Fresh from its takeover of Victoria’s Secret’s UK operations, Next is deepening its intimates involvement with the news that Ted Baker has entered into a product licence agreement with Next for lingerie and nightwear.
The London-based shoe brand is combating the issue of old shoes ending up in landfill with the launch of ReVivo, a shoe repair programme. Once repaired, the shoes will be available to buy from a new website.
The ‘Exclusive Live Shopping’ video service links up individual customers at their homes with shop assistants at the department store’s boulevard Haussmann branch; 120 brands are participating in the initiative.
Fresh from reports that Ted Baker is seeking to sell its HQ to generate cash, news has came that the firm is cutting head office jobs with 102 posts being made redundant and another 58 current vacancies left unfilled.
Matchesfashion has poached Amazon executive Ajay Kavan to be its new CEO, replacing Ulric Jerome. He has been a vice-president at Amazon for the past nine years, and will join the luxury fashion retailer on 19 March.