Cath Kidston has bowed to the inevitable and filed notice to appoint administrators as coronavirus makes its current turnaround plan a lost cause. A buyer is still being sought with a pre-pack administration likely.
The American sports and footwear giant has announced a series of changes in its senior leadership, appointing Heidi O’Neill as president for consumer and marketplace, Andy Campion as COO, and Matthew Friend as CFO.
TK Maxx has taken a 37,500 sq ft unit at Queensgate shopping centre and is to open a new store in mid 2021, Lendlease and Invesco Real Estate, the global real estate investment manager, have announced.
Korean beauty brand Innisfree is kickstarting 2020 with a new Disney collaboration. The label has given some of its skincare and cosmetics products a makeover featuring some of the most famous Disney characters.
Australian clothing retailer Cotton On Group is reportedly investigating its relationship with a Chinese printing firm suspected of using forced prison labour and which was recently suspended as a supplier by Tesco.