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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


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: 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


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


Primark continues US expansion with third store

20 June 2016 | Michelle Russell

British value fashion retailer Primark has opened its third US store in the north east of the country as the fashion retail giant looks to build its presence stateside. ... read more


Primark expansion continues with two new US stores

26 July 2016 | Michelle Russell

UK value retailer Primark has opened another two stores in the north east of the US, in New Jersey and Pennsylvania, as the fashion retail giant continues to build its presence stateside. ... read more


Primark warns customers over online products

16 October 2019 | Michelle Russell

Value fashion giant Primark has warned its customers not to buy its products online after it emerged some of the retailer’s items were being sold on Amazon at inflated prices.... read more


UK: Store openings and warm weather boost Primark Q3 sales

10 July 2014 | Michelle Russell

An increase in selling space and warmer weather pushed sales up for UK value fashion retailer Primark in its third-quarter.... read more


Primark Christmas sales jump as retail space grows

18 January 2018 | Michelle Russell

Retailer Primark has proved it is adept at capitalising on shoppers trading down to its value fashions as it revealed record sales in the week before Christmas.... read more


Primark warns of tough trading in run-up to Christmas

7 December 2018 | Michelle Russell

The owner of value fashion retailer Primark has warned of challenging trading in the run-up to Christmas – but says it expects earnings outlook remains unchanged.... read more


Primark "substantially out-performs" for FY

4 November 2014 | Michelle Russell

Primark said it "substantially out-performed" in its last fiscal year, and revealed plans to extend its programme of structural assessments to include factories producing for it outside Bangladesh.... read more


Primark continues to up its game in "remarkable" year

4 November 2014 | Michelle Russell

An "impressive" set of full-year figures at value fashion retailer Primark comes despite its lack of online presence and heavy investment in international expansion - and reflects a rate of growth more usually seen in smaller companies, an analyst has said.... read more


Primark trading picks up on improved stock

22 February 2016 | Michelle Russell

Value fashion retailer Primark has seen sales pick up following weak Christmas trading, with profit margins also improved in the first six months of its new fiscal year thanks to fewer promotions and better managed stock.... read more


Primark CFO Shields steps down

8 April 2016 | Michelle Russell

Aidan Shields, the chief financial officer at UK value fashion retailer Primark, has stepped down from his role after six years to relocate back to the US.... read more


Primark expansion drives FY sales and earnings

8 November 2016 | Michelle Russell

New store openings and a 9% increase in selling space drove sales for value fashion giant Primark in its last fiscal, with a particularly strong performance in Ireland and a growing awareness of the brand in the US. ... read more


Primark sourcing chief Gordon steps down

27 October 2016 | Michelle Russell

Garry Gordon, the group sourcing director of UK value fashion giant Primark, has resigned from his role. ... read more


Primark posts solid Q3 despite uncertainty

7 July 2016 | Michelle Russell

British value fashion retailer Primark has posted solid results in its third-quarter, despite sales being hit by unseasonal weather and uncertainty around the EU referendum.... read more


Increased selling space boosts Primark sales

15 January 2015 | Michelle Russell

Value fashion giant Primark has revealed sales growth over the Christmas period driven by increased selling space and high sales densities in stores opened during the last year.... read more


Low pricing to sustain growth for Primark in 2015

6 February 2015 | Michelle Russell

Value fashion giant Primark will use its low selling price to help sustain significant growth in 2015, increasing sales through further expansion into continental Europe and the Northeast US, analysts believe.... read more


Primark pays 95% of Rana Plaza compensation

1 April 2015 | Michelle Russell

Value fashion giant Primark said it has completed paying more than 95% of long-term compensation payments to the 668 victims of its Rana Plaza supplier New Wave Bottoms.... read more


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