LK Bennett surprised the retail sector when it named Darren Topp, ex-boss of failed BHS, as its CEO, but now it seems that Topp is leaving and Erica Vilkauls, who recently ran the failed East chain, is on board.
The billionaire controlling shareholder of fashion retail giant Arcadia has called for an end to the war of words with an MP that has led to ongoing negative press around the business for the past 18 months.
Stories around Sir Philip Green’s intentions for the Arcadia Group stores that he controls continue to surface but one thing is clear - we won’t know the truth of what’s happening until Arcadia decides to tell us.
UK and Spanish fashion retailers may be struggling but landlord Intu managed to report higher profits for 2017. Yet rental growth slowed in a tough market where store spaces are becoming less profitable for retailers.
Pep&Co may be gearing up for major UK and Ireland expansion as it opens in more Poundland stores, but once they’re open, it will be forging ahead without its current managing director and trading director.
Topshop owner Arcadia has given its suppliers notice that it expects a 2% discount on orders, citing the tough retail environment and higher costs, and leading analysts to question how weak current trading might be.
Poland’s LPP has scored a hit with the UK debut of its Reserved chain in London it said as it unveiled strong Q3 numbers. It has returned to profit and plans further expansion, with its Sinsay brand also growing fast.
Debenhams has hired Sara Bradley, who was most recently brand director at BHS International, as its new head of womenswear. The announcement follows the departure of the group's trading director in September.