All articles by Chloe Mills – Page 47
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NewsWatches of Switzerland sales and profits soar in record year
Watches of Switzerland has posted a “record” year of revenue and profitability, entering 2024 “significantly ahead” of what it previously forecast as strong momentum across the US, UK and Europe continues.
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NewsMango sales grow as it announces ‘ambitious expansion plans’
Fashion retailer Mango posted a boost in sales in the first half of the year, crediting “good performance” in its key markets as well as a “strengthened ecosystem of channels and partners”.
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AnalysisSend it back: can online fashion turn its returns problem around?
With return rates on the increase, Retail Week looks at what fashion retailers can do to transform this perennial pain point into a potential opportunity
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NewsExclusive: New roles for Gold and Hollins in Ann Summers restructure
Ann Summers has shuffled its top team as part of a restructuring of the business, with Vanessa Gold taking up the role of company chair and Maria Hollins being promoted to chief executive, Retail Week can reveal.
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AnalysisAre fashion influencers still influential in 2023?
With several fashion brands including Boohoo and Abbott Lyon naming influencers and celebrities as brand ambassadors, collection designers, and in PrettyLittleThing’s case creative directors, influencers have certainly stolen the show in recent years.
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NewsClarks poaches new managing director from Under Armour
British footwear retailer Clarks has named former Under Armour global vice-president of retail Bob Neville as its new managing director for the UK and Ireland.
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NewsVirgin Wines announces partnership with WHSmith
Virgin Wines has announced a new partnership with WHSmith as part of the retailer’s “strategic focus on commercial partnerships”.
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NewsAsda owner Mohsin Issa to face MPs over fuel prices
Entrepreneur Mohsin Issa, the co-owner of Asda, is set to appear before MPs again following issues over Asda’s fuel pricing as well as an “unclear” fire-and-rehire policy.
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NewsCurrys profits fall as Nordics success ‘brought to abrupt halt’
Electricals giant Currys has posted a fall in full-year profit after its long track record of Nordics success “was brought to an abrupt halt”.
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NewsDune partners with Reskinned in latest sustainability push
Footwear and accessories retailer Dune has announced a partnership with sustainable pre-loved repair and resale specialist Reskinned in its latest sustainability push.
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NewsAsos unveils dedicated sample sale website to clear stock
Online fashion giant Asos has unveiled its new dedicated sample sale website in its latest attempt to clear stock.
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NewsExclusive: Outfittery launches in the UK
German personal shopping service Outfittery has launched an online store in the UK, Retail Week can reveal.
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NewsMango invests in Union Avatars to drive technology focus
Mango has invested in digital identity and virtual avatar creation platform Union Avatars as it continues “strengthening its commitment to technology” through its Mango StartUp Studio business accelerator programme.
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GalleryStore gallery: Burberry reopens London flagship on New Bond Street
British luxury fashion house Burberry has reopened the doors to its London flagship store on New Bond Street, claiming it “reinforces Burberry’s position as the modern British luxury brand”
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NewsNike hails ‘milestone year’ as revenues jump despite fall in margins
Nike has reported an increase in revenues in the fourth quarter and full year ending May 2023, driven by “investment in innovation and digital leadership” as well as the success of its “top strategic partners”.
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NewsAuthentic Brands Group secures multimillion-dollar funding
Authentic Brands Group, which owns retailers including Reebok, Ted Baker and Hunter, has secured a $500m (£395.6m) primary follow-on investment from its current investor General Atlantic.
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NewsExclusive: Seasalt appoints two new executives
Cornish fashion retailer Seasalt has announced the appointment of Mel Wilcox as its first chief information officer and Duncan Tennent as the brand’s new director of strategic partnerships, Retail Week can reveal.
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GalleryStore gallery: Fashion retailer Blakely’s new London pop-up
British fashion retailer Blakely has welcomed shoppers to its latest in-store shopping experience with a pop-up at Westfield in Stratford, east London.
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NewsHotter owner hails ‘encouraging’ trading as it ends sale process and mulls equity raise
Hotter parent company Unbound Group announced the end of its formal sale process today with ”no potential offers” and confirmed it is exploring an equity raise.
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NewsAsos names new non-executive to head up sustainability push
Online fashion giant Asos has named Anna Maria Rugarli as its new non-executive director and chair of its ESG Committee.