Tag : John Lewis Partnership
What are the opportunities for Ocado in clothing? Subscription
Online grocery firm Ocado has signalled it may be looking to clothing and homeware for future growth, building on its expertise in “moving things”.
Unexpected warm spell boosts John Lewis salesSubscription
Fashion sales at John Lewis & Partners were up a notable 23.3% year on year for the week to 5 March, boosted by the unseasonably warm weather across the UK.
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.
The John Lewis Partnership, which owns John Lewis and Waitrose, has begun searching for a successor to its longstanding chairman, Sir Charlie Mayfield.
Short sellers bet £800m on M&S share price dropSubscription
Short selling of Marks & Spencer shares soared to a record high as hedge funds placed a collective £800m bet on a slump in share price following the shock profit warning from rival John Lewis last week.
John Lewis Partnership published its annual report yesterday, following up from its results last month, when it reported a drop in pre-tax profits to 62.7% for the 12 months to 27 January.
Rise in own brand fashion sales at John LewisSubscription
Own brand fashion sales at John Lewis and Partners rose by 5.6% last week, following the launch of new ranges.
The BRC has launched an action plan to advance sustainability, development and equality in the retail sector.
Profits before bonuses, tax and exceptional items at the John Lewis Partnership – department store John Lewis & Partners and supermarket Waitrose & Partners – fell 45.4% to £160m for the year to 26 January.
Own brand drives John Lewis fashion salesSubscription
Fashion sales at John Lewis & Partners for the week to 29 January jumped 5% compared with the same week last year, driven by a demand for own-brand fashion.