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Analysis: as John Lewis mulls ownership tweak, why is it lagging rival M&S?
Not so many years ago, John Lewis was unstoppable while M&S was in an endless turnaround phase. Today, the situation has reversed and John Lewis is even reportedly thinking of changing its prized ownership structure.
Fashion
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
Fashion
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Fashion
Another strong year for Inditex as sales and profits beat inflation
Inditex’s full-year results on Wednesday saw the Spanish retail giant once again showing why it’s such a dominant force in fashion as sales and profits both soared.
Fashion
Ex-Mothercare chief joins Laura Ashley owner Gordon Brothers in top EMEA role
Mark Newton-Jones, the former head of Mothercare, has joined Gordon Brothers as its senior MD, Head of the UK and EMEA, serving as the top executive for the region.
Fashion
Hermès has strong Q4 and year as fashion ops and watches boom
Luxury giant Hermès on Friday reported a 22.9% jump in Q4 sales as the US boomed and sales in China held up, despite Covid challenges.
Luxury
Jeff Lotman unveils Fred Segal's plans for 2023
Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's expansion.
Fashion
Chateau Orlando: Luke Edward Hall does optimistic fashion
Leave it to Pitti to herald a fresh luxury concept, in this case Chateau Orlando; an unusual hybrid brand where fashion meets décor and design, and the brainchild of Luke Edward Hall.
Fashion
Next beats festive season expectations, but FY23 sales and profits will dip
It’s always encouraging when a closely-watched trading update starts with a line like “sales in the Christmas period have been better than we anticipated”. And so it was with Next on Thursday.
Fashion
Boy Smells: From candles to perfumes, a success story
Founded in 2016, Boy Smells is the brainchild of Los Angeles-based duo Matthew Herman and David Kien, two profiles who came from the fashion industry. FashionNetwork.com met the duo to understand their success story.
Beauty
H&M Q4 sales beat forecasts, but meaningful growth is elusive
The world's second-biggest fashion retailer has reported headline sales for the latest quarter up 10% year on year, which slightly beat analysts’ expectations of a 9.5% rise in the three months to November.
Fashion
Pepco Group powers ahead, continues to outperform wider market
The year to September was one of “continued strong strategic progress” driving profitable growth for the Pepco, Poundland and Dealz owner. Sales and profit soared as shoppers across Europe focused on low prices.
Fashion
New York City chef Maureen Cavalieri expands oeuvre to curated sustainably minded gift boxes
After a career cooking for celebrities, this Manhattan chef is adding another outlet for her creativity: eco-conscious gift-giving.
Fashion
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
Meta Platforms Chief Executive Mark Zuckerberg told employees that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta after its first mass layoffs.
Fashion
M&S sales growth continues, but it warns of tough year to come
M&S’s half-year results on Wednesday showed that the recovering retail giant continues to make progress as it reported higher sales for the half to 1 October.
Fashion
Instagram looking into issues after user complaints
Meta Platforms Inc's Instagram said on Monday it was looking into an issue preventing thousands of its users from accessing the photo-sharing application.
Fashion