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Fashion Capital Newswire - 14 April 2004
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Apr 21, 2004 at 02:55 PM
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Hanging it all together for the fashion industry |
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Has M&S lost it's sparkle?
Figures announced today seem to reflect that the sparkles gone with sales down 0.5% year on year and down 2.5% since January. Roger Holmes said that the figures were disappointing and hinted at further cost reductions, however Armani announced first quarter sales up 15% and Burberry reported a 13% rise in sales for the six months to the end of March - There seems no justice for M&S!
Meanwhile research at Warwick Business Centre has revealed that budding entrepreneurs tend to be more successful if their parents were also self-starters - is it nurture or nature? But there is one major asset for self employed entrepreneurs in the fashion industry - they have information at their finger tips with Fashion Capital.
Have a good week ahead
Jenny Holloway Project Manager London Fashion Forum
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