Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
The American outdoor brand has announced the arrival of Matthijs Visch as its new general manager of EMEA. Having spent 19 years at Nike, Visch was most recently in charge of the company's operations in Eastern Europe.
Gym+Coffee, is continuing its drive into the UK with the opening of its second retail store outside of Ireland. Following an earlier debut at Westfield London, it’s opening in Manchester's Trafford Centre on April 17.
The US sport and sportswear giant has introduced a reconditioned shoes offering. Nike models that are returned as new within 60 days of purchase are reconditioned and then put up for sale at attractive prices.
JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
ASOS released its interim results on Thursday and the fashion e-tail giant confirmed just how strong it is, as its own brands and Arcadia labels boomed. It saw sales rising globally and profits soared.