Widespread predictions of Black Friday/Cyber Monday fatigue have been proved to have been wildly out of touch. And a week on, a new study shows that enthusiasm was high, and online conversion rates continued to rise.
M&S is reportedly planning to downsize the space it controls in around 20 of its largest retail locations with under-used upper floors potentially being converted into offices or even residential space.
John Lewis’s plan to boost menswear has taken a major step forward with the opening of its revamped Oxford Street, London flagship, with a VIP aspect, styling and grooming advice and a new fitting room approach.
H&M Group is diving deep into fashion rental and is now testing subscription rental in China though its innovation department The Laboratory, as well as its COS label and Chinese subscription rental company YCloset.
Primark owner Associated British Foods issued one of the briefest trading updates we’ve seen on Friday — ahead of its annual general meeting — and it didn’t really tell us much about how trading is going at present.
Iconix Brand Group founder and former CEO Neil Cole has been charged with accounting fraud, while the former chief operating officer has pleaded guilty to related charges and is cooperating with authorities.