Business

Matalan hires former New Look boss as interim CEO amid sales process

Matalan has announced the appointment of former New Look boss Nigel Oddy to interim CEO as the retailer undergoes a formal sales process and growth strategy. Oddy will join the company from October 3 following his departure from New Look in June where he was credited with navigating the pandemic and delivering on an omnichannel strategy. He has...

Fashion

Bottega Veneta stands out in a week of contrasts

Milan fashion week was a city of contrasts. There were debuts at Salvatore Ferragamo, Missoni, Bally and Etro, a seventy year anniversary at Moncler, and a sophomore landing at Bottega Veneta. At Ferragamo, the ‘Salvatore’ was dropped in favour of a more contemporary, if familiar logotype, under incoming designer Maximillian Davis. Shown on the...

Business

JD Sports reportedly considering offloading brands to focus on sports model

Retail group JD Sports is reportedly in talks to potentially offload a number of its brands within its fashion and beauty portfolio as it looks towards sports and outdoor focused business models. According to Drapers, a source said that the company, which owns the likes of Tessuti, Size? and Go Outdoors, is possibly considering selling some of...

Retail

Cost-of-living to cause Christmas footfall to drop

The ongoing cost-of-living crisis is going to cause a “challenging run-up to Christmas” for retailers, with month-to-month footfall forecasted to decline in September, October and November, according to Springboard’s Christmas retail forecast. Retail intelligence experts Springboard forecast that all UK households will “feel the pinch" due to...

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