Ted Baker has hired California-based consultants Korn Ferry to help it find a replacement for chairman David Bernstein, who is stepping down next year. It follows a series of scandals at the embattled fashion brand.
M&S is reportedly planning to downsize the space it controls in around 20 of its largest retail locations with under-used upper floors potentially being converted into offices or even residential space.
The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.
John Lewis’s plan to boost menswear has taken a major step forward with the opening of its revamped Oxford Street, London flagship, with a VIP aspect, styling and grooming advice and a new fitting room approach.
The Nashville, Texas-based footwear and accessories company announced third-quarter earnings that comfortably beat analysts’ expectations on Saturday, even though the group’s sales registered a slight decline.