All News articles – Page 1430
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NewsReiss hires ecommerce director to drive multichannel growth
Reiss has drafted in former Boux Avenue ecommerce director Dan Lumb to spearhead Reiss’s strategy of growing the multichannel business at an international level.
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NewsRetail sales remain flat in July according to ONS
Retail sales remained flat in July according to the Office of National Statistics as cash-strapped consumers remained under pressure.
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NewsAbercrombie & Fitch sees income climb
American casualwear giant Abercrombie & Fitch co has reported a 64% rise in net income to $32m (£19m) for the 13 weeks to July 30 with total sales also rising.
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NewsOcado co-founder cuts stake in grocer
The co-founder of Ocado and his wife have sold some of its stake in the online grocer, despite shares trading at their lowest level since the group floated last July
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NewsTwelve more TJ Hughes stores to close
A further 12 TJ Hughes stores are to close, administrator Ernst & Young has revealed.
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NewsSainsbury’s to trial price match at the till
Sainsbury’s is gunning to win back its least loyal swing shoppers with the trial of a price match on branded products.
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NewsCustomers recognise our quality is improving, says Asda’s Clarke
Asda chief executive Andy Clarke is confident that the grocer’s efforts on quality are being recognised by customers, despite the tough climate taking a toll on its growth.
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NewsWilkinson launches upmarket own-brand
Wilkinson is launching an upmarket own-brand range including more than 100 home and kitchenware products as it seeks to appeal to quality conscious customer.
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NewsLombok insists it’s committed to growth despite second pre-pack
Lombok has not ruled out opening more stores after being bought out of pre-pack administration by its management for the second time in two years.
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NewsAsda accuses WHSmith of 'ripping off' back-to-school shoppers
Asda has accused WHSmith of “rip-off” stationery prices as the battle for back-to-school sales heats up.
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NewsRigby & Peller majority stake sold to Van de Velde
Belgian lingerie business Van de Velde has bought an 87% stake in lingerie retailer Rigby & Peller for an undisclosed sum leaving previous owners, the Kenton family, with a minority 13% holding.
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NewsClintons raids Dixons for new marketing director
Greetings card retailer Clintons has poached Dixons marketing man Tim Fairs as its new marketing director.
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NewsDebenhams reveals Indian expansion plans
Department store Debenhams has revealed major expansion plans for India, according to reports.
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NewsTK Maxx owner triples profits in Q2
TJX Europe, the parent company of off-price fashion chain TK Maxx, tripled its profits in the second quarter of 2011 as like-for-like sales in Europe remained stable.
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NewsPandora's float investigated as police called in
Denmark’s financial regulator has called in the police to investigate a bank involved in jewellery chain Pandora’s float.
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NewsWestfield Stratford 95% leased
Westfield Stratford is 95% leased or committed ahead of its opening next month.
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NewsLondon footfall slumps amid riots
Footfall slumped in London last week as people stayed away from the high street to avoid the riots and retailers shut up shops.
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Celesio reports first-half sales decrease
Drug distributor and pharmacy operator Celesio reported first-half sales down 1% to E1.75bn (£1.5bn) in its retail division, which includes Lloydspharmacy in the UK and DocMorris on the continent. The division’s pre-tax earnings fell 25.6% to E102.1m (£88m). The company attributed the decline to government measures and a fall in ...
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Amazon launches cloud-based version of Kindle
Amazon has launched a cloud-based version of its Kindle e-reader, allowing users to buy and read Kindle e-books from any device from within a web browser. Based on HTML5, the reader requires no download or installation and automatically stores books locally for offline reading.The move comes just two weeks after ...
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Indian government allows foreign direct investment
The Indian government has agreed in principle to allow foreign direct investment in multibrand retail joint ventures with an investment cap of 51%. The country already allows foreign companies to invest up to 100% in wholesale operations and 51% in single-brand retail operations. The change in the policy came about ...