All articles by Lisa Berwin – Page 32
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News
Otto’s entry into Turkey won’t bring quick wins
At the end of this month German home shopping giant Otto Group will take its first steps into Turkey by testing newly acquired private shopping site Limango there.
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NewsViyella to launch new menswear range
Viyella, the classic womenswear retailer acquired out of administration by Austin Reed, is to launch a new full menswear collection.
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News
New boss for Woolworths online shop
Shop Direct Group has brought in a new boss for its online Woolworths store which launches this summer.
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NewsSainsbury’s gains market share as Easter promotions pay off
Sainsbury’s has grown market share and its growth rate has exceeded those of the other top supermarkets in the 12 weeks to April 19.
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NewsRetail sales get an unexpected lift in April
Retail sales in April were better than expected according to the CBI, with sales volumes unexpectedly flat after more than a year of decline.
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NewsDunelm enjoys sales lift
Dunelm has reported an improving performance with like-for-like sales up 2.3 per cent in the 17 weeks to April 25.
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NewsN Brown defies downturn with solid year
N Brown has continued to outperform the market with underlying pre-tax profits soaring 11.3 per cent to £82.7m in its full year to February 28.
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NewsRadley appoints Sven Gaede as chief executive
Radley has appointed Sven Gaede as its new chief executive.
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NewsJJB Sports CVA approved
JJB has come one step closer to securing its future as its company voluntary arrangement (CVA) was today approved by the majority of its creditors.
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NewsHMV to trial cinemas
HMV will open its first cinema this autumn as it continues to expand its reach beyond core entertainment retailing.
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NewsAmazon sales and profits soar
Amazon has reported a strong first quarter with profits soaring 24 per cent to $177m (£121m).Amazon’s international sales, including the UK, jumped 15 per cent to $2.31bn (£1.58bn) for the period. Excluding the impact of exchange rates, international sales rocketed 28 per cent.Total sales across the group grew 18 per ...
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NewsSuperdry to expand as young fashion thrives
Young-fashion retailer Super-group is taking advantage of the recession-proof younger fashion market to race ahead with its expansion plans.
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AnalysisSocial Trends: How Britain behaves
Modern Britain is changing, and if retailers are to survive the downturn understanding these evolving social trends could make all the difference.
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NewsHopes rise that JJB will win approval for CVA
JJB has received a positive response from its creditors over its proposed company voluntary arrangement (CVA), giving it fresh hope that its future can be secured.
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NewsH&M has another hit with new Matthew Williamson range
H&M has had another strong response to its latest designer collaboration, Matthew Williamson for H&M.
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News
Flying Brands continues restructure with improved start to the year
Flying Brands has had a stronger start to its new financial year with orders ahead 2.4 per cent on a like for like basis in the 13 weeks to April 3.As part as a drive to improve efficiencies the home shopping group said it is targeting a 15 per cent ...
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NewsAlexon profits dive as Bay Trading suffers tough competition
Fashion group Alexon has revealed that pre-tax profits before exceptionals plummeted to £3.5m in its full year to January 31, from £16.4m the year before.After exceptionals of pre-tax losses were £27.7m, down from a £12m profit in 2008.Turnover fell 4.5 per cent to £250.3m with like for like sales down ...
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NewsAnnual growth of online sales slows
Year-on-year growth for online retailers is beginning to slow as sales for March grew just 19 per cent, lower than the year before.Month-on-month sales continued to grow up 9 per cent as online shopping continues to grow in popularity, according to the latest IMRG Capgemini e-retail Sales Index.Capgemini UK head ...
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NewsDeflation for first time since 1960
The retail price index (RPI) has fallen into negative territory for the first time since 1960 as decades of inflation come to an end.In the year to March all items on the RPI fell by 0.4 per cent compared with no change in February according to the Office of National ...
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NewsChancellor agrees £5bn deal with largest credit insurers
The Chancellor is expected to deliver some much-needed good news to retailers in his Budget tomorrow revealing a temporary scheme to ensure a £5bn provision for supply chain insurance.