Trading stayed challenging at M&S in Q3 with the retail giant reporting just a 0.2% like-for-like sales rise and a total UK sales fall of 0.6%. Yet while Clothing & Home was down, at least the rate of decline slowed.
The Nashville, Texas-based footwear and accessories retailer announced on Friday that it has closed its purchase of NYC’s Togast LLC and also entered into a new license agreement with classic denim brand Levi’s.
Fred Perry, which is opening stores in key location at present, made pre-tax profit of £28.3m in the 12 months to the end of March, a healthy year-on-year rise after it had made £21.3m in the previous period.
Yoox Net-A-Porter has named Fiona Firth managing director of its luxury menswear e-tailer Mr Porter. Firth hasn’t been brought in from outside but has been buying director at the operation since April 2016.
The iconic Brazilian flip-flop brand has entered into a two-year global sponsorship deal with the World Surf League, with plans to activate at six of the organization’s official stages over the next year.