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TM Lewin enters administration

Menswear retailer TM Lewin has entered administration for the second time in two years. Will Wright and Chris Pole from Interpath Advisory have been appointed as joint administrators and are now exploring options for the company, including a sale of the business and its assets. Founded over 120 years ago, TM Lewin...

About 2 years ago

Ocado sees slowdown in sales

Ocado saw first quarter revenue at its online joint venture with Marks & Spencer decline by 5.7% year-on-year after it was impacted by a return to a more normal pre-Covid trading environment. However, sales were up 31.7% when compared to the first quarter of 2020. While the retailer’s active customer numbers grew...

About 2 years ago

H&M sales grow 23% year on year

H&M reported a 23% rise in first quarter sales on Tuesday, which was in line with market expectations, as the world’s second-biggest fashion retailer attempts to build on its recovery from the COVID-19 pandemic. Shares in Sweden’s H&M, which did not give any comment in its statement, were down 3% in...

About 2 years ago

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