All articles by Chloe Mills – Page 46
-
NewsPrimark lowers kidswear prices as it rolls out click and collect in London
Value fashion giant Primark has lowered the price on hundreds of its essential childrenswear products in a bid to “help family finances go further” while also rolling out its click-and-collect service to an additional 32 of its stores, including in London.
-
NewsMatalan remains confident on outlook despite fall in revenue
Matalan has posted a drop in revenue following a “challenging” first quarter, despite remaining “confident” in its full-year profit outlook.
-
GalleryNaked Wolfe unveils ‘luxurious shoe haven’ on New Bond Street
Footwear retailer Naked Wolfe has opened the doors to its new “luxurious shoe haven” in the form of its London flagship store on New Bond Street, marking its territory as the “go-to designer footwear destination”.
-
NewsAsda cuts prices on more than 200 own-brand products
Asda has cut the prices of more than 200 of its own-label products in a bid to continue supporting families during the cost-of-living crisis.
-
NewsKim Kardashian’s Skims brand valued at $4bn
Kim Kardashian’s shapewear brand Skims has been valued at $4bn (£3.09bn) following its latest round of fundraising.
-
AnalysisRetail destinations: where are shoppers going during the economic crisis?
As the cost-of-living crisis continues to take its toll, the pressure is on for retailers to deliver a shopping experience that offers consumers a convenient, cost-friendly and good value offering.
-
NewsHotter Shoes bought by Woolovers in pre-pack deal
Knitwear retailer Woolovers Group has acquired Hotter Shoes in a deal that will see all 421 employees and 27 stores and concessions “transferred across to the purchaser”.
-
NewsOcado and M&S ‘in agreement’ despite performance concerns
Ocado Group chief executive Tim Steiner says that both Ocado and M&S are “in agreement” despite M&S chair Archie Norman telling investors last week that he was “not happy” with its performance.
-
NewsRevolution Beauty CEO and chair to resign as ‘compromise’ reached with Boohoo
Revolution Beauty’s chief executive Bob Holt and chair Derek Zissman have “agreed to resign” from its board as the beauty retailer announces it has entered into a “settlement agreement” following an ongoing war of words with fast-fashion retailer Boohoo.
-
NewsOcado remains ‘confident’ as it returns to profitability
Online grocer Ocado has posted a return to profitability in its second quarter and said it remains “confident” in its full-year performance following the first half of the financial year.
-
InterviewQ&A: Cotton Traders boss Nick Hamblin on tackling a younger demographic
As Cotton Traders recently recorded its “most successful financial year to date”, boss Nick Hamblin spoke to Retail Week about the brand’s evolution, its new average customer age of 56 and the importance of womenswear within the product offering
-
NewsCredit insurer slashes cover for Boohoo suppliers
Boohoo’s credit insurer Allianz Trade has slashed cover for its suppliers, which threatens to enhance financial pressures on the fashion retailer, according to reports.
-
NewsHotter owner Unbound Group confirms intent to appoint administrators
Hotter parent company Unbound Group intends to appoint Interpath Advisory as administrators to the group’s main operating subsidiary, Beaconsfield Footwear, which includes Hotter Shoes.
-
NewsExclusive: River Island retail director departs
River Island retail director Steve Morris has stepped down from the fashion retailer after more than three years in the role, Retail Week can reveal.
-
NewsSelfridges rolls out ‘Unlocked’ membership scheme
Luxury department store Selfridges London has launched its Selfridges Unlocked membership scheme to offer shoppers the chance to access “the best product launches, events, news and free shipping”.
-
NewsUniqlo owner Fast Retailing ups profit guidance
The owner of fashion giant Uniqlo, Fast Retailing, has upped its full-year profit guidance following a “strong” international performance in its third quarter.
-
AnalysisFrasers or Nordstrom: who is Asos’ perfect match?
Embattled fashion pureplay Asos has recently been at the centre of takeover talks following reports of a £1bn takeover bid by Turkish fast-fashion retailer Trendyol. Frasers Group also sparked speculation by increasing its stake in the fashion retailer three times in two weeks
-
NewsCo-op names Debbie White as new chair
The Co-op has named Debbie White as the company’s new chair, succeeding Allan Leighton when he steps down from the role in February next year.
-
NewsFrasers Group ups stakes in N Brown and Currys
Frasers Group has increased its stakes in fashion retailer N Brown and electricals retailer Currys in a continued shopping spree for Mike Ashley’s retail empire.
-
NewsMusic Magpie credits ‘strong momentum’ for first-half trading
Music Magpie has credited “strong momentum” for its first-half performance as it traded in line with expectations and looks forward to the “seasonally important” second half of the year.