×
1 226
Fashion Jobs
SHISEIDO
National Account Manager
Permanent · London
TIMBERLAND
Credit Controller - French Speaking - Timberland
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
BRAND STABLE LTD
Wholesale Sales Executive
Permanent · LONDON
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 16 Hours - Part Time, Permanent
Permanent · High Wycombe
ESTÉE LAUDER
Clinique - Consultant - Moores, Coleraine - 12 Hours - Part Time, Permanent
Permanent · Coleraine
ESTÉE LAUDER
Clinique - Consultant - Boots, Barnstaple - 7.5 Hours - Part-Time, Permanent
Permanent · Barnstaple
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place - 37.5 Hours - Full Time, Permanent
Permanent · London
Advertisements
Published
Sep 14, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

TK Maxx now sixth biggest UK fashion retailer

Published
Sep 14, 2020

TJX’s TK Maxx operation in the UK now has a larger market share in fashion than Topshop, a report said at the weekend.


TK Maxx



The company, which sells globally sourced close-out merchandise from mass, middle and high-end labels, as well as its own brands, said it now has sixth place in UK fashion. And it added that it’s confident for the near future with expectations of plenty of stock being available to help create a “very exciting” mix in the second half.

Deborah Dolce, director of TJX’s, European division, told The Guardian that the firm’s agile buying approach means it can take advantage of the large amount of inventory currently in the market due to the Covid crisis. She also said the firm’s business model allows it to respond to hot categories such as beauty, homewares and kidswear currently, with its modular stores able to adapt quickly to the product mix.

Its strategy also allowed it to cope with the lower demand during lockdown as it buys “little and often”.

The newspaper said that in the month between stores reopening in July and 1 August, sales in the international arm that is mainly the UK business (but also takes in Germany, Ireland, Poland, the Netherlands and Australia), were down by only 1% year-on-year. And the the UK e-store performed better (although no figures were shared by the firm).

Not that the company’s recent few months have been a triumph. In the quarter to 1 August, international division sales fell 31% to $880 million (£690m) due to store closures and the unit made a $131 million loss from a $50.4 million profit a year earlier.

The UK arm of the company will report its results for the year to February 2020 next month.

Copyright © 2021 FashionNetwork.com All rights reserved.