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| John Lewis Appoints Director Of Design Posted: 28 Jun 2022 02:47 AM PDT John Lewis has drafted in Queralt Ferrer to the role, a former womenswear, lingerie and beauty director at Marks & Spencer who also oversaw the launch and growth of Inditex's Massimo Dutti brand. The retailer said her arrival will support its ambition to be "a more significant player in fashion and home".  Ferrer's own-brand focus will include the Anyday value-for-money range launched last year, which now includes approximately 3,600 products designed in-house, spanning fashion and home. John Lewis commercial director Kathleen Mitchell said: "Queralt's appointment underlines our ambition to further raise the profile of John Lewis design and our commitment to investing in our own-brand ranges. "She brings outstanding expertise in world-class design that will elevate the creative energy and talent we already have within the team." Ferrer said: "I am thrilled to be joining the John Lewis team and look forward to working with the in-house design team to lead and inspire in the creation and delivery of distinctive collections that delight our customers and achieve our ambitions." The article John Lewis Appoints Director Of Design appeared first on World Branding Forum. |
| Hobbycraft to open three new stores Posted: 27 Jun 2022 07:35 AM PDT New Hobbycraft sites will be in Biggleswade, Bedfordshire; Southend in Essex; and Bromborough on Merseyside and will create 40 new retail jobs. The chain said its adjusted pre-tax profit for the year to February 2022 was £15m, up from £13.8 million the previous year. The company expressed that it was “incredibly well placed”, but the 2023 financial year would be “challenging”. Dominic Jordan, Hobbycraft’s chief executive, said “multiple new initiatives” were planned including a new website, workshop channel, further new stores and a subscription model. “However, we are conscious that the year ahead will be very challenging, particularly given the significant inflationary pressures on our customers and we are starting to see this impact on market demand in the early part of full-year 2023,” he said. He then added that there had been a significant increase in freight costs. The firm, founded in 1995 and now with over 100 stores across the UK, revealed total revenue rose 14.8% from £176.9m in 2021 to £203.1m in 2022. The company had to close for seven weeks in 2021 during Covid restrictions as it was not classed as an essential retailer. It saw e-commerce sales grow 58.2% from the point stores reopened in April 2021 compared to pre-pandemic levels in 2020. Seven new stores and 100 new jobs were created in the year to February 2022, including openings in Leicester, Rochester in Kent, and Boucher Crescent in Northern Ireland. The article Hobbycraft to open three new stores appeared first on World Branding Forum. |
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