Monday, December 31, 2012

Britain's greatest clothes retailer show an improvement

By Arlene Howard


ASOS, that's bucked the gloomy pattern in the united kingdom retail sector using a forty p.c leap in yr profit, targets young ladies looking to emulate the designer appears of celebrities for example Nicole Scherzinger, Tulisa Contostavlos and Pixie Lott. Customers should purchase ASOS' very own tag items and a choice of third-party manufacturers, as well as boutique brands and previously-owned item on ASOS Market. The Covetique offer signifies its first foray into the luxurious resale market. The marketing campaign can be adopted using the Twitter hashta. BestNightEver, which doubles as the identify. The a few stars will be offering interviews, submitting pictures and video clips and offering trend and beauty guidance by means of Instagram, Fb as well as other well-known social networking sites.

Asos carries more than fifty,000 items from various brand names coming from Britain, The usa, France, Germany, Spain, Italy and Australia. In July, the net retailer claimed to have eight.7 million customers and 16.six million visits from individual customers each month. LONDON - Bellwether British retailer Signifies & Spencer said on Monday it had made more changes to its non-food management team as it seeks to address a fall in sales. Chief Executive Marc Bolland cautioned that the new team's impact would not start to come by means of until the firm, Britain's biggest clothing retailer, launched autumn/winter collections in July next year.

Bolland had told Reuters in September that M&S' 2013 spring/summer ranges would display some of the team's new buys. In July M&S posted its worst underlying quarterly sales performance for three as well as a half years. The group publishes its initial half results on Tuesday where it is expected to report a 2.5 % fall in second quarter underlying general merchandise sales and an 11 p.c fall in initial half revenue. M&S said it had promoted Frances Russell to the position of director of females swear with immediate effect. Russell, a former director of Philip Green's Arcadia, has been at M&S for four years, most recently as director of lingerie and wonder. M&S said Annette Browne, the women swear trading director had stepped down from her role and left the retailer.

It also said Janie Schaffer, currently chief creative officer at Victoria's Secret, will succeed Russell as director of lingerie and sweetness early next year. The latest appointments complete the senior general merchandise team of John Dixon, who moved from food to succeed Kate Bostock because the division's head last thirty day period. Bostock has since joined on-line style retailer ASOS.

Belinda Earl, the former CEO of Debenhams, Jaeger and Aquascutum, joined as style director in September, Stephanie Chen is now running the kids and home team and Scott Fyfe takes up his new role as director of menswear next thirty day period. LONDON - Signifies & Spencer (MKS.L) is expected to report lower first-half sales and profits next week, ratcheting up the pressure on its chief executive at a time when the retailer's shares are on the rise thanks to bid speculation. Although analysts expect second-quarter sales at Britain's greatest clothes retailer to show an improvement on the initial quarter, they also anticipate the 128-year-old firm will post an 11 percent fall in first-half revenue.




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1 comment:

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