Tapestry Inc returned to quarterly sales growth and forecast full-year numbers above analysts’ estimates as the Coach handbag maker benefits from a strong rebound in demand for luxury goods in North America and China.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Bethany Williams is a star in the making. She’s the winner of the 2021 BFC/Vogue Designer Fashion Fund, meaning Williams wins a £200,000 cash prize and bespoke mentoring to take her fledgling business to the next level.
The LVMH Prize 2021 has named its finalists - Bianca Saunders, Charles de Vilmorin, Christopher John Rogers, Conner Ives, Colm Dillane, Kika Vargas, Lukhanyo Mdingi, Nensi Dojaka and Rui Zhou. Three of them are American.
On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
Sosandar has a new head of finance. The online women's fashion retailer has promoted Steve Dilks to chief financial officer with immediate effect. He joined Sosandar last September as finance director.
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