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City Insider - in association with Zolfo Cooper
City & Finance

Asos has promoted Nick Beighton to chief operating officer

Comment: Why Asos was right to promote Nick Beighton

There have not been many ‘lolz’ at Asos this year – the fashion etailer has been trolled by the City after a series of profit warnings.

Boohoo has posted a rise in sales and profits

Comment: Boohoo for investors as etailer trades below IPO price?

Shares in fashion etailer Boohoo have frequently traded below the 50p placing price since listing, despite it being a growth story.

Tesco has bolstered its board with two new non-executive directors

Comment: Ohlsson can bring some Ikea magic to troubled Tesco

Former Ikea boss Mikael Ohlsson is swapping flat-pack furniture for the fruit and veg aisle, as a newly appointed non-exec director of troubled grocer Tesco.

Warm September weather affected sales at Next

Comment: Next’s buying changes probably insulated it from September’s heat

The North wind won’t blow. And never mind snow, there’s barely a sign of autumnal crispness in the air. It’s tough for fashion retailers.

Mothercare intends to improve its stores

Comment: Mothercare's rights issue will allow focus on customers

Tight cost control is a retail basic but on its own it’s rarely enough to build a business and persuade the shopper to open her purse.


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