Sales rise but profits fall at TK Maxx owner TJX UK
Net profits at TJX UK in the year to February fell to £84.4 million from £103.4 million, despite revenues rising 10.3% to £3.48 billion.
Net profits at TJX UK in the year to February fell to £84.4 million from £103.4 million, despite revenues rising 10.3% to £3.48 billion.
Fortnum and Mason has found a new CEO with Matchesfashion’s Tom Athron set to join in the post on December 1. The appointment comes after Ewan Venters announced in September that he would leave the company in January.
Frasers Group-owned luxury chain Flannels has unveiled its AW20 campaign that’s fronted by supermodel Jourdan Dunn, as well as “two of the country’s brightest upcoming male talents”.
UK home delivery giant Ocado is mulling a move into clothing and homewares, prompted by the rapid growth in online shopping.
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