UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
In a further sign of how important ethical, sustainable, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Gym+Coffee is flexing for expansion and improved visibility. The Irish athleisure brand has hired the Mongoose marketing agency “to raise awareness of the brand and build on its global community in Europe”.
E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Vetements has increased its number of trademark applications for using ‘VTMNTS’. The information, released by The Fashion Law, reignited debates on the evolution of the ‘street couture’ brand, which is seeking a renewal.
The American luxury resale platform has teamed up with brands including Jacquemus and Stella McCartney to launch ReCollection, an upcycling project repurposing defective items or dead stock from these labels.
Sporting goods maker Adidas has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's western Xinjiang region, three sources said.
Menswear retailer Moss Bros has begun its new monthly subscription-based clothing rental service and hopes the ‘Moss Box’ venture, the first such menswear scheme in the UK, can become the 'new Netflix' of clothing.
Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.