John Lewis has announced a significant partnership with Google Cloud, establishing a five-year collaboration valued at £100 million. This partnership expands upon the existing successful relationship between the two companies since 2012. By migrating more of John Lewis’ technology infrastructure to Google Cloud, the organization will be able to access advanced technologies such as artificial intelligence and machine learning. The primary goal of this collaboration is to enhance efficiency, allow employees to focus more on customers, and utilize data insights to curate exceptional products and services.

In another development, fashion brand Nobody’s Child and Just a Group have joined forces for a new partnership starting from SS24. Just a Group will supply independent fashion boutiques in the UK with Nobody’s Child products. The wholesale campaign will begin this month and last for three weeks. Just Now Distribution Ltd will distribute the brand, and the group’s sales division will handle sales to retailers from its London showroom. To support this venture, a dedicated team has been established, and deliveries to the market are set to commence in February with an initial collection of 80 pieces.

Meanwhile, Oscar Pinto-Hervia, the CEO and founder of luxury fashion retailer Hervia, has announced his departure from the company to explore new opportunities. Hervia, known for being the first retailer to stock Alexander McQueen, was acquired by Parabellum Investments led by investor Rami Cassis last year. The retailer currently carries prominent labels such as Rick Owens, Yohji Yamamoto, Comme des Garçons, Y-3, Maison Margiela, and Charles Jeffrey Loverboy. It remains unclear whether Pinto-Hervia still holds a stake in the business following the acquisition, and no successor has been named at this time.

Lastly, the UK and Ireland division of renowned jewelry brand Pandora experienced a decline in profits in 2022 despite higher sales. This can be attributed to the highly competitive UK market, which is still recovering from the impacts of the Covid pandemic, as well as increased costs. While turnover, gross profit, and operating profit all saw growth, the final profit figure decreased by 23.5% to £44.1 million due to these elevated costs.

Useful Links:
1. John Lewis and Partners
2. Google Cloud