The tough trading backdrop continues to hurt results at Oasis and Warehouse with the year to March 2 showing the firm is still in turnaround mode. But at least pre-tax profit was £1.6m, up from a loss last time.
After leaving France and China, the American fashion chain announced on Wednesday its exit from Japan, scheduled for late October. The departure will see 14 store closures and the folding of its local online store.
Kith's Soho flagship has been filled with museum-quality displays of Barbie dolls, as well as a styling station where dolls can be adorned in a variety of outfits, including Kith-branded Barbie apparel.
Following the spin-off of its denim business earlier this year, the Denver, Colorado-based apparel and footwear company has announced a new strategic growth plan, as well as an updated logo and corporate identity.
The Croatian designer has hired Christophe Mélard, formerly at Sergio Rossi, as his label’s new CEO. He also licensed the production of his ready-to-wear line to Jato Group, and is thinking about showing in Paris again.
Sainsbury’s had good news around its clothing sales on Wednesday as they rose in Q2 after having been less strong of late. But the company had less to shout about around its Argos ops that continued to struggle.