Apparel retailer Jigsaw enjoyed 5.5 per cent rise
in like-for-like sales in February. Sales its brand
Kew rose by 14.1 per cent last month on a
like-for-like basis, or 31 per cent in total, writes the Times. According to an article in the
Mail on Sunday (which is not available online) Jigsaw’s
founders are seeking to bring in a chief executive to run the
chain.
ASOS.com has set up a management incentive plan
whereby the company’s executive directors Nick Robertson, Nick
Beighton, Rob Bready, and Jon Kamaluddin-will invest their own
money into a subsidiary company; after three years they will be
able to exchange the cash for shares in ASOS.com.
Park Group, the savings-club catalogue business,
is preparing to launch a range of prepaid cards that will be
redeemable at UK high street retailers including
Argos, Comet,
Debenhams, and HMV.
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