Abercrombie & Fitch has appointed Helen Vaid as an independent director. Until this month, Vaid was chief executive of Foundry Brands where she led the acceleration of omnichannel growth for the company’s suite of consumer brands across a range of product categories. Prior to that, she worked as global chief customer officer...
The owners of the Cath Kidston lifestyle brand are said to be considering a sale of the business just eight months after acquiring it. According to a report by Sky News, Hilco Capital, a firm that specialises in buying struggling consumer businesses, has been approached by several interested parties. The news outlet...
Stonewall, Europe’s largest charity for lesbian, gay, bi, trans and queer rights, launched its widely anticipated Top 100 Employers List and Wickes was recognised for its work on supporting LGBTQ+ staff to be themselves at work. Over the past year, Wickes has undertaken significant strides towards creating an inclusive working environment,...
H&M Group has teamed up with Remondis to create a joint venture to collect, sort and sell used and unwanted garments and textiles. Called Looper Textile Co. the standalone joint venture is owned 50% by H&M Group and 50% by Remondis. H&M Group was the first fashion company to launch a garment...
UK retail returns hit record levels in 2022 as the cost-of-living crisis impacted consumer behaviour. Despite online retail purchases falling by 11.5%, returns were 26% higher than 2021, according to new data from returns specialists, ReBound. The spike was due to consumers increasing propensity to return products, with a 10% increase in...
Wilko is planning to cut over 400 jobs across it business in a bid to control costs. According to The Guardian, the cuts will span assistant store manager, retail supervisor and head office manager roles, as well as call centre workers following a drop in sales. The family owned business is also...
500 workers at New Look are at risk of redundancy due to the fashion retailer’s plans to cut the night shift at its Staffordshire warehouse. The company has told 1,200 workers that the warehouse in Newcastle-under-Lyme will only operate a day shift from later this year. Although New Look will be...
Aldi is to create more than 6,000 new roles this year as it continues its UK expansion. The supermarket said in statement that new stores are planned for towns and cities such as Norwich and Newcastle, while shops in Huddersfield and Shrewsbury will launch next month. Aldi currently operates more than 990...
Amazon workers are to embark on a further set of strikes at the the company’s Coventry warehouse. More than 350 staff at the West Midland fulfilment centre will walk out on 28 February, 2 March and from 13 to 17 March. Amazon staff at the Coventry warehouse became the company’s first workers...
Bang & Olufsen has embarked on a new partnership with Scuderia Ferrari for the 2023 Formula 1 season. In addition to Bang & Olufsen’s logo being featured on the cars driven by Charles Leclerc and Carlos Sainz, the deal will include the brand working closely with Scuderia Ferrari to create “best-in-class”...
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