Unilever among global companies leading the way on tackling climate change: CDP

L'Oréal and Unilever are among the major brands to appear on the 2019 Carbon Disclosure Project (CDP) ‘A List.
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Ready-to-wear
UK retail fell in 2019, retailers must up their game this year says BDO

UK retail fell in 2019, retailers must up their game this year says BDO

The UK recorded another year of falling average annual like-for-like (LFL) in-store sales in 2019, new figures from BDO’s High Street Sales Tracker (HSST) showed at the weekend.
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Miscellaneous
Beales files for administration, but business as usual for now

Beales files for administration, but business as usual for now

It has survived for almost than 140 years, but department store chain Beales has gone into administration Monday as urgent talks to find a buyer failed to produce an offer for the firm.
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Miscellaneous
Intu confirms plan to raise more funds to cut debt

Intu confirms plan to raise more funds to cut debt

Under-pressure shopping centres giant Intu confirmed on Monday that it’s taking action to deal with its large debt load and said it “continues to make progress in its strategy to fix the balance sheet”.
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Miscellaneous
Strong Black Friday hurt rest of Christmas for struggling retailers says GlobalData

Strong Black Friday hurt rest of Christmas for struggling retailers says GlobalData

The full line-up of Christmas trading statements may not yet have been released, but plenty have already come out and it’s clear that Black Friday’s success could have dealt a crushing blow to Christmas trading overall.
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Miscellaneous
Landsec signs deals with big names including Zara, Radley, Calvin Klein

Landsec signs deals with big names including Zara, Radley, Calvin Klein

Property giant Landsec has signed deals with 25 brands covering 139,900 sq ft across its shopping sites with big UK and international names having just joined or set to join its line-up.
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Ready-to-wear
Richemont sales rise offsets Q3 Hong Kong weakness, but fashion ops dip

Richemont sales rise offsets Q3 Hong Kong weakness, but fashion ops dip

Swiss luxury group Richemont had good news and bad for its latest quarter as Fashion & Accessories sales fell, but it saw good growth overall in most of its markets for the wider business.
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Luxury
Nivea-maker Beiersdorf optimistic for 2020 despite slowdown

Nivea-maker Beiersdorf optimistic for 2020 despite slowdown

German consumer goods firm Beiersdorf said it was “cautiously optimistic” for 2020, despite reporting another quarter of slowing sales growth for its skincare and adhesives units.
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Cosmetics
Seven Weinstein jurors picked as model Gigi Hadid is excused

Seven Weinstein jurors picked as model Gigi Hadid is excused

Seven jurors were picked for fallen film producer Harvey Weinstein's rape and sexual assault trial on Thursday as model Gigi Hadid was excused from serving owing to her fame.
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Miscellaneous
Lindex owner Stockmann expects higher profits as both brands improve

Lindex owner Stockmann expects higher profits as both brands improve

When retailers put the words ‘profit warning’ at the start of a press release these days, it’s always bad news. But in the case of Lindex owner Stockmann, it wasn’t. In fact, profits will be higher.
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Ready-to-wear