Topshop
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Apr- 2025 -25 AprilNews-In-Brief
Today’s news in brief-25/4/25
The John Lewis Partnership has appointed Andy Mounsey as its new chief financial officer, effective immediately. Mounsey, who had been serving as interim CFO since last autumn, brings 13 years of experience within the business, including roles as Group Finance and Strategy director. A chartered accountant with prior experience at…
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25 AprilHigh Street
Topshop to return to high streets through wholesale partners
Asos has signed agreements with a selection of wholesale partners to put Topshop back on the high street, the group has confirmed in its financial results released yesterday (24 April). While these deals will bring the brand back to brick-and-mortar retailers, Asos is still prioritising the relaunch of a standalone…
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24 AprilNews-In-Brief
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free, amid concerns over Chinese companies flooding the market with cheap products. Major retailers like Next, Currys, and Sainsbury’s have warned that such imports could undercut UK businesses. The potential reform…
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24 AprilClothing & Shoes
Asos H1 losses narrow amid turnaround despite sales dip
Asos losses narrowed to £69.5m in the first half of the year, down from a loss of £120m the prior year, the “strongest sign” its new commercial model is working, according to the group. Despite the narrowed losses, sales were down by 13%, driven by continued annualising declines in old…
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Mar- 2025 -31 MarchFeatures
Topshop’s comeback: a boon for the high street?
Topshop is back. Once a beacon of British high street fashion, the brand has teased its return to reclaim its position in the retail landscape. But in an era dominated by digital-first brands, resale platforms, and evolving consumer habits, does Topshop have what it takes to thrive again? The journey…
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12 MarchHigh Street
ProCook appoints new retail director
ProCook has announced the appointment of Joe Pennington as its new retail director. In the past Pennington has held key roles at renowned brands such as Ralph Lauren, Topshop/Topman, White Stuff, and most recently has spent the last eight years with Charles Tyrwhitt. In these previous roles he was said…
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6 MarchNews-In-Brief
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand, which drives the majority of its earnings. Despite a 1.5% increase in group like-for-like sales in early 2025, Poundland has struggled with declining performance, exacerbated by a challenging UK retail…
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6 MarchClothing & Shoes
Topshop teases Oxford Street return in new video
Fashion retailer Topshop has teased a possible return to Oxford Street in a new video posted online. On Instagram, the retailer published a video featuring London mayor Sadiq Khan urging Topshop to make a comeback to the shopping hub. In the clip, Khan reflects on his own experiences with the…
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Feb- 2025 -27 FebruaryNews-In-Brief
Today’s news in brief-27/2/25
Aldi is consulting on a head office restructuring plan that could put 350 jobs at risk, primarily affecting buying, finance, and back-office roles. No customer-facing positions will be impacted, and the company aims to redeploy affected staff where possible. The restructuring aligns with Aldi’s growth strategy, including a £67m investment…
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27 FebruaryPeople Moves
Asos appoints new MDs amid organisational changes
Asos has appointed two new managing directors as part of a series of organisational changes to further align its structure with its strategy and customer-focused approach to driving growth. North America SVP Sean Trend has been appointed to the role of managing director UK and US, while Jag Weatherley, who…
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