All Retail Week UAT articles in December 17 2010 – Page 8
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NewsProfits jump at Zara-owner Inditex as its expansion pays off
Zara-owner Inditex net profit increased 42% to €1.2bn (£994m) in the nine months to October 31 across the fashion group, which also owns Massimo Dutti and Bershka.
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NewsH&M sales soar after Lanvin success
H&M, the Swedish fast fashion chain, said worldwide like-for-like sales jumped 8% in November, the month in which it launched its sell-out Lanvin collection.
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NewsTesco among last bidders for Poland's Zabka chain
Tesco and Carrefour are among the final four bidders for Poland’s Zabka retail chain, it is understood.
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NewsSuperGroup first half pre-tax profit soars 86%
SuperGroup, the young fashion business that owns brand Superdry and retail chain Cult, said that pre-tax profit surged 86% to £14.6m in the first half of the year as the company revealed it was optimistic about Christmas trading.
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NewsScottish minister attacks retailers over delivery problems
The Scottish government’s new transport minister Keith Brown has attacked big retailers for their decision to suspend home deliveries in Scotland because of the freezing weather.
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NewsRussian tycoon Mamut increases HMV stake
Russian oligarch Alexander Mamut yesterday increased his holding in troubled entertainment retailer HMV.
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NewsHalfords hires Gerry Murphy as group brand marketing director
Car parts and bikes retailer Halfords has appointed former Superdrug marketing director Gerry Murphy as its group brand marketing director.
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NewsVIDEO: Harvey Nichols spoof Christmas viral campaign
Luxury department store Harvey Nichols has aired a tongue-in-cheek Christmas viral video sending up the fashionistas who use their dogs as the ultimate fashion accessory.
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NewsFood, fashion and furniture show record November price inflation
Food, clothing and furniture price inflation recorded record rises for November, helping drive the Consumer Prices Index up by 3.3% overall.
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OpinionUnited Kingdom?
Plans to levy an extra business rate on the biggest retailers in Scotland are another sign of why devolution is bad news for retailers
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NewsRetailers to increase prices above VAT rise
Retailers are planning to use next year’s VAT rise as an opportunity to mask more extensive price increases according to accounting group KPMG.
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NewsBusiness rates revamp under Localism Bill
Local authorities will have greater control over setting business rates under new powers proposed in the Localism Bill.
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NewsLandlords kick start talks with retailers over new developments
Property giants Land Securities and Hammerson have kick-started talks with retailers about taking space in upcoming shopping centres.
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NewsCo-op to create 7,000 jobs
The Co-operative Group is to create 7,000 jobs as it gears up to take on the big four grocers.
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NewsWickes sales grow as shoppers buy ahead of VAT rise
DIY chain Wickes like-for–likes grew 0.6% in the 47 weeks to November 27 with turnover up 2.7%.
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NewsCarpetright profit slides
Carpetright group pretax profit fell from £11m to £9.8m in the 26 weeks to October 30.
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NewsTube strikes set for Boxing Day
London retailers are braced for a further blow to sales this Christmas after Tube drivers voted in favour of a walkout on Boxing Day.
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NewsWalmart closes Moscow office
Walmart is to close its office in Moscow, but said that it remains interested in entering the Russian market through “an attractive acquisition”.
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NewsReiss and Whistles to repeat items in Royal engagement pictures
Reiss and Whistles are to repeat for spring 11 the items worn by Queen-in-waiting and budding style icon Kate Middleton for her official engagement photographs following an uplift in demand.
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NewsBangladeshi textile workers clash with police over pay
Thousands of Bangladeshi garment workers have clashed with police over the failure of factories to implement a new, higher minimum wage.