Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.
Struggling Debenhams is under even more pressure as its shares continued their downward trajectory on Thursday, falling almost 9% in the first couple of hours after the markets opened to trade at less than 5p each.
John Lewis has unveiled its Christmas ad with the big reveal of what has come to be the most anticipated UK festive campaign being less of a surprise this year given that Elton John’s involvement was flagged in advance.
The reality TV star and makeup mogul has unveiled a bumper cosmetics collection via her KKW Beauty brand, dubbed ‘The Glam Bible Smokey Volume I', which the label says contains the star's "must have essentials."
Hong Kong has taken over from New York as the city with the most expensive street as far as retail rents are concerned but Paris and London rents are growing fastest for luxury labels, two new reports show.