Business

Jaeger to cut 233 jobs and close all stores as M&S finalises deal

The joint administrators of Jaeger have announced that 233 jobs will be lost at the fashion retailer following the completion of its acquisition by Marks & Spencer. Advisory firm FRP announced Friday that it has secured a deal for the sale of the stock and supporting marketing assets of the Jaeger brand to Marks and Spencer. As part of the deal,...

2 hours ago

Fashion

Simone Rocha named as the next H&M designer collaborator

London-based, Irish designer Simone Rocha, a favourite with press and buyers at London Fashion Week, has been announced as the next designer to collaborate with H&M. The Simone Rocha x H&M collection will launch on March 11, 2021, and will feature Rocha’s signature womenswear, alongside menswear and childrenswear. This will mark the first time...

4 hours ago

Business

N Brown sales drop by 8.8 percent but recover over Q1

Product revenue at N Brown Group plc continued to recover from the sudden and sharp decline experienced in the first quarter of FY’21 caused by the impact of Covid-19. Group revenue declined 8.8 percent compared to 21.9 percent drop in the first quarter. Within apparel, the company saw strong growth in leisurewear and nightwear offset by a...

6 hours ago

Business

Canada Goose appoints Scott Cameron as President APAC and Michael Armstrong as new board member

Canada Goose has announced the appointment of Michael D. Armstrong, Executive Vice President, ViacomCBS, to the company’s board of directors as an Independent Director, effective immediately, and the appointment of Scott Cameron as President, Asia-Pacific (APAC), effective April 1, 2021. Canada Goose names Michael Armstrong as independent...

9 hours ago

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