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Daily Round Up: Fur sales banned in California; Urban Outfitters; Ralph Lauren; the north-south economic divide


From around the web and the nationals

URBAN OUTFITTERS has appointed former lifestyle brand Under Armour president David McCreight as the chief executive of Bohemian brand Anthropologie Group, in a newly-created role, to help halt declining sales, according to CNBC. The company also shuffled other management and is eliminating Anthropologie co-president positions.

THE SALE OF FUR has been banned by a West Hollywood Californian council, despite stiff opposition from the fur industry. It’s the first council area in the US to do so reports The Telegraph,

RALPH LAUREN’S second quarter income from the three months ended October 1 rose 13.8% to $233.5m from $205.2m a year ago. Gross margins, however, fell to 56.6% from 58% in 2010. Total revenues rose 24.3 percent to $1.9 bn from $1.53 bn.

THE DIVIDE BETWEEN REGIONAL ECONOMIES and that of the South-East is growing, according to new research by PwC. Wales and north-east England have suffered the greatest “household financial stress” among UK regions since the start of the recession, while London and the south-east have been the least hard hit.

ALMOST TWO-THIRD OF BRITONS do not want to be bothered by big-name brands on Facebook, Twitter and other social networks, according to a survey by TNS reported in The Guardian.Yesterday fashion retailers H&M, Macy’s and Burberry were among the first businesses to launch on Google’s social network, Google+.

Readers' comments (1)

  • It's not David Creighton -- but David McCreight.

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