The sale of four Arcadia brands to ASOS on Monday was no surprise. But what was a surprise was that no mention whatsoever was made of the future of store jobs at the Topshop, Topman, Miss Selfridge and HIIT businesses.
Health & beauty retail giant Walgreens Boots Alliance has named Rosalind (Roz) Brewer as its new CEO, effective March 15. She’ll join the board too as she succeeds CEO Stefano Pessina, who’s becoming executive chairman.
Walgreens Boots Alliance Inc said on Thursday it expects benefits from Covid-19 vaccinations to cushion the impact of pandemic-induced restrictions, and stuck to its full-year earnings growth forecast.
Boots has been a drain on its parent company Walgreens Boots Alliance for a while and although WBA said on Thursday that the group’s Q1 trading was better than expected, the UK operation continued to struggle.
Rihanna’s skincare label Fenty Skin is now available in Sephora, Boots and Harvey Nichols in select locations around the world as the line developed in partnership with LVMH’s Kendo Brands continues to grow.
With Mothercare’s radical transformation into an international franchise operation now complete, the retailer is hoping the toughest of years (and some ugly trading figures) are now firmly in the past.