As Marks & Spencer posted their full-year results today, we make sense of the results by highlighting some of the key figures.
Marks & Spencer has laid down plans to bolster its presence in the Middle East with ten new stores set to open in Saudi Arabia by April next year.
Marks & Spencer boss Marc Bolland has stressed the idea that M&S is on a journey as he has fought off criticism of ongoing performance.
WHSmith has recorded a fall in sales over the Christmas trading period but has stressed it does not expect the Omnicron variant to derail its travel sales recovery.
Luxury fashion operator Burberry has delivered a rise in festive sales driven by full-price demand, while value etail operator In The Style has relied on discounting to bolster sales of delayed ranges over the Christmas period.
Nordstrom president and chief brand officer Peter Nordstrom said that Asos’ concession in the famous American chain could be the silver bullet it needs to be front of mind for US shoppers.
While fashion retailers work to reduce their environmental impact, a range of biotech pioneers are creating innovative new fabrics that could change how clothing and shoes are made.
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