Gap appoints Nancy Green as CEO of Old Navy
October 9, 2020 9:19 amGap has announced that Nancy Green has been appointed as president and chief executive of its Old Navy business on a permanent basis. Green has been... View Article
Tag Archive: fashion retail
Latest News: fashion retail
Boohoo reports strong first half sales and profit increase
October 1, 2020 12:08 pmOnline fashion retailer Boohoo has grown its first half sales and profits after it benefited an increase in basket size and from customers returning fewer items... View Article
Superdry losses almost double
September 21, 2020 2:51 pmSuperdry saw its losses almost double in the year to 25 April after revenue dropped by 19.2% to £704.4 million. The fashion retailer posted a statutory... View Article
Next raises profit forecast
September 17, 2020 12:06 pmNext has raised its profit guidance for a second time after trading throughout the coronavirus pandemic was more resilient than expected. The fashion and homewares retailer... View Article
New Look asks landlords to move to turnover based rents
August 27, 2020 5:34 amFashion retailer New Look has asked landlords to switch rents to a turnover based model on 402 stores as part of a newly launched company voluntary arrangement proposal. If... View Article
River Island to cut 350 jobs
August 13, 2020 7:53 pmRiver Island is set to cut 350 jobs across its retail teams as it battles against the effects of the coronavirus crisis. In a letter sent to staff by chief... View Article
Superdry secures £70m in extra funding
August 10, 2020 12:26 pmSuperdry has agreed a £70 million extra funding deal with its banks to help it through the coronavirus crisis. The new asset backed lending facility provided by HSBC and... View Article
M&Co to axe 380 jobs as part of restructuring
August 5, 2020 11:53 amFashion retailer M&Co has completed a financial restructuring exercise which will save 2,200 jobs, although 380 roles will be made redundant. The company has also been put into... View Article
French Connection secures funding from Hilco
July 27, 2020 6:00 amFashion retailer French Connection has said in-store sales have been impacted by low footfall since they reopened after the Covid-19 lockdown as it also reported that it... View Article
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