All articles by Chloe Mills – Page 34
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GalleryIn pictures: New York City’s finest flagship stores
While attending NRF 2024: Retail’s Big Show in New York, Retail Week took a walk down the city’s most famous shopping street to take the temperature of some of retail’s finest flagships
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AnalysisThe future of retail technology straight from the Expo in New York
As more than 1,000 retail tech companies from around the world showcased their latest innovations at NRF 2024: Retail’s Big Show in New York last week, here is Retail Week’s round-up of the groundbreaking technology revealed at the Expo.
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NewsBoohoo shuffles top team as CFO Shaun McCabe steps down
Boohoo chief financial officer Shaun McCabe has stepped down from his role at the online fashion giant to be succeeded by Stephen Morana next month.
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NewsQuiz posts dip in sales due to inflation
Quiz has posted a drop in sales over Christmas as the “negative impact” of inflationary pressures on consumers took its toll on the fashion retailer.
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NewsBoohoo warehouse closures imminent
Fast-fashion giant Boohoo is set to shut down its Northamptonshire-based distribution centre putting 400 jobs at risk, according to reports.
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DataExclusive: eBay was most popular secondhand platform over Christmas
eBay has topped Vinted and Depop to be named the most popular secondhand platform in December 2023 as demand for pre-loved gifting surged over Christmas.
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NewsBirkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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NewsN Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.
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NewsWatches of Switzerland issues profit warning
Watches of Switzerland has issued a profit warning as shares plummeted by more than 25% this morning. In the run-up to Christmas, consumers opted to spend on fashion, beauty, travel and hospitality rather than luxury.
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NewsPhase Eight begins ‘journey’ into childrenswear
Fashion retailer Phase Eight has announced its expansion into childrenswear and is set to launch its debut collection later this month.
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NewsShein opens up design competition to international designers
Shein has expanded the in-take for its fashion design competition, Shein X, to include global applicants for the first time as it continues to look for up-and-coming designers.
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NewsPeople underestimate complexity of retail, warns Dick’s Sporting Goods chair
US sports giant Dick’s Sporting Goods executive chair Ed Stack has said people “don’t understand” the complexity of retail.
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NewsHuman connection is key for beauty retailers, says Ulta Beauty boss
Ulta Beauty chief executive Dave Kimbell has highlighted the importance of human connection for beauty retailers despite the technological innovations within the industry.
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NewsNo ‘major disruptions’ expected from Red Sea attacks, says Estée Lauder exec
Estée Lauder vice president of global supply chain planning Frank Maassen has said the beauty giant does not anticipate any “major disruptions” to customers as a result of the supply chain issues in the Red Sea.
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NewsLevi’s sees ‘nothing but opportunity’ in Asia as it eyes expansion
Levi’s president Michelle Gass has said there is “nothing but opportunity” in Asia for the fashion giant as she outlined its international expansion plans at Retail’s Big Show in New York this weekend.
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NewsShein US IPO uncertain due to Chinese regulator complications
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
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NewsBattersea Power Station sales soar as Christmas boosts footfall
Battersea Power Station has reported a strong second Christmas as sales at the destination soared year on year and December proved to be its busiest of 2023.
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NewsSeasalt Christmas sales surge as shoppers return to stores
Seasalt has reported “record” Christmas trading performance across all channels, crediting store performance in particular as the brand continues to resonate with shoppers.
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NewsFortnum & Mason posts soaring Christmas sales as customer numbers grow
Fortnum & Mason posted a strong sales performance over Christmas as customer numbers soared. Its success is credited to investment in its Piccadilly flagship as well as its return to ecommerce trading in Europe last year.
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NewsVery Group credits toys, gifts and beauty for ‘strong’ Christmas trading
The Very Group has credited the success of its toys, gifting and beauty categories for driving “strong” Christmas results as sales rise in a “challenging market”.