More on Me + Em – Page 2333
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NewsInflation remains unchanged at 4.5% in May
Inflation remained unchanged at 4.5% in May, according to the Office for National Statistics (ONS).
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NewsVoucher specialist Park Group pre-tax profits soar
Christmas hamper and voucher specialist Park Group’s pre-tax profit soared 33% to £7m in its financial year ending 31 March.
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NewsTed Baker sales soar ahead of expectations
Premium fashion retailer Ted Baker has beaten analysts’ expectations, posting a 15.2% rise in group revenue for the 19 weeks to June 11.
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NewsTesco reports subdued UK sales, but international holds up
Tesco has reported UK like-for-like sales excluding petrol and VAT down 0.1% in its first quarter to May 28, reflecting the subdued market.
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NewsBest Buy UK big boxes lose £62m in first year
Best Buy’s fledgling big box business lost £62.2m in its first full year of operating in the UK, joint venture partner Carphone Warehouse reported.
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NewsGame appoints new boss of UK and northern Europe
Game has hired Tom Devine as regional managing director of the UK and northern Europe.
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NewsH&M to open in Westfield Stratford
Swedish fashion giant H&M will open in Westfield Stratford City in the autumn and the store will be the second in the UK to stock its homeware collection.
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NewsMohamed Al-Fayed linked to Cocosa acquisition
Former Harrods owner and entrepreneur Mohamed al-Fayed is reported to be plotting a return to retail by acquiring online luxury business Cocosa.
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GalleryNike Town, Oxford Circus
The Champions League celebrations in Barcelona and Wembley seem a rather distant memory a few weeks on, but Nike Town did its best to prolong things
with an in-store event that seemed to be capturing the imagination of everyone entering the store. -
NewsUK luxury market to grow 57% by 2015
The continued success of brands such as Burberry and Jimmy Choo will help the UK luxury sector to grow by 57% to £9.4bn by the end of 2015, according to research from luxury trade body Walpole.
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NewsReuben brothers take £2m stake in Blue Inc
Billionaire investors the Reuben brothers have taken a holding in fashion retailer Blue Inc, it is understood.
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NewsRepublic asks banks for headroom
Republic, the branded young fashion chain, has asked its banks for increased financial flexibility as it contends with challenging trading conditions.
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NewsKing and Robertson honoured in Queen's birthday honours list
Retail heavyweights Justin King and Nick Robertson have been honoured in the Queen’s birthday honours list.
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NewsSir Terry Leahy invests £2m in supply chain tech firm
Sir Terry Leahy has invested £2m of his fortune into a British software company he believes could transform retailers’ supply chains.
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OpinionThe case for Waitrose cafés
There’s a lot to be said for enjoying a cup of coffee while doing your shopping at Waitrose, but are standalone cafés a good move?
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NewsFoyles to open in Westfield Stratford City
Bookseller Foyles is to open a store in Westfield Stratford City, bringing its branch count to seven.
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NewsMajestic Wines profits surge 27%
Majestic Wines group pretax profits surged 26.6% to £20.3m in the 52 weeks to March 28.
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AnalysisHelping the unemployed back to work
Retailers are tapping different and more local sources for new recruits, finds Rebecca Thomson
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AnalysisA future proof investment?
With technology changing so fast, choosing what to invest in can be a minefield for retailers hoping to latch onto the next big thing. Rebecca Thomson considers how to predict future hits and misses
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NewsLife & Style sinks into administration
Fashion and homewares retailer Life & Style has fallen into administration, and private equity firm SKG Capital is circling it.