The move to using plant-based Materials in place of leather by high-end labels is accelerating and the latest to join an expanding group of brands doing so is Mr P. That’s the in-house brand of the Mr Porter e-store.
Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
Womenswear brand Hobbs has filed its accounts for the year to the end of March 2020 and said that prior to the impact of the pandemic, the company had been performing in line with its forecast expectations.
Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.