Tag : Paula Nickolds
Consumers “pulled forward” Christmas gift purchases to take advantage of Black Friday discounting, analysts have told Drapers, as multiple retailers report a slump in festive sales.
The ambiguity surrounding outgoing John Lewis & Partners managing director Paula Nickolds’ decision to quit “reflects badly on the business”, the fashion industry has told Drapers.
John Lewis stands firm on price promiseSubscription
John Lewis & Partners has no plans to ditch its ”never knowingly undersold” price matching strategy despite increased Christmas discounting on the high street, managing director Paula Nickolds reiterated today.
Paula Nickolds, managing director, John Lewis Subscription
Paula Nickolds ploughed ahead with her own-brand strategy this year, overseeing the launch of John Lewis & Partners – an 800-piece womenswear collection, which she said was its “most significant fashion investment to date”.
John Lewis has said its half-year profits before exceptional items will be “close to zero” this year, and predicted full-year profits will be “substantially lower” than last year.
As John Lewis opens its experience-led store in Oxford’s Westgate centre, Drapers takes a behind-the-scenes tour to see how the space embodies the business’s ambitious evolution, and seeks to cater for the modern shopper.
Drapers Top 100 2016 – 6. Andy Street, former managing director, and Paula Nickolds, incoming managing director of John LewisSubscription
Street’s position last year: 4 Nickolds’ position last year: 77