Ben Gordon, the chief executive of Mothercare,
has announced he will step down in November, “by mutual
consent”. Gordon will exit the business, which issued a
profits warning early this month, following the company’s interim
results on 17th November.
Children’s furniture retailer/cataloguer Aspace
has opened a new store in Notting Hill, London. This is the
second of three planned store openings for Aspace this autumn,
following the opening of a store in Tunbridge Wells last month.
The stores complement Aspace’s direct sales, with managing
director Paul Cunningham commenting that a new store “moves
overall sales to a completely new level”.
Marks & Spencer has gone live with its French
website, marking a return to the French market after a ten-year
hiatus. Later this autumn, M&S says it will open a store in the
heart of Paris on the Champs-Elys�es offering a selection of
womenswear, lingerie and food, with a view to opening more stores
in the future.
Apparel brand Whistles reported an operating
profit of £1.2 million in the year to 29th January 2011,
compared with a small loss last year. Sale rose 13 percent to
£38.8 million, thanks to former Topshop boss Jane
Shepherdson’s leadership, writes the Guardian.
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