BusinessMember
Next rescues Seraphine from administration, upgrades full year profit guidance
Next is continuing its acquisition spree. The British retail giant has bought maternity brand Seraphine out of administration and, as a result, 95 employees have been made redundant. The deal, valued at 600,000 pounds, includes certain assets of the Seraphine business, including the brand and intellectual property. Next said it intends to “...
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People
Jil Sander: Serge Brunschwig announces departure
After just six months, Serge Brunschwig is leaving Jil Sander. He announced his departure yesterday via a LinkedIn post: "Today is the last day of my mission for Jil Sander. I would like to thank the team for what we have achieved, preparing this splendid brand for its next chapter, and the Otb group for the trust they have placed in me. We all...
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