Asos has had its challenges in recent periods and its share price has suffered, but the shares rose on Wednesday morning after the company said it has beefed up its board with some key non-exec director appointments.
The American subsidiary of the Japanese lingerie company has announced that it has named Mitch Kauffman as its new president and CEO, roles in which he will succeed Bob Vitale, who is leaving the group after 22 years.
Deutsche Post DHL set a new target for an operating profit of 5.3 billion euros for 2022 and plans to invest heavily in areas like warehouse automation and analytics as it aims to keep up with fast-growing e-commerce.
The retail chain announced on Tuesday that it has completed the sale of its remaining European real estate and joint ventures to Signa Retail, as the company seeks to focus its attention on its North American operations.
Stitch Fix Inc forecast current-quarter revenue below analysts’ estimates on Tuesday after reporting better-than-expected quarterly earnings, as it cut marketing spending and increased technology investment.
Selfridges is continuing to focus on attention-grabbing experiences and its latest move means visitors to the Oxford Street flagship in London can find an exclusive AR experience via shoe brand Auxiliary.