More on Me + Em – Page 2107
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InterviewQ&A: French Connection finance director Roy Naismith
French Connection’s “disappointing” first quarter results to May 17 have led to a third profit warning for the fashion retailer in the past seven months, with analysts downgrading group profit for the year to a loss of £0.5m from a profit of £4.7m.
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AnalysisAnalysis: What does Asda's performance mean for the market?
Asda reported another improving like-for-like performance in the last quarter as it continues to appear on song.
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OpinionAs Clinton Cards collapses, what are the PR lessons from retail failures?
In old black and white Westerns, the shopkeeper who runs the general store is at the heart of storytelling in the community.
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NewsAsda records 2.2% like-for-like sales rise
Asda has recorded a 2.2% uplift in like-for-like sales in the 12 weeks to March 31.
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NewsOnline clothing sales record lacklustre growth
Shopper sentiment was dampened in April as online clothing recorded its lowest ever growth.
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NewsMy-Wardrobe set to enter Asia
My-Wardrobe.com is to expand into Asia starting with a business in Singapore.
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NewsPlay.com owner Rakuten invests in Pinterest
Rakuten, the Japanese etail giant which owns Play.com, is leading a $100m investment in social networking site Pinterest.
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NewsFrench Connection warns on profits
Fashion group French Connection has issued another profit warning after sales went into tailspin in the first three months of the year.
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AnalysisWhat’s in store for the high street?
After years of economic turmoil and the advance of digital, the high street is undergoing a period of unprecedented change. Rebecca Thomson considers how things might look like in a decade.
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News
Banana Republic may launch in Australia
Gap-owned fashion retailer Banana Republic may launch in Australia, it has been reported. Local operator Busbrand is in talks for the licence for the brand. “It’s early days but we’re very excited,” says Busbrand chief executive Andrew Bousie.Busbrands operates three Gap stores in Australia and as well as fashion chains ...
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News
Spar International’s partnership with Max Hypermarkets to end
Spar International’s partnership with Landmark Group’s Max Hypermarkets is to come to an end in December. Both companies are to pursue separate strategies to expand their retail presence across the country.A Spar spokesman said: “Spar now wishes to extend its footprint nationwide through new partnership arrangements with a range of ...
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NewsJesse Boot painting at National Portrait Gallery
Legendary entrepreneur Jesse Boot took his place in the National Portrait Gallery last week, when the health and beauty retailer that bears his name loaned a painting of the groundbreaking Victorian businessman.
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NewsGeorge targets online growth after multichannel boost
Asda’s fashion business George aims to generate 10% of sales online after bolstering its multichannel offer.
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NewsSainsbury’s launches mobile grocery site
Sainsbury’s launched its mobile grocery website this week as competition for smartphone spend hots up.
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NewsWhittard reviews overseas expansion plans
Tea and coffee specialist Whittard of Chelsea is to expand in to the Ukraine and Mexico as it continues to pursue international growth.
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OpinionWill Bolland's initiatives shape up for M&S?
Next week brings the main opportunity to find out how Marc Bolland’s strategy at Marks & Spencer is progressing when the retail bellwether posts full-year results.
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OpinionValue sector facing a shake-out
So the UK is again in recession. GDP figures last month confirmed fears of a double dip and prompted speculation over the impact on consumer confidence.
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NewsJJB’s new store model wins Nike support
JJB Sports’ new store model has won the support of key supplier Nike, which will bring new performance product into the retailer’s stores.
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News
Massmart appoints Guy Hayward as chief operating officer
Walmart-controlled Massmart has appointed Guy Hayward, chief financial officer since 2001, as chief operating officer. He reports to chief executive Grant Pattison. Group finance executive Ilan Zwarenstein succeeds Hayward as chief financial officer. Zwarenstein has also been appointed to the board and the Massmart executive committee.The retailer said Pattison would ...
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NewsClinton Cards to close 350 stores as Birthdays leaves the high street
The administrators of Clinton Cards are to shut 350 stores, including the entire Birthdays chain, starting next week after concluding the retailer is “burdened with an untenable retail estate”.