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Natalie Lee is YNAP's new Asia Pacific General Manager

Natalie Lee is YNAP's new Asia Pacific General Manager

Yoox Net-A-Porter (YNAP) has named Natalie Lee as General Manager for the APAC region. She has extensive experience operating in APAC’s high-growth fashion and e-commerce sector and joins from Vestiaire Collective.
Luxury
Recovery continues at M&S as Christmas quarter's fashion sales rise

Recovery continues at M&S as Christmas quarter's fashion sales rise

​M&S’s powerful recovery story continued over the Christmas period with the UK retail giant saying Thursday that constant currency sales rose 18.6% year-on-year and 8.9% compared to two years ago.
Fashion
ASOS sales growth slows, but UK and US markets are strong

ASOS sales growth slows, but UK and US markets are strong

​ASOS faced “challenging market conditions” in the last four months of 2021 yet still managed to post revenue growth, it said on Thursday as it also announced plans to list its shares on London's Main Market.
Fashion
Meta-works: Online universe becomes lab for real-life products

Meta-works: Online universe becomes lab for real-life products

Online platforms that are precursors of the metaverse vision for the internet's future are already serving as workrooms to develop products destined for real-life sale.
Fashion
Bluewater owner Landsec makes key executive appointment

Bluewater owner Landsec makes key executive appointment

Big appointment for Landsec. The UK commercial property giant has hired Remco Simon to the newly-created role of managing director – Strategy and Capital Markets. Effective immediately, the will report to CEO Mark Allan.
Fashion
Very Group needs to raise its game to compete with Next - analyst

Very Group needs to raise its game to compete with Next - analyst

​Very Group may have had a good Christmas trading period but it needs to up its game to compete with a major rival, analysts said.
Fashion
Bain and CVC to link up on Boots bid - report

Bain and CVC to link up on Boots bid - report

Two of the world’s biggest private equity names are teaming up to bid for giant UK health & beauty retailer Boots. Bain Capital and CVC Capital have thrown their hats into the ring.
Beauty
Selfridges Birmingham branch stays closed after tragic incident

Selfridges Birmingham branch stays closed after tragic incident

​The Bullring, Birmingham branch of luxury department store Selfridges has stayed closed on Tuesday following an incident on Monday evening in which a man died. It’s due to reopen on Wednesday.
Luxury
Yves Rocher appoints Jean-David Schwartz as managing director

Yves Rocher appoints Jean-David Schwartz as managing director

The Rocher group has recently appointed Jean-David Schwartz as managing director of its leading brand, Yves Rocher.
Beauty
Wilko to close 15 UK stores this year

Wilko to close 15 UK stores this year

​Wilko is to close 15 stores in 2022, it announced on Tuesday. The value-focused general merchandise retailer that also sells beauty products has reviewed its store estate as a result of a number of leases ending.
Beauty
December fashion spend rose, but less than hoped for say key retail reports

December fashion spend rose, but less than hoped for say key retail reports

​Consumer spending on essential items grew in December by as much as 13.7% on a two-year basis, but clothing saw slower growth and department stores also lagged compared to supermarkets and discounters.
Fashion
Very Group sees strong Christmas trading, names new chair from Walmart

Very Group sees strong Christmas trading, names new chair from Walmart

Online retail giant The Very Group had a good Christmas as fashion interest spiked, it said on Tuesday as it also announced the arrival of a new non-executive chair.
Fashion
Marble Arch Mound finally closes after months of criticism

Marble Arch Mound finally closes after months of criticism

​It will probably go down as one of the capital's most derided attractions. London’s Marble Arch Mound, the £6 million, 72 ft-high hill folly that claimed the job of Westminster council’s deputy leader, closed on Sunday.
Fashion
UK footfall drops in latest week, London suffers most

UK footfall drops in latest week, London suffers most

​City centre retail destinations may not have actually been deserted in the latest week, but with advice to work from home still in force, footfall to those locations was down by a big percentage in the seven days.
Fashion
Oxford Street remains Europe's busiest shopping hub, Regent Street top luxury attraction

Oxford Street remains Europe's busiest shopping hub, Regent Street top luxury attraction

​London continued to be the shopping capital of Europe in 2021, according to a new report by BNP Paribas Real Estate, with Oxford Street, Regent Street and Covent Garden all scoring highly in terms of visitor numbers.
Fashion
Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

​The Fragrance Shop is planning to add more store to its UK portfolio even though some of its locations are facing challenges due to the rapid shift online of the past few years.
Beauty