Amazon is losing its UK head with Doug Gurr to become the director of the Natural History Museum. It’s a surprise move on the surface with the exec having been at Amazon for nine years, and previously working at Asda.
There was a huge upset at Debenhams on Thursday as a major shareholder lost patience with its top two execs. The result is that its chairman stepped down after the AGM and the CEO has been voted off the board.
Wool has long been used by suit-makers. Now, the surge in popularity is being driven by fitness and leisure clothing manufacturer, but the drought savaging Australia's east, is hitting flock numbers and production.
Balmain will launch a mini capsule collection this month with Beyoncé, entitled BalmainxBeyoncé, and debut it in Paris. And the famed Paris house plans to roll out the collection internationally on July 14.
Pre-tax profits at luxury London store Harvey Nichols more-than-halved in the year to April 2 as the company invested in a huge menswear refurbishment at its London flagship and closed the department for 10 months.