H&M is upbeat despite a tough six months, saying it's on the right path, is improving the product mix, seeing good results from new launches and scaling up tech developments that offer future profit potential.
The brand group announced on Wednesday that it has entered into an agreement to acquire the majority of the North American licensing business, which has a portfolio including Disney, Calvin Klein and Under Armour.
A JD Sports investor group has hit out at executive chairman Peter Cowgill’s pay boost, saying it is “not in line with the rest of the company”, and will ask shareholders to vote against his re-election on Thursday.
John Lewis has announced a major evolution of its strategy “designed to develop and strengthen the business”. And own-brand fashion will be a major part of this as its house brands’ growth outpaces other labels.
The giant Meadowhall mall in Sheffield saw its “most successful” Eid al-Fitr marketing campaign to date, with sales and footfall during the Eid weekend rising and fashion stores seeing higher turnover