The luxury brand Mulberry reports increased losses and plans a strategic overhaul under new CEO Andrea Baldo.Mulberry’s losses for the half-year widen to £15.7 million, reflecting…
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Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
Frasers Group is anticipating a leadership change with Sir Jon Thompson poised to become chairman by 2025.Currently a non-executive director at Frasers, Thompson has a robust…
Cédric Charbit, after an eight-year leadership stint at Balenciaga, returns to Saint Laurent as CEO, marking a significant reshuffle within Kering’s luxury brands.Charbit previously held a…
Asos has come under scrutiny for increasing its CEO’s pay despite notable losses.José Antonio Ramos Calamonte, Asos CEO, received a substantial 44% pay rise during challenging…
Iceland has relaunched its brand accelerator program, showcasing incredible food innovations.The ‘Brands on Ice’ scheme highlights Iceland’s effort to drive frozen food innovation.Notable brands like Arla,…
Harvey Norman, an Australian retail giant, has made its strategic entrance into the UK with its first English store located in Dudley.The retailer has operated in…
Huel’s significant growth marks a milestone as it surpasses £200m in sales, achieving remarkable profitability.The brand’s pre-tax profit nearly tripled to £13.8m in the last year,…
José Antonio Ramos Calamonte, Asos CEO, experiences a 43% pay increase.Despite the pay rise, Asos reports substantial pre-tax losses.The company’s sales have dropped significantly by 18%.Calamonte…
Morrisons has successfully completed a significant debt restructuring process.The supermarket chain reduced its debt by nearly 40%, from £6.2 billion to £3.8 billion.This achievement was supported…