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Koovs names new CEO, says quarterly trading is encouraging

Tue, 21st Jul 2015 09:37

(ShareCast News) - Mary Turner has been appointed as Koovs' new chief executive, the India-focused retailer confirmed in a statement on Tuesday.Turner, the former CEO of AlertMe.com, has been a non-executive director of the group since July 2014, will step into her new role on 1 October, the London-listed group said.Koovs added that Robert Bready, currently creative and retail director, has been promoted to chief creative officer."I am delighted to welcome Mary to the executive team," said group chairman Lord Waheed Alli."Having worked closely with her at Asos I have first-hand knowledge of her experience and relentless energy which will help to drive Koovs through the significant period of growth ahead."I am also delighted that Robert has taken on the broader role of chief creative officer where a key focus will be on driving the growth of our own brand."Meanwhile, the AIM-listed company said the group had been encouraged by trading in the first three months of its new financial year, with gross value order surging 203% year-on-year.The figures "continued to demonstrate the success of our offer and the huge potential for the business going forward," Alli said.Koovs shares were down 1.29% to 68.11p at 0909 BST.
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10 Dec 2019 18:35

UPDATE: Koovs Sold To SGIK 3 After Falling In Administration

UPDATE: Koovs Sold To SGIK 3 After Falling In Administration

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10 Dec 2019 13:18

Koovs Placed Into Administration, Shares Suspended From AIM

Koovs Placed Into Administration, Shares Suspended From AIM

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10 Dec 2019 08:49

Koovs placed into administration

(Sharecast News) - Indian online fashion retailer Koovs has been placed into administration after failing to secure investment from its largest shareholder, Future Lifestyle Fashions.

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18 Nov 2019 14:33

Koovs Continues Talks With Shareholder Over GBP6.5 Million Investment

Koovs Continues Talks With Shareholder Over GBP6.5 Million Investment

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29 Oct 2019 09:23

Koovs Reports Strong Trading; Explores Alternative Funding Options

Koovs Reports Strong Trading; Explores Alternative Funding Options

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29 Oct 2019 07:39

Koovs gross order value doubles in second quarter

(Sharecast News) - Indian fashion retailer Koovs posted a surge in second-quarter gross order value on Tuesday as website traffic increased.

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3 Sep 2019 09:27

Koovs to develop new range for Future Group's Brand Factory

(Sharecast News) - Indian online fashion retailer Koovs has secured a contract with Future Lifestyle Fashions Limited (FLFL) to develop a new and exclusive fashion range for its discount chain Brand Factory.

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29 May 2019 10:58

Koovs Gets First GBP3.7 Million Funding Tranche From Future Lifestyle (ALLISS)

LONDON (Alliance News) - Koovs PLC said Wednesday it has received GBP3.7 million as first tranche of its funding deal with Future Lifestyle Fashions Ltd.Shares in Indian online fashion were

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7 May 2019 10:48

Koovs Inks Binding Deal For GBP10 Million Investment From Future Group (ALLISS)

LONDON (Alliance News) - Koovs PLC on Tuesday said it has reached a binding agreement with Future Lifestyle Fashions Ltd under which it will receive a GBP10.5 million investment.Shares in 8

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7 May 2019 07:53

Koovs gross orders improve in H2, announces funding

(Sharecast News) - Online retailer Koovs, which caters to the Indian market, said on Tuesday that it has agreed further funding from Future Lifestyle Fashions Limited (FLFL), as it said gross order value for the year to 31 March 2019 slipped.

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7 Mar 2019 11:46

Koovs Signs Platform Development Agreement With Future Lifestyle

LONDON (Alliance News) - Indian online fashion retailer Koovs PLC on Thursday said it has signed an online platform agreement with Future Lifestyle Fashions Ltd.Koovs will get a USD1.4 to a

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13 Dec 2018 10:11

Koovs "Back To Business" After Investments, Interim Loss Narrows

LONDON (Alliance News) - Koovs PLC on Thursday reported a narrowed interim loss and declared it is now "back to business" after securing funding and restarting marketing in the Indian at

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13 Dec 2018 09:58

Cost-saving initiatives help Koovs to narrow losses

(Sharecast News) - AIM-listed online fashion retailer Koovs said on Thursday that it had narrowed its interim losses thanks to cash preservation and cost-saving initiatives.

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27 Sep 2018 09:57

Future Lifestyle Plans To Bump Up Stake In Koovs To Just Below 30% (ALLISS)

LONDON (Alliance News) - Koovs PLC said on Thursday that strategic partner Future Lifestyle Fashions Ltd will raise its investment in the London-listed online retailer.Shares in Koovs were

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22 Aug 2018 14:42

Koovs signs £24m media deal with Hindustan Times owner

(Sharecast News) - Koovs has completed its agreement for a £24m media deal with strategic partner HT Media, one of India's largest media companies and owner of the Hindustan Times, it announced on Wednesday.

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