There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.
Fashion e-tailer N Brown has delivered full-year results for the period to the end of February and it's no surprise that they were weaker than the previous financial year. But the company seemed upbeat for the future.
M&S has unveiled a major realignment of its senior leadership team with CEO Steve Rowe making the changes after saying the firm has finished the ‘Fixing the Basics’ part of its strategy and is ready for the next step.
Arthur Beale, one of the oldest stores in London, is to close permanently next month. The storied yacht chandler on Shaftesbury Avenue, adjacent to Covent Garden, is to shut its doors after 150 years in the location.
John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.
The H&M Home x Diane von Furstenberg collection launches next week featuring the “bold prints that von Furstenberg is renowned for, such as zebra and leopard, a kissable lip pattern and abstract signature lettering”.
The headline news may have been about John Lewis's pre-tax loss of £517m in the year to January. But more newsworthy was that it said “we do not expect to reopen all our John Lewis shops at the end of lockdown”.
Retail giant Inditex hasn’t come out of the pandemic year unscathed. But the strength of its business model appears to have carried it through so far and its performance since its fiscal year ended has been encouraging
It took the pandemic to shift all sales operations online. So clothing, lifestyle and accessories retailer Skinnydip London introduced automated merchandising and A/B testing technology to boost its digital operations.