In another blow to the UK high street, Marks & Spencer has proposed more closures as part of its transformation strategy. Bayswater, Darlington, East Kilbride, Falkirk and Kettering will be amongst the towns affected.
Safilo has tapped eyewear veteran Stephen Wright as the new chief commercial officer for North America. Wright comes to his new role after serving in a series of leadership roles of increasing responsibility with VSP.
As participant, Primark will embrace the three key principles of the initiative: business models that keep clothes in use; materials that are renewable and safe; and solutions that turn used clothes into new clothes.
Safilo's performance improved in the first quarter, despite weather that was not very conducive to sunglass sales in many of its key markets. But while Europe and Asia were strong, North America remains a problem.