We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Mar 29, 20242:46pm

John Lewis managing director to exit after Christmas sales dropped

The British company managing director, Paula Nickolds, is to leave the group as part of the merger of the management with supermarket division Waitrose&Partners.

Jan 9, 2020 — 5:18pm
mds
Save

John Lewis managing director to exit after Christmas sales dropped

 

 

John Lewis managing director exits. The British company managing director, Paula Nickolds, is to leave the group as part of the merger of the management with supermarket division Waitrose&Partners, as well as the drop in sales after the Christmas period.  

 

Nickolds has worked in the company for almost twenty-five years. For the past ten years, the executive was in charge of the development of John Lewis in a variety of senior positions. John Lewis sales dropped 2.3% to 1.1 million pounds (1.3 million dollars) between 17 November 2019 and 4 January 2020, year-on-year, and were down 2% on a like-for-like basis. However, online sales increased by 1.4%. Overall fashion sales were up 0.1% and beauty sales increased by 4.7%

 

This happens in the middle of a restructuring process of the company, when last October John Lewis announced the merger of the management with supermarket division Waitrose&Partners.  “Future Partnership will be in place from the start of February, when Sharon White will become the partnership’s sixth chairman,” stated the company in a press release.

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...