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Michelle Russell

Pentland Brands FY boosted by sports brands

17 July 2017 | Michelle Russell

Pentland Brands, owner of the Berghaus, Speedo and Ellesse labels, achieved record performances for a number of its sports brands in its last fiscal year despite challenging global market conditions.... read more


Pentland Brands appoints new CEO in management reshuffle

9 September 2020 | Michelle Russell

Pentland Brands has made a number of management changes, including the appointment of Chirag Patel as chief executive officer.... read more


Pentland Brands strengthens Berghaus product team

18 December 2019 | Michelle Russell

Pentland Brands has appointed former Nike and Columbia Sportswear executive Paul Anderton as head of category for product innovation for the Berghaus brand.... read more


JD Sports fined over breach of order in Footasylum case

5 August 2020 | Michelle Russell

JD Sports Fashion and its largest shareholder Pentland Group have been fined by the UK Competition & Markets Authority (CMA) for breaching an order related to its acquisition of Footasylum.... read more


UK: Ted Baker FY growth encourages City

20 March 2014 | Michelle Russell

Ted Baker continues to provide an "encouraging growth story", analysts say, after the apparel lifestyle brand revealed a 35% increase in full-year earnings and sales growth in all its regions.... read more


Ted Baker online sales boost “strong” H1

6 October 2015 | Michelle Russell

Lifestyle brand business Ted Baker has revealed “strong” first-half sales and earnings thanks to growth in e-commerce and the US market.... read more


Ted Baker makes strong start to year

12 June 2015 | Michelle Russell

Lifestyle brand business Ted Baker said it has made a strong start to the year as it revealed revenue growth and margins in line with expectations.... read more


Ted Baker shares slide on challenging outlook

22 March 2018 | Michelle Russell

UK lifestyle brand Ted Baker saw its share price slide 5.5% in morning trading after cautioning on a challenging global trading environment looking ahead.... read more


Ted Baker "on track" for FY as sales climb

14 June 2016 | Michelle Russell

Ted Baker says it is on track to meet its expectations for the full year as the lifestyle brand revealed an 11.3% increase in sales for the first 19 weeks of the year. ... read more


Ted Baker hails performance as Q3 sales grow 15%

17 November 2016 | Michelle Russell

UK lifestyle brand Ted Baker has hailed a "good performance" in its third-quarter, as sales rose nearly 15% despite what it says were challenging trading conditions. ... read more


Asos trading update: What the analysts say

13 January 2015 | Michelle Russell

Asos this morning (13 January) revealed an “encouraging” December trading statement in line with analyst expectations, demonstrating progress for the UK online fashion retailer. Analysts offered an upbeat review of the results.... read more


Ted Baker losses widen as H1 sales slump

7 December 2020 | Michelle Russell

UK high street fashion chain Ted Baker saw its losses widen in the first half of the year and sales slump as the Covid-19 pandemic restrictions took their toll.... read more


Ted Baker raises GBP105m to invest in business

18 June 2020 | Michelle Russell

Struggling UK fashion retailer Ted Baker has raised GBP105m (US$131.2m) in capital to reduce its debt and invest in new efforts to try to turn the business around after posting a near GBP80m annual loss earlier this month.... read more


Ted Baker director Ron Stewart latest to quit

17 December 2019 | Michelle Russell

Ted Baker has announced the departure of long-time non-executive director, Ron Stewart, just a week after the UK fashion retailer saw its CEO and chairman step down.... read more


Ted Baker under review by lenders

13 January 2020 | Michelle Russell

A group of lenders for troubled UK fashion retailer Ted Baker are understood to have hired advisers to carry out an independent review of the business.... read more


Ted Baker to cut more than 500 jobs?

20 July 2020 | Michelle Russell

UK high street fashion chain Ted Baker is understood to be cutting more than a quarter of its workforce as the retailer battles weak consumer spending and a channel shift to online.... read more


UK: PETA applauds John Lewis angora ban

17 January 2014 | Michelle Russell

Animal rights group PETA has welcomed the decision by UK department store retailer John Lewis to implement a permanent ban on angora wool in its future collections.... read more


UK: Business Secretary urges retailers to be "outward looking"

14 March 2014 | Michelle Russell

Business Secretary Vince Cable has stressed the importance of British retailers internationalising their businesses in order to benefit from growth opportunities abroad.... read more


New Ted Baker licensing deals with Next and Baird Group

28 September 2020 | Michelle Russell

UK high street fashion chain Ted Baker has agreed new licensing deals with Next Plc and Ben Sherman's licensee Baird Group, in a move it says will enhance supply chain efficiency.... read more


Bank withdraws New Look supplier credit protection

18 April 2018 | Michelle Russell

UK fashion retailer New Look insists it has adequate financial liquidity to operate effectively, despite reports credit protection has been withdrawn from a handful of its suppliers.... read more


New Look looks to cut costs amid sales declines

6 February 2018 | Michelle Russell

New Look's nine-month results have left analysts with little positivity for 2018 following a drop in revenues and plans to cut costs, reignite product appeal and re-engage with customers in a bid to salvage its falling UK clothing market share.... read more


New Look under pressure as supplier cover withdrawn

8 January 2018 | Michelle Russell

UK fashion retailer New Look may be forced to pay for product shipments upfront or accept more onerous payment terms following the withdrawal of credit insurance to many of its suppliers – in a move that will spark fresh concerns over its finances.... read more


New Look delivers positive FY results

7 June 2016 | Michelle Russell

UK fashion retailer New Look has delivered higher earnings and sales in its last fiscal year but offered a cautious outlook for a "challenging" year ahead.... read more


New Look optimistic as H1 profit climbs

10 November 2015 | Michelle Russell

UK value fashion retailer New Look has offered an optimistic outlook for the year and said it plans to expand further in China as it revealed higher first-half earnings and sales. ... read more


New Look cautious as Q3 earnings tumble

7 February 2017 | Michelle Russell

UK fashion retailer New Look has offered a cautious outlook as it booked lower third-quarter like-for-like sales and earnings as a result of reduced footfall and a highly promotional retail environment.... read more


Speed-to-market and cost control boosts New Look Q3

11 February 2020 | Michelle Russell

Improved speed-to-market, fewer promotions and cost control helped UK fashion retailer New Look narrow its losses in the third quarter, but ongoing consumer uncertainty and seasonal volatility hit revenues.... read more


New Look gains financial strength with debt refinancing

11 November 2020 | Michelle Russell

UK fashion retailer New Look has completed its debt refinancing, allowing the company more financial strength to execute on its strategy.... read more


New Look owner cancels UK listing over Brexit concerns

28 March 2017 | Michelle Russell

Brait Societas Europaea, the South African company that owns New Look, has cancelled plans to list its shares in London as a result of concerns over the UK's decision to leave the EU.... read more


UK: New Look books Christmas sales increase

10 January 2014 | Michelle Russell

UK value fashion retailer New Look has said it performed well over the Christmas period, despite extensive discounting on the high street.... read more


UK: New Look e-commerce director Tejuja leaves

23 December 2013 | Michelle Russell

UK value fashion retailer New Look has confirmed the departure of its e-commerce and multichannel director Shivani Tejuja.... read more


New Look appoints Worley to head of buying

4 March 2016 | Michelle Russell

UK value fashion retailer New Look has promoted Emma Worley to the position of director for buying, merchandising and design. ... read more


COMMENT: Brand issues add to woes for online retailer Asos

23 September 2014 | Michelle Russell

Just a week after Asos issued its third profit warning this year, reports at the weekend suggested a potential revolt from some of the brands it sells over its aggressive discounting - exacerbating issues already weighing on the online retailer.... read more


UK clothing factory workers paid half the minimum wage

23 January 2017 | Michelle Russell

UK garment factory workers producing for fashion brands including New Look, River Island and Boohoo have been found to be working for less than half the minimum wage, an undercover investigation has found.... read more


ANALYSIS: Apparel industry not immune from Russia tensions

15 August 2014 | Michelle Russell

Retail shares were among the biggest fallers last week as financial markets reacted to President Vladimir Putin's retaliation to the imposition of sanctions on Russia. While the ban was imposed on food and agricultural imports, the apparel industry is unlikely to be immune from the effects of the standoff, with majors like Adidas already suffering long-standing issues in the country.... read more


UK: Hobbs appoints Wrigley as chairman

9 January 2014 | Michelle Russell

Women's wear retailer Hobbs has appointed former New Look chief, Phil Wrigley, as its chairman.... read more


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