Just when the first chill winds of schadenfreude were swirled around Hedi Slimane’s tenure at Celine, along came the creative director to silence his doubters with a brilliant video and teen rebel collection.
M&S has made two major appointments as Fiona Lambert joins to “lead the repositioning of Jaeger as an independent brand within M&S” and Anna Braithwaite works “to drive changing customer perceptions" of the M&S brand.
Pressure is building on the UK government to introduce an online sales tax in response to a major imbalance in trading conditions that has seen digital retail boom during a pandemic that has devastated physical stores.
Despite awful retail footfall figures for January, lockdown fatigue and pent-up desire to go non-essential shopping is simmering. So expect a bounce-back when the world of retail fully reopens, says Springboard.
Peter Ruis, the UK fashion executive who used to run Jigsaw and was Executive Buying & Brand Director at John Lewis, is moving to Canada to run Indigo, the country’s largest books and lifestyle retailer.
Stockmann has updated its guidance and written down the value of its Lindex chain following an ‘impairment test’ for the business, even though Lindex’s performance has been fairly strong in recent periods.
Large-scale store openings may be on hold due to Covid, but with China already recovering, it’s being prioritised. H&M Group said on Friday that Nordic lifestyle brand Arket will open a flagship in Beijing this autumn.