All articles by Chloe Mills – Page 32
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NewsAsos names new executive vice-president of digital product
Fashion giant Asos has named Anthony Ben Sadoun as its new executive vice-president of digital product, effective from February 26, 2024.
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NewsWalmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
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NewsExclusive: Reserved confirms new London store as it ramps up UK expansion
Polish fashion retailer Reserved, which is owned by clothing conglomerate LPP, is set to open its fifth store in the UK later this year.
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GalleryWolf & Badger ‘redefines retail experience’ with London flagship
Fashion, homewares and accessories retailer Wolf & Badger has opened the doors to a new London flagship on Berwick Street in Soho.
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NewsMytheresa ‘outperforms’ as luxury fashion sales grow
Luxury fashion retailer Mytheresa has hailed its sales growth during the second quarter, despite falling profits, as it “outperformed almost all competitors” and the demand for luxury fashion goods edged up.
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InterviewQ&A: Dr Martens chief product officer on getting the brand’s strategy back in-step
With fashion retailers battling more than ever to win consumer spend, Dr Martens chief product officer Adam Meek sat down with Retail Week to discuss the brand’s strategy moving forward, how it is stepping up its game when it comes to innovation and the importance of staying true to its core products
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NewsJoe Browns names new chief executive
Fashion retailer Joe Browns has named Dawn Bannerman as its new chief executive with immediate effect.
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NewsFarfetch boss steps down amid Coupang takeover
Farfetch boss José Neves is set to step down from his role as chief executive at the luxury fashion retailer, according to reports.
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NewsWhite Stuff owners consider sale following takeover approach
The owners of fashion retailer White Stuff are reportedly exploring a sale of the business after receiving surprise interest from a prospective buyer.
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AnalysisBuzz kill: how are sex toy and lingerie shops faring this Valentine’s Day?
How’s the most romantic day of the year shaping up for the specialists? Retail Week analyses exclusive data and reveals the web traffic of some of the market’s biggest players.
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NewsUK consumers face potential Red Sea tea shortages
British consumers could face shortages of black tea products in supermarkets as the unrest in the Red Sea continues.
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NewsYodel secures rescue deal led by rival Shift
Parcel delivery group Yodel has been acquired by a privately funded consortium led by executives of rival company Shift for an undisclosed sum.
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AnalysisCider: What you need to know about the fast-fashion brand challenging Shein
As the fast fashion sphere becomes more competitive than ever, Retail Week sheds light on rapidly rising fast-fashion brand Cider and why it’s giving Shein a run for its money.
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NewsAldi commits £550m to bolster store network in 2024
Aldi will invest more than £550m into “expanding and further improving” its store and distribution network this year, creating more than 1,500 new jobs across the UK.
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NewsMatalan poaches new CFO from Poundland
Matalan chief financial officer Stephen Hill has stepped down from his role and will be succeeded by former Poundland finance director Dave Williams.
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NewsMissy Empire under fire over allegations of ‘toxic’ working culture
Fast fashion brand Missy Empire has been accused of fostering a “toxic culture” as some female former employees have made claims regarding bullying and abusive and degrading comments, according to The Guardian.
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NewsEE to invest £6m in UK store estate over next 12 months
Mobile phone provider EE has announced it will invest a total of £6m into its UK store estate over the next 12 months as part of its ongoing retail strategy.
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NewsUnder Armour ‘on track’ for full year despite sales dip
Sportswear retailer Under Armour has said it delivered better than expected profitability and remains “on track” for the full year, despite a decline in sales in its third quarter.
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NewsBarclays acquires Tesco Bank in £600m deal
Barclays has today confirmed it will acquire Tesco Bank in a £600m deal, which will see the bank take on the grocery giant’s 2,800 employees working across banking products.
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NewsPrimark pledges £75m investment in UK stores, creating 700 new jobs
Primark will invest a further £75m into its UK store estate this year, creating 700 new jobs at the fashion giant as it marks its 50th anniversary on British high streets.