News roundup—29th May 2008

News roundup—29th May 2008

Former Ted Baker footwear boss Prabhu Kashap takes the
helm at marine-inspired casual clothing cataloguer/manufacturer
Chatham Marine reports the Exeter Express & Echo.

“With internet retailers such as Amazon and having significantly lower outgoings than high
street retailers and supermarkets able to sell loss leaders,
the future of the high street music retailer remains
uncertain,” muses an article in today’s Times. HMV thinks it has the
answer-it is revamping to offer “next generation
stores” that aim to “transform a visit to its high
street stores into a social experience”.


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