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Can Asda veteran Allan Leighton return the supermarket to its former glory?

Retail Gazette

Leighton helmed Asda from 1996 to 2001 and is credited with turning around the struggling chain, alongside current M&S chair Archie Norman – pulling the grocer from the brink of insolvency to orchestrating its bumper £6.7bn sale to Walmart in 1999. Who is Allan Leighton? But it makes perfect sense to everyone involved in the retail space.

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Victoria’s Secret Fashion Show to Return as Streaming Event on Amazon Prime

Retail TouchPoints

After a four -year hiatus, the Victoria’s Secret fashion show will make its return on Sept. Victoria’s Secret pioneered the idea of a lingerie fashion show in 2001 and turned the annual event into a nationwide television spectacle. Earlier this year , executives hinted at a return.

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Ksubi’s return to Australian shores with Bondi Beach House and what’s next

Inside Retail

Ksubi’s return to operating stand-alone stores in Australia has been a long time coming. Almost four years later, the flagship location has been locked in at 113 King Street in Sydney and is due to open in March 2024, followed by an undisclosed Melbourne location. It was originally called Tsubi.

Returns 273
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Asda chair admits supermarket’s problems are ‘self-inflicted’

Retail Gazette

Asda veteran Allan Leighton admitted the supermarket chains problems are self-inflicted as he looks to turnaround the business following his return as chairman last year. These are the things that we need to fix, but theyre under our control, theyre not reliant on anybody else to do it,” he said.

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Former Asda CEO Allan Leighton returns as chair to lead recovery effort

Retail Gazette

He served as chair since 2021, and took day-to-day responsibility for leading the grocer alongside Rob Hattrell, an executive at TDR, the private equity firm that owns a majority stake in the supermarket chain, after co-owner Mohsin Issa stepped down. Leighton, was Asda CEO from 1996 to 2001 and chaired the Co-op for almost a decade.

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American Apparel set for Australian comeback

Inside Retail

. “We are thrilled to be increasing access to American Apparel for shoppers in Australia and New Zealand, who can now buy this iconic brand with just the click of a button,” said Chuck Ward, president of sales, marketing, and distribution at Gildan Activewear , the company that owns the American Apparel trademark.

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A look at Sanity’s final days: What happens when a retailer says goodbye?

Inside Retail

Itaoui – who joined Sanity as an area manager in 2001, according to the Australian Financial Review – acknowledged that the business was unable to survive the diminishing availability of physical content, as well as a shift in demand toward digital content among consumers. appeared first on Inside Retail.

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