Can Next do no wrong? Well, it’s got it wrong at times in the past but in recent years it’s been on a roll and this doesn’t seem to have changed in the latest quarter, despite the undeniably tough backdrop in its core UK market. Next The fashion-to-home-to-beauty retailer said on Wednesday that in the … Read more
Just a day after news of Ted Baker closing a third of its UK stores, it has been reported that two serial acquirers of distressed businesses have expressed an interest in taking on the operation. Ted Baker And who are they? Step forward the usual suspects, Frasers Group and Next. A report in The Times … Read more
By Bloomberg Published Mar 26, 2024 Canada Goose Holdings Inc. is cutting 17% of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales. Canada Goose The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20% the previous two periods. … Read more
Ah, the great British high street. Over the years—especially the past, say, five to ten years—there’s no denying that the high street has faced some turbulent times. The rise of online shopping already seemed like an insurmountable challenge to overcome without the onset of a deadly virus that caused an unprecedented shutdown of physical shops and … Read more
Canada Goose announced on Wednesday the appointment of Beth Clymer to the newly created position of president, finance, strategy and administration, starting January 8. Beth Clymer – Courtesy Clymer will oversee the luxury down jacket maker’s finance, people and culture, corporate strategy and legal, partnering with the current leaders who drive these functions. Both Clymer … Read more
