Times were hard at John Lewis last year with sales down and profits plunging. It has launched a strategic review and has urgent work to do, especially in its department stores, although fashion seems to still be strong.
John Lewis’s new chairwoman, Dame Sharon White, is continuing to show that she doesn't feel tied by decisions taken under her predecessor and is ready to launch a strategic review of the business, according to a report.
Sharon White, who took over the helm at the retail group just two weeks ago, said in an interview with the group's in-house magazine that she will review the new corporate structure before more changes take effect.
Not many creators begin collections after reading proper works of psychoanalysis, but Paul Andrew did this summer, and the result was a powerful statement of modern fashion for the house of Salvatore Ferragamo.
A leadership restructure will see four members of Ted Baker’s board leave the embattled fashion business over the next few months as acting CEO Rachel Osborne steers the company through a period of transformation.
In addition to the many pressures in the UK retail market, John Lewis is facing a business rates bill of around £57.4 million in the current year - a significant burden for a department store chain of less than 50 shops.
Nina Bhatia is joining the new executive team at the John Lewis Partnership. The former managing director of Hive, is set to become the new director of strategy and commercial development on 17 February.