All articles by Chloe Mills – Page 41
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AnalysisThe issues plaguing Boohoo as it loses battle against Shein
As Boohoo posted a fall in revenue and profits earlier today for the six months to August 31, Retail Week looks at what’s going wrong at the fashion giant as it continues to fall behind in the fast-fashion battle.
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NewsNext to appoint Reiss executive as CFO Amanda James steps down
Next chief financial officer Amanda James is stepping down from her role and retiring from full-time work after 28 years at the retailer in July next year.
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GalleryFirst look at Charity Super.Mkt’s Bluewater store
Secondhand superstore Charity Super.Mkt has embarked on a “national expansion” strategy, starting with its latest pop-up store at Bluewater shopping centre in Kent.
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NewsExclusive: AllSaints rolls out new store format as international expansion continues
AllSaints is rolling out a new store concept globally as it continues to bolster its international store portfolio, Retail Week can reveal.
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NewsAldi unveils priority locations as it eyes new UK stores
Aldi has unveiled a list of “priority locations” as it continues to eye new UK sites to open new stores following its £1.4bn investment pledge announced earlier this week.
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NewsH&M profits climb despite slowdown in September sales
Fashion giant H&M has posted a boost in profits and sales for the first nine months of the year, despite sales in September slowing as a result of an “unusually hot” start to the autumn season.
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NewsClarks sales slip as supply chain issues take their toll
British footwear retailer Clarks has posted a decline in profits after tax and turnover for the 48 weeks to December 2022 as supply chain issues took a toll on trading.
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NewsAsos restricts buy now, pay later services in latest profit push
Fashion giant Asos has introduced restrictions on its buy now, pay later services for shoppers as part of its latest bid to improve profitability, Retail Week has learned.
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NewsOliver Bonas hails ‘resilient’ performance as sales and profits grow
Oliver Bonas has posted a boost in profits and revenue for the 2022 full financial year as sales remained “resilient” despite the cost-of-living crisis.
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GallerySelfridges opens ‘first festive destination’ of 2023 ahead of Christmas period
Luxury department store Selfridges has opened its “first festive destination of 2023” in the form of a new Christmas shop at its London Oxford Street branch, offering “the best services and solutions” for the festive season.
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NewsN Brown bolsters fashion stable with new third-party brands
Fashion group N Brown has added Fat Face, Ted Baker, Tala and Gym King to its autumn/winter range across its three strategic brands to bolster its “already wide-ranging product offering” this season.
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AnalysisThe recreation of secondhand: How new life is being breathed into pre-loved fashion
As Second Hand September hits its fourth year, Retail Week looks at how new life is being breathed into the pre-loved fashion sector
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AnalysisThe key takeaways from Next’s half-year results
Following a rise in profits and sales at Next during the first half of the year – and another increase in earnings expectations – Retail Week highlights the vital factors from the fashion retailer’s performance that have contributed to its continued success
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NewsCo-op profits climb driven by cost-saving efforts
The Co-op has reported “robust” sales performance as it swung to an operating profit driven by cost savings during the period.
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NewsJD Sports ‘on track’ for full year as sales increase
JD Sports has posted an increase in sales and confirmed profit remains “on track” for the full financial year as its strong brand portfolio continues to pay off.
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NewsNext raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
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NewsH&M becomes latest retailer to charge for online returns
Fashion giant H&M has become the latest retailer to introduce a fee for customers returning parcels ordered online.
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NewsAsos set to close outlet department
Fashion giant Asos is set to close the outlet department of its business, which is home to non-strategic third-party brands, in a bid to continue its focus on improving profitability.
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AnalysisMissguided: Would Shein be unwise to snap up Frasers’ fashion gamble?
As news emerged that retail tycoon Mike Ashley is in talks to sell Frasers-owned Missguided to fast-fashion giant Shein, Retail Week looks at what Missguided would add to Shein’s portfolio and why Frasers is letting go of the brand after only acquiring it two years ago
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InterviewInterview: Style, sustainability, stores, storytelling – the corner pieces of Beth Butterwick’s Jigsaw
As Jigsaw looks to inject some of the founder’s 1970s DNA back into the business, chief executive Beth Butterwick talks about how its heritage is part of the progressive journey for the fashion retailer