In a collaboration with the Danish design company Hay, the Swedish furniture retailer will be debuting the Ypperlig home collection this fall, which includes a chicer version of its iconic blue carrying tote.
Changes to M&S's fashion offer and a determination not to discount seem to be paying off. Sales aren't yet where they should be but the turnaround is "on track" and fashion sales should turn positive by year-end
The first full week of its summer clearance sale certainly gave John Lewis a boost in the seven days to July 1. The department stores and online retailer saw its sales rising a strong 8.8% to reach £98.73 million.
Next boss Lord Wolfson has urged the UK government to ensure that the country has a smooth and “orderly transition” as it leaves the EU or risk "years of economic decline" for the country as well as issues with staffing.
Apax Partners seems to be the frontrunner to buy fashion and GM e-tail giant Shop Direct, yet it’s still not a one-horse race with US private equity firm Hellman and Friedman also reported to have entered the fray.