More on Me + Em – Page 390
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NewsGymshark international restructuring plan puts 121 jobs at risk
Gymshark has outlined proposals for restructuring at the sportswear brand that could lead to the loss of 121 jobs.
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NewsPaul Polman: Retailers that fail on climate change are ‘heading to the graveyard’
Former Unilever boss Paul Polman has urged retailers to escape “the rat race of quarterly reporting” in order to drive longer-term change on sustainability.
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NewsFarfetch invests up to $200m in Neiman Marcus in ‘pivotal point’ for US luxury market
Farfetch will snap up a minority stake in US department store chain Neiman Marcus as part of a strategic partnership between the two luxury retail firms.
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NewsIceland cuts minimum order value for free delivery to help cash-strapped shoppers
Iceland has launched a trial to reduce the minimum order value required to access free delivery slots for online shops in a bid to help shoppers “feeling the pinch” in the growing cost of living crisis.
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NewsShein hits $100bn valuation following fundraising
Chinese fast fashion giant Shein has been valued at more than $100bn in its new fundraising round, surpassing the market capitalisation of Inditex and H&M combined.
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Future LeadersRetail Week launches programme to drive greater diversity in legal roles
Retail Week’s General Counsel Summit 2022 sees the launch of the Future Leaders programme – in partnership with Be Inspired – to help support junior lawyers from underrepresented backgrounds to fulfil their career aspirations.
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Opinion‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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NewsThe Works forced to close several stores following cyberattack
The Works has temporarily shut some of its shops and suspended deliveries to stores in response to a cyberattack last week that involved “unauthorised access to its computer systems”.
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NewsMorrisons’ new owner to sell £500m of grocer’s property portfolio
Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.
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NewsMarks & Spencer joins resale market with childrenswear investment
Marks & Spencer has penned a deal with resale platform Dotte that will allow customers to buy and sell second-hand childrenswear.
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OpinionLuke Jensen: ‘It’s time to change the 20th-century grocery model’
A radical rethink of the grocery value chain and long-term investment in labour productivity growth are essential. Tinkering at the margin won’t be enough, argues Ocado Solutions chief executive Luke Jensen.
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Retail VoiceHybrid retail – are you ready for it?
As retail constantly evolves to provide consumers with personalised digital experiences, Citrix’s Christian Schwendemann asks whether the industry is ready for a new way of thinking.
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NewsLush unveils 24-hour vending machine ‘micro store’
Lush has opened its first fully automated shopping experience in London, following the news that the retailer has returned to profit.
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GalleryStore gallery: Marks & Spencer opens Goodmove activewear pop up
Marks & Spencer has opened a pop-up store to showcase its Goodmove athleisure brand.
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NewsTed Baker puts itself up for sale following fresh bids
Fashion retailer Ted Baker has launched a formal sales process after receiving unsolicited bids from private equity firm Sycamore Partners and an unnamed third party.
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GalleryStore gallery: Next launches combined beauty, home and fashion store
Next has opened its first department store incorporating its beauty, home and fashion offers under one roof.
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NewsShein mulls fresh fundraising round at $100bn valuation
Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.
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NewsM&S Marble Arch flagship demolition to be reconsidered by Mayor of London
The Mayor of London will reconsider the decision to approve Marks & Spencer’s planned demolition of its Marble Arch store following a major backlash.
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AnalysisExplosive consumer poll: Is greenwashing working?
Retail Week’s Green is the New Black report has ignited debate on social media as to how much consumers know – and care – about sustainability. We take a closer look at its findings.
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Retail VoiceIs your payments technology stack holding you back?
Too often, retailers don’t give payments, and the technology behind them, the attention they deserve, says Checkout.com’s Moshe Winegarten, but in today’s increasingly competitive ecommerce environment, could this be holding them back?