Asos is restructuring its executive pay to drive substantial shareholder value through share price growth.The proposed ‘Value Creation Plan’ replaces the existing Long Term Incentive Scheme…
Browsing: Retail
Frasers Group is in discussions with Authentic Brands Group for potential operations of Reebok and Champion in the UK and Europe.Talks are underway for Frasers Group…
In an impressive turn of events, Seasalt, a British clothing and lifestyle brand, has reported a significant rise in profits and revenue, signaling a successful year…
TikTok Shop is revising its commission fees for UK sellers, increasing them from 5% to 9% starting 2 September.The platform aims to evolve into the “marketplace…
Crew Clothing is engaged in a legal confrontation with its former CEO, David Butler, over a disputed bonus payment.The company claims Butler misrepresented verbal agreements about…
The Drapers Sustainable Fashion Awards has evolved into the Drapers Conscious Fashion Awards for 2025, reflecting significant progress in sustainability within the fashion industry.The awards coincide…
Italian luxury brand Salvatore Ferragamo has experienced a notable drop in operating profit for the first half of 2024, reflecting challenges in the market.The company’s profit…
John Lewis is initiating a significant restructuring of its buying and merchandising teams in a strategic move under the leadership of Peter Ruis.The transformation involves the…
In July, the UK experienced a noticeable decline in footfall, correlating with political uncertainty.High street footfall witnessed a year-on-year fall of 2.7%, reflecting a shift in…
Amazon’s revenue surged by 10% to $148.0bn in Q2 2024, propelled by North America.Operating income rose by 9% year on year to $14.7bn, driven primarily by…