John Lewis boss Dame Sharon White is calling on the UK government to introduce a financial support package to protect families from the cost of living crisis, similar to the one delivered during the Covid pandemic.
Consumers are likely to boycott brands not being seen to do the right thing in the face of the Ukraine-Russia crisis, a report claimed on Friday. It came at the same time as a double-digit inflation warning.
John Lewis Partnership slashed its losses last year as sales recovered. And it has restored its staff bonus while the John Lewis chain was the growth star during the year and will see plenty of investment in 2022.
John Lewis will post its annual results next week and analysts are expecting a return to profit of at least £100 million. It's also working with suppliers to “review products that have components of Russian origin”.
Fashion Network toured Milan's showroom of 100-plus presentations, testifying to Italy’s clear exit from the pandemic. Even if everyone is braced for another global downturn and deep concern about Ukraine.
On Monday, Hermès announced it is “expanding the composition” of its executive committee by adding as new members the group’s head of HR Sharon MacBeath and the fragrances & beauty division’s CEO Agnès de Villers.