More on Me + Em – Page 296
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NewsNatura profits increase but The Body Shop continues to face challenges
Natura &Co posted strong profitability in the first quarter of 2023, but said The Body Shop was “still showing top-line challenges” as revenues fell.
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NewsFarmison reopens for business as ex-Asda boss Clarke takes reins
Online butcher Farmison & Co has begun trading again following its purchase out of administration by a consortium headed by former Asda chief executive Andy Clarke.
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NewsMarks & Spencer injects fresh funding into Nobody’s Child
Marks & Spencer has provided further funding to Nobody’s Child, the “eco-conscious” brand in which it took a stake two years ago and which is a key partner in its third-party brands strategy.
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NewsExclusive: Matalan taps up Fiona Lambert for consultancy role
Matalan is understood to be bringing Fiona Lambert on board on a consultancy basis, Retail Week can reveal.
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NewsJD Sports snaps up French specialist Courir in €520m deal
JD Sports intends to buy French sports footwear and apparel group Courir as it enacts the strategy set out by new chief executive Régis Schultz.
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NewsInflation drives retail sales rise in April as volumes fall
Retail sales rose by value in April, but volumes fell across the board.
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NewsJohn Lewis staff prepare to vote on strategy as council meets
John Lewis Partnership chair Dame Sharon White faces scrutiny over her strategy as the group’s council meets.
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Innovation of the WeekInnovation of the Week: Albert Heijn trials ‘True Price’ to reveal real cost of food
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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AnalysisThe Disruptors: Five brands changing the game in sports and fitness
The latest instalment of Retail Week’s Disruptors series showcases the brands making waves in the sports and leisure sector
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DataMoney talks: Data on what will get 2,000 consumers spending
One of the major areas of retail transformation over the past decade has occurred at the checkout – with consumers now using a raft of new payment types to make purchases online and in-store.
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NewsAmazon faces more strikes as new warehouses back industrial action
Amazon workers are planning more strikes after staff at two more warehouses backed a vote on whether to take industrial action.
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NewsCoronation expected to cost online retailers £128m
King Charles’ coronation is expected to cost online retailers £128m as people around the UK host parties or attend events.
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NewsMoss Bros profits surge as shoppers ‘dress up again’
Menswear retailer Moss Bros has reported “another year of strong profit” as the demand for occasionwear booms and shoppers “dress up again”.
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NewsAdidas sales flatline as Yeezy fallout deepens
Adidas posted flat sales in the first quarter of 2023, as the global sportswear giant admitted the loss of the Yeezy brand is “of course hurting us”.
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NewsBoohoo ‘demanding’ 10% discount from suppliers
Online fashion giant Boohoo has asked suppliers for a 10% discount on both its delivered and undelivered orders in a bid to control costs, according to a report in The Times.
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NewsApple’s dip in sales offset by demand for iPhone
Apple has posted a decline in sales in the second quarter, but demand for iPhones has held up overseas.
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsApril footfall boosted by Good Friday and Easter Saturday shopping
Retail footfall increased in April as shoppers hit stores to spend ahead of Easter Sunday.
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NewsStone Island names former Gucci executive as new CEO
Stone Island has announced the appointment of Robert Triefus as the brand’s new chief executive from June 1.
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NewsHolland & Barrett acquires fit-tech start-up Avie as it looks to go beyond retail
Holland & Barrett has acquired fit-tech start-up Avie as it looks to “extend its reach beyond retail through the creation of personalised wellness solutions”.