All Retail Week UAT articles in May 2023 – Page 9
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NewsJohn Lewis drafts in former Hobbs boss to board
John Lewis Partnership has appointed former Hobbs chief executive Nicky Dulieu as a non-executive director.
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NewsSuperdry completes £12m equity raise
Superdry has successfully completed an equity raise of £12m as the retailer pursues a turnaround programme.
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NewsNext sales dip but remain in sync with guidance
Next has performed better than its sales guidance for the first quarter but said it was “too early in the year” to alter profit guidance.
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GalleryStore gallery: Exclusive look at Liverpool’s ‘one of a kind’ Eurovision shop
The official Eurovision Song Contest pop-up store has opened at the Liverpool One shopping centre ahead of the city hosting the event from May 9.
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NewsReiss launches partnership with McLaren Formula 1 team
Fashion retailer Reiss has signed with the McLaren Racing Formula 1 team to be its “official travel wear partner” in a new multi-year deal.
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NewsCard Factory targets Middle East and Africa as it looks to go global
Card Factory is looking to expand in seven international markets and has announced its partnership with Middle East-based Liwa Trading Enterprises, which will act as its exclusive franchise partner in the region.
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NewsWickes’ sales knocked by poor weather
Wickes has reported a slip in lIke-for-like sales as bad weather affected demand for seasonal lines.
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NewsJohn Lewis reports soaring sales of coronation merchandise
Sales of coronation memorabilia have rocketed at department store group John Lewis as the royal event approaches.
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NewsCard Factory profits leap as shoppers return to stores
Card Factory has reported a surge in full-year profits as customers returned to stores and it had a strong Christmas.
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NewsSuperdry launches £12m fundraising to strengthen balance sheet
Fashion retailer Superdry has formally unveiled an equity raise to bolster its balance sheet as it pursues a turnaround programme.
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NewsExclusive: Space NK to open first Welsh store as it goes on expansion trail
Space NK is set to expand its bricks-and-mortar offering with a debut store in Wales opening at the end of this summer, Retail Week can reveal.
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NewsApollo enlists former Coty and Holland & Barrett bosses to advice on THG buyout
Private equity firm Apollo Global Management has recruited former Coty boss Camillo Pane and former Holland & Barrett chief executive Tony Buffin to advise on a THG buyout.
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NewsAdidas in legal dispute with investors over Yeezy partnership
Investors have filed a class action lawsuit against sportswear giant Adidas, claiming the company was aware of Kanye West’s problematic behaviour years before their falling out.
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NewsJohn Lewis set to downsize London HQ as staff favour working from home
John Lewis Partnership is set to exit its headquarters and search for new offices in central London “because it needs less space” as staff continue to work from home following the pandemic, according to a report in The Times.
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InterviewInterview: Ikea boss Peter Jelkeby on his plans to ‘spice things up’ on Oxford Street
Ikea UK and Ireland chief executive Peter Jelkeby fizzes with excitement about the brand’s new city-centre digs.
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Innovation of the WeekInnovation of the Week: Zalando pilots virtual fitting room in 25 countries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsShop price inflation ‘likely to have peaked’ in April
Inflation is “likely to have peaked” during the first week of April, despite continuing to reach record highs in some categories, according to the latest figures from the BRC-Nielsen Shop Price Index.
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NewsGymshark CEO says brand’s future is on the high street
Gymshark founder and chief executive Ben Francis has said the long-term future of the brand is on the high street and physical stores.
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NewsTJX’s Greenlees wins World Retail Congress Woman of the Year
Louise Greenlees, TK Maxx owner TJX’s group president, was named Woman of the Year at the World Retail Congress in Barcelona.
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NewsCrocs raises outlook as revenues soar
Footwear retailer Crocs has raised its full-year outlook and credited a hike in revenues to the “strength” of its brands including Hey Dude, which it acquired last year.