Planning ahead to secure its Q3 supply chain has been a good move for value retailer Studio Retail Group’s stock position. Especially as 40% of its sales occur in the critical Black Friday and Christmas quarter.
Improving the customer experience is paramount for retailers, and Very Group’s signature online platform has made a major leap in that area. It's moved to a stockless fulfilment model for the Adidas and Reebok brands.
The Barcelona-based label has put its own employees before the camera lens for the new Mango Committed campaign, asking its design, purchasing and merchandising managers to describe their experience with the company.
Under-pressure THG issued a Q3 trading statement on Tuesday and said that revenue continues to soar. Group revenue rose 38% year-on-year to £507.8 million and 93.8% on a two-year, constancy-currency basis.
US retail giant JCPenney has a new CEO and has named Marc Rosen to the post, effective November 1. And Stanley Shashoua, chief investment officer at the firm’s owner, Simon Property Group, becomes executive chairman.
The executive, who has extensive experience boosting the profiles of Western brands in China, is now responsible for managing all of the German fashion company's operations on this essential Asian market.
PayPal Inc said it is not pursuing an acquisition of Pinterest Inc at this time, after several media reported last week that it was in talks to buy the digital pinboard site for as much as $45 billion.
It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.