An influential N Brown investor has asked shareholders to vote against the retailer’s remuneration policy at its AGM on Tuesday, saying that executive bonuses are not linked closely enough to performance.
Struggling Debenhams faces a fresh challenge with credit insurers tightening up the terms for its suppliers, suggesting a lack of confidence in its turnaround. But the company has denied it’s facing a cash crunch.
As one report shows June footfall to stores continued to drop, another regular report shows actual spending in physical stores rose. Not only that, the rise beat e-commerce spending for the second consecutive month.
A key monthly UK retail report for June seems to show that British shoppers are still turning away from physical stores and that a slight recovery seen in June in year ago was just a flash in the pan.
Luxury lingerie brand Coco de Mer has launched its latest campaign which has been shot by Rankin. And the company said its new creative imagery for AW18 “features an unusual step towards a more futuristic aesthetic.”
Premium UK fashion brand Ted Baker has signed an exclusive new licensing agreement with Israeli’s Delta Galil Industries, the multi category manufacturer that is particularly strong in the intimates and denim sectors.
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive.