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Hobbs owner TFG appoints new chief product officer

TFG London has appointed a new chief product officer. To fill the role, the London-based fashion conglomerate looked to its own portfolio, tapping the product director of Hobbs for the position. Sally Ambrose will now be joining TFG with immediate effect, reporting to chief executive officer Justin Hampshire. In her new role, Ambrose has been...

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Business

Hobbs swings to full-year loss as pandemic bites

Luxury womenswear brand Hobbs swung to a full-year loss and saw its turnover halve in the 12 months to March 27 as the pandemic took its toll on the business. The British brand’s turnover in the year dropped 51 percent to 65.1 million pounds, with the company citing store closures and a drop in demand for its core product categories such as...

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