Colin Porter is set to leave his role as CEO of Joules before the end of its 2020 financial year. The announcement comes soon after the news that he will become chairman of Moss Bros to succeed Debbie Hewitt in May.
Klarna, the Swedish payments specialist has a new minority investor - rapper Snoop Dogg via his Casa Verde Capital fund. The company has also just unveiled a new marketing campaign starring the celebrity.
Moss Bros hasn’t had an easy time of it lately but while that meant we might have expected further pain in what has been a very difficult season for the fashion sector, its trading update on Friday wasn’t that bad.
Menswear specialist Greenwoods has become the latest traditional retailer to go under as UK fashion retail goes through a transformational phase and also deals with the impact of the forthcoming Brexit.