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Salesforce appoints new board directors amid activist investor pressure

Salesforce appoints new board directors amid activist investor pressure

Salesforce Inc on Friday named three new board directors, amid pressure from activist investors for better cost control and a management shakeup at the cloud-based software firm.
Fashion
Discounts not enough? CBI cites early signs that January retail has been weak

Discounts not enough? CBI cites early signs that January retail has been weak

What did Friday’s CBI survey report show for January? Lower sales volumes as retail got off to a slow start despite the clearance sales. They're expected to decline again next month too, “but at a slightly slower pace”.
Fashion
Julie Harris becomes Hyve Group non-exec

Julie Harris becomes Hyve Group non-exec

​Global events company Hyve Group has appointment Julie Harris as a non-executive director, effective 2 February. She will take on the role of Environmental, Social and Governance (ESG) Committee Chair.
Fashion
Lark London store heading outside the capital to land in Woking

Lark London store heading outside the capital to land in Woking

Lark London is embarking on its first retail venture outside the UK’s capital (but not too far out). The independent lifestyle boutique brand is to open at the Victoria Place shopping centre in Woking, Surrey, in March.
Fashion
Adaptista announces scholarship with British Academy of Fashion Design

Adaptista announces scholarship with British Academy of Fashion Design

Online fashion marketplace Adaptista has partnered with the British Academy of Fashion Design to launch a scholarship programme aimed at encouraging people with disabilities to pursue an education in fashion design. 
Fashion
Pure London launches 'sustainability toolkit' for next month's event

Pure London launches 'sustainability toolkit' for next month's event

Pure London will be launching The Independent Fashion Retailer Sustainability Toolkit on the Sustainability stand during its 12-14 February trade show at Olympia London.
Fashion
Patou: Polished, pretty and powerful in Samaritaine

Patou: Polished, pretty and powerful in Samaritaine

Fashion weeks never seem to stop in Paris. On Friday morning, the day after the haute couture season ended, Patou unveiled its Fall/Winter 2023 ready-to-wear collection. Guillaume Henry’s best for the house.
Fashion
H&M's profit tumbles more than expected as costs bite

H&M's profit tumbles more than expected as costs bite

Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.
Fashion
Poundland to expand further in UK, increase Pep&Co presence

Poundland to expand further in UK, increase Pep&Co presence

​Pepco’s budget chain Poundland is continuing to invest heavily in its stores this year with the creation of hundreds of new jobs and opening/relocation plans that will also see expansion for the Pep&Co clothing line.
Fashion
ASOS names key finance exec to team

ASOS names key finance exec to team

ASOS is doubling down on its efforts to kickstart its recovery and has reportedly appointed a senior restructuring executive to its finance department, as it continues to talk to its syndicate of lenders.
Fashion
Mixed news from Superdry as Christmas is strong but wholesale lag dents profits

Mixed news from Superdry as Christmas is strong but wholesale lag dents profits

​Superdry reported “strong” Christmas trading on Friday and generally rising sales, but it scaled backs its profit forecast to "breakeven" and stayed cautious on its outlook for the rest of the year. 
Fashion
Australia regulator to probe social media influencers for false endorsements

Australia regulator to probe social media influencers for false endorsements

Australia's competition regulator said on Friday it would check whether influencers on social media platforms had failed to disclose their affiliation with the brands they were promoting.  
Fashion
Visa profit beats estimates on resilient consumer spending

Visa profit beats estimates on resilient consumer spending

Visa Inc's first-quarter profit beat Wall Street targets on Thursday as its payments volume held steady with Americans still spending on international travel despite an economic slowdown.
Fashion
After the sales come the returns, and fashion tops list of most likely items

After the sales come the returns, and fashion tops list of most likely items

Returns season is upon us, and it’s going to be a particularly busy period, especially for the fashion and beauty sectors, a survey says. Gifts worth £232 million will be returned in the UK, a poll of 2,000 people shows,
Fashion
Thom Browne takes control of its South Korean operations

Thom Browne takes control of its South Korean operations

The luxury brand of the eponymous designer has reached an agreement with its partner Samsung C&T Corporation to take over direct operation of its business in South Korea through the creation of a new company.
Fashion
Shein calls on young designers

Shein calls on young designers

The Chinese e-tailer intends to support new talents via its Shein X programme, which has already supported 3,000 designers, investing 55 million dollars. A fashion show will be organised in Paris in June.
Fashion