All articles by Grace Bowden – Page 35
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VideoWatch: Can Flannels clean up for Sports Direct?
As Sports Direct opens its long-awaited Flannels flagship on Oxford Street, the team debate if the £10m store is a wise investment or an expensive distraction from the group’s much-publicised problems.
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NewsBoden boss Jill Easterbrook to step down at year-end as profits rise
Boden chief executive Jill Easterbrook will step down at the end of the year as the retailer warns that current trading has been hit by “ongoing consumer uncertainty”.
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AnalysisAnalysis: Have the wheels come off Halfords’ new strategy?
Halfords has unveiled a disappointing trading update and downgraded its profit guidance for the second time in 12 months.
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NewsDebenhams lines up Deloitte as CVA challenge begins
Debenhams has sought counsel from advisors Deloitte as it prepares to face a legal case brought against its CVA by one of its landlords.
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NewsAmazon poaches Asda legal chief after failed Sainsbury’s merger
Amazon has appointed Asda’s general counsel and company secretary Alex Simpson, who advised Asda on its unsuccessful merger bid with Sainsbury’s.
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NewsGreen prepares to split up Arcadia fashion empire
Sir Philip Green is plotting to separate retailers within the Arcadia group in a bid to offload different brands.
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AnalysisHow Burberry is using apps to make luxury retail luxurious again
Burberry’s vice president of digital commerce Mark Morris lifts the lid on the latest iteration of the retailer’s mobile app as the luxury giant strives to create an “intimate relationship” with its top-tier customers.
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NewsHMV set to unveil new experiential Birmingham flagship
HMV will open a new flagship in Birmingham city centre next month which will act as a live music space and focus on vinyl records.
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NewsSports Direct boss Mike Ashley faces growing shareholder revolt
A third proxy advisor has called for shareholders to vote against Mike Ashley’s re-appointment as chief executive of Sports Direct at its upcoming annual general meeting (AGM).
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NewsShoe Zone issues profit warning as chief executive exits
Shoe Zone chief executive Nick Davis has resigned from his role as the retailer warns that full-year profits will be below expectations due to “tough high street trading”.
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NewsCustomer confidence slides amid political upheaval
Customer confidence declined across all measures in August as shoppers’ outlook on their personal finances and the economy faltered.
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NewsArcadia digital boss Andy Harding takes helm at Openpay
Arcadia’s interim chief digital officer Andy Harding has been appointed as UK managing director of buy now, pay later firm Openpay.
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AnalysisNotonthehighstreet’s new boss brings a fresh perspective
Notonthehighstreet’s new chief executive Claire Davenport may be travelling from Oxford to Richmond, south-west London, for her new role, but in her spare time she is attempting a rather more ambitious commute.
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NewsApollo ties up with Alteri for new distressed retail fund
US investment firm Apollo has more than doubled its investment in turnaround specialist Alteri Investors to set up a second investment vehicle focused on the EU retail sector.
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AnalysisAnalysis: The risks and rewards of facial recognition in retail
Facial recognition technology burst into the headlines this month following an exposé in the Financial Times about its use in London’s King’s Cross.
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NewsTK Maxx owner quarterly sales and profits climb
TK Maxx’s parent company TJX has posted an uplift in second-quarter sales and income despite a decline in profit margin.
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OpinionDoes Farfetch have to spend so much to make money?
When Farfetch made its $6bn debut on the New York Stock Exchange last September, the online marketplace was unlikely to predict it would face legal action from disgruntled investors less than a year later.
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NewsNotonthehighstreet appoints ex-HelloFresh boss as new CEO
Notonthehighstreet has appointed HelloFresh’s former UK boss Claire Davenport as its new chief executive as current CEO Barrie Seidenberg steps down for health reasons.
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NewsPhilip Green set to settle Arcadia CVA challenges
Sir Philip Green is understood to be close to reaching out-of-court settlements of two challenges brought by landlords following its CVA.
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NewsMajestic Wine lures old boss Colley back from Kingfisher
Majestic Wine’s previous chief executive John Colley is understood to be returning to the retailer two years after departing under its new ownership.