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Boohoo Group is set to benefit from the online expertise of its new CEO Dan Finley. Boohoo Group deputy chairman Alistair McGeorge said: “Dan and his team have successfully transformed Debenhams from a failed department store, creating a new business model that is a capital-light, stock-light, high-growth marketplace.”
Harvey Nichols partners with premium reseller Luxury Promise on a pop-up in its London flagship as it capitalises on the growing interest in secondhand luxury goods. The retailer says the pop-up will make luxury goods “accessible to all our customers”.
Estée Lauder Companies announces Stéphane de La Faverie as its new chief executive replacing Fabrizio Freda who retires in 2025. De La Faverie plans to return the retailer to its “pre-eminent position as the leader in global prestige beauty”.
Asos and Hirestreet’s rental subscription service gives subscribers access to more than 20,000 items across more than 50 brands. Consumers are able to mix and match from a much larger pool of brands than other similar retailer tie-ups offer.
Marks & Spencer’s plans to install self-checkouts to all its fitting rooms means customers won’t have to queue twice, helping remove friction from their in-store experience and giving them choice on how they shop.
TFG London, which includes retailers Whistles, Phase Eight and Hobbs, acquires White Stuff. White Stuff’s senior management team, led by CEO Jo Jenkins, will stay in place.
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