Tag : John Lewis Partnership
Fashion sales down at John LewisSubscription
Fashion sales at John Lewis were down 4.2% year on year last week, despite a 4.8% uplift in total sales.
John Lewis Partnership swung to a loss of £25.9m in the half year ended 27 July 2019, down from an £800,000 profit during the same period last year.
John Lewis blamed a 4.9% dip in fashion sales for the week to 7 September on the annivesary of the launch of John Lewis & Partners womenswear collection, which resulted in a spike in sales last year.
John Lewis poised to reveal lossesSubscription
The John Lewis Partnership is expected to unveil a loss this week, as it reports its results for the first half-year of 2019.
The retail industry has called for the chancellor to urgently review business rates to maintain the UK’s competitive position in the international market, as vacancy rates hit a four-year high and a no-deal Brexit looms on the horizon.
Fashion sales up four weeks running at John Lewis Subscription
Fashion sales at John Lewis were up 6.2% year on year for the week to July – the highest increase of all categories monitored.
The incoming chairman of John Lewis Partnership is certainly a leftfield choice.
New John Lewis chair will bring 'fresh outlook'Subscription
Industry reaction to the appointment of Sharon White as the new chairman of John Lewis Partnership has been mixed, as questions over her lack of retail experience are balanced with the appeal of bringing a “fresh pair of eyes” to the business.
John Lewis names new chairmanSubscription
John Lewis Partnership has named Sharon White – former secretary at the Treasury – as its sixth chairman, replacing Sir Charlie Mayfield.
John Lewis changes pension schemeSubscription
The John Lewis Partnership council has voted for changes to the company’s pension scheme that aim to provide “a more equal distribution of profits” among staff, and save £80m a year.