Footwear chain Office is up for sale with reports that its South African owner Truworths is seeking a quick exit from the UK-based brand that has had more than its fair share of problems in recent years.
JD sports is the latest big-name retailer to withhold rent. The quarterly rent that was due last week on its UK stores hasn't been paid and it's believed to be talking to its landlords about the bill that’s due in June.
China’s JD.com Inc on Monday forecast an at least 10% rise in revenue for the coronavirus-hit first quarter, benefiting from partnerships with supermarkets as shoppers chose to stay indoors due to fears of infection.
The American sports and footwear giant has announced a series of changes in its senior leadership, appointing Heidi O’Neill as president for consumer and marketplace, Andy Campion as COO, and Matthew Friend as CFO.
Last year, Gap, Pimkie and H&M left the Parisian mid-market commercial thoroughfare, while Parfois and Tezenis came in, ahead of JD Sports and the re-opening of the La Samaritaine shopping centre in spring 2020.