As the gap widens between the best-performing companies and the rest, M&A activity will increase as leaders manoeuvre to take market share, unlock new opportunities and expand capabilities.
Amplified by a potential power shift from landlords to retailers and the need to seamlessly embed digital, companies will need to make tough choices to improve their return on investments.
The British fashion retailer will receive turnover-based leases at 402 stores to help it weather the coronavirus crisis.
The UK retailer has asked landlords to agree new turnover-based leases at 402 stores to help get it through the crisis.
The UK retailer seeks turnover-based leases at 402 stores to cut costs and ensure its survival.
This week, Cosmopolitan taps Essence’s global beauty director, while Ted Baker promotes its CFO to lead the company.
This week, Stitch Fix taps its president from Bain & Company, while Topshop’s CEO of two years steps down.
The British high street chain reported statutory loss before tax of £522.2 million for the year ended March, compared with a loss of £190.2 million a year earlier.
Forever 21 is the latest fast fashion giant to join the exodus, but why have brands like Topshop, New Look and Asos retreated from China while others like Uniqlo and H&M seem to have cracked it? Read China Decoded to make sense of the market.
Following a debt-for-equity swap in January to reduce its debt by £1 billion, the British fashion chain is focused on driving more profitable sales.
The agreed debt-for-equity swap proposal will reduce its long-term debt by £1 billion.
The decision to exit China is part of a review of New Look's international strategy, which is continuing.