All articles by Amy Shields – Page 37
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News
H&M sales plummet
Swedish fashion retailer H&M has posted a 10 per cent fall in like-for-like sales for April after bearing the brunt of cold weather, but said trade in the first two weeks of May had improved.
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News
Clinton posts flat sales
Clinton Cards’ sales were flat in its third quarter and it faces more challenging conditions on the high street.
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News
Findel to halt recruitment of new higher-risk customers
Home shopping retailer Findel will stop recruiting higher-risk new customers to its credit business and focus on driving revenues from its established customer base, after a “disappointing” year.
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News
ScS issues profit warning
Sofa specialist ScS has issued the latest in a string of profit warnings after dire sales over the key bank holiday weekend.
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News
White Stuff bucks high street gloom
Casual clothing retailer White Stuff has unveiled strong sales growth in defiance of the downturn, as it seeks an investor to fuel its expansion plans.
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News
Jaeger sales rocket
Luxury British fashion brand Jaeger has posted a 16 per cent rise in total sales to 82.2 million for the year to February 23. EBITDA was up 22 per cent to 6.1 million.
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NewsNet-a-Porter launches review
Internet entrepreneur Natalie Massenet is understood to be conducting a review of her fashion e-tail business Net-a-Porter.com.
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News
M&S investors could force vote on Rose's role
Rebel Marks & Spencer shareholders are considering whether to force a vote on Sir Stuart Rose’s controversial promotion to executive chairman at the retailer’s AGM in July.
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Opinion
The sun is out at last
The long-awaited sun may be starting to shine on fashion retailers if Next’s interim management statement is anything to go by.
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News
Best Buy strikes deal with Carphone to transform European electricals retailing
Carphone Warehouse and US giant Best Buy have created a joint venture likely to become one of the biggest electricals retailers in Europe.
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News
New Look poised to make Russian debut
New Look is set to enter Russia through a franchise agreement with Serbian-based partner Delta.
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AnalysisEthel Austin: Anatomy of an administration
Ethel Austin is the latest fashion name to go into administration, but could it have been avoided? Amy Shields investigates
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News265 shopfloor jobs to go at Ethel Austin
The administrator of value fashion retailer Ethel Austin has announced that 265 shopfloor jobs will be lost when it shuts down 33 loss-making stores over the next three weeks.
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News
John Lewis sales ‘defiant’
John Lewis has reported a “defiant” week of trading, but remains cautious as it braces itself to come up against tough comparatives from last year.
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NewsOn the critical list
Retail in the emergency room as it faces the harshest trading conditions since the 1990s, with the worst still to come
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Opinion
Blood on the shopfloor
To say there is blood on the shopfloor today is an understatement. The fashion sector has been left reeling with uncertainty following the collapse of Ethel Austin, the announcement of store closures from JJB Sports and the For Sale sign hoisted over MK One.
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News
Tommy Hilfiger launches online channel to woo shoppers
Tommy Hilfiger has launched an online music channel in an effort to drive sales, as the credit crunch hits high-end brands.
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News
Ethel Austin administrator to slash 181 jobs
The administrator of value fashion retailer Ethel Austin will close 33 of its 300 stores and slash 181 jobs at head office after it hit the buffers yesterday.
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News
Carphone Warehouse downgrades forecast
Carphone Warehouse has revealed robust mobile phone sales, but provided a weaker-than-expected outlook and growth in broadband customers.