All News articles – Page 1497
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NewsGeorge at Asda promotes careers in fashion with education drive
George at Asda has thrown its weight behind the training and education of fashion students with the launch of an open-house Education Day and a fully funded university programme.
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NewsMothercare to make play for South America
Mother and baby specialist Mothercare aims to expand into South America as it ramps up its international operations.
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NewsBank lines up cash injection for All Saints
Icelandic bank Kaupthing was on standby to provide emergency funding to fashion group All Saints as Retail Week went to press.
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Ahold has opened its first Albert Heijn store in Belgium
Ahold has opened its first Albert Heijn store in Belgium. Among the 12,000 products sold 1,500 are Flemish, including a wide range of Belgian beers and chocolates. All items are offered at the same prices as at Albert Heijn in the Netherlands.At the store, which covers floor space of 13,450 ...
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NewsSCS set to forge ahead with new stores despite trading slowdown
Sofa retailer SCS is pushing ahead with store expansion plans despite a slowdown in trading last month.
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NewsJJB granted second shot at survival after CVA agreed
JJB Sports has been given the green light for a company voluntary arrangement (CVA) by creditors and shareholders in order to stave off administration.
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Netflix to link accounts with Facebook
Netflix has reportedly begun asking users to link their Netflix accounts with Facebook in order to share information about what films they are watching with friends and family.Netflix has been rolling out versions of the new Facebook integration to test users over the past few weeks. Facebook is increasingly being ...
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Williams-Sonoma Q4 net revenues up 9.7% to £740m
Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery ...
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Hornbach Holding net sales grow 5.7% to £2.6bn
DIY operator Hornbach Holding has revealed net sales growth of 5.7% to E3.02bn (£2.6bn) for the financial year ended February 28.DIY store division Hornbach-Baumarkt-AG achieved growth of 5.6% year on year. Builders material wholesale division Hornbach Baustoff Union increased its net sales by 8.4% to a still marginal E180m (£158m).
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Deichmann sales up 13% to £58m
Deichmann has filed a 13% increase in sales for the 2010 fiscal year to HUF19.9bn (£58m), with an uplift in volumes from 2.67 million to 3.17 million pairs of shoes.Deichmann currently has 72 stores in Hungary, 11 of which opened last year. This year it plans to open four new ...
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Apoteket to roll out 100 vending machines selling non-prescription drugs
Leading pharmacy operator Apoteket expects to roll out about 100 vending machines selling non-prescription drugs and other healthcare items in the first half of 2011.A machine can hold up to 60 products and all will be located at convenience stores, shopping centres and major travel interchanges.Apoteket director of distribution and ...
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Cencosud sales up 16.1% to £7.3bn
Cencosud has posted a 16.1% increase in net sales to CLP6.19 trillion (£7.3bn) for 2010, while operating profit reached CLP306.5bn (£364m), as domestic demand recovered from the global financial crisis.Cencosud’s Chilean operations account for 46% of annual revenue, while the remainder comes from its four other South American operations.
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NewsTom Singh reinstates Roger Wightman in New Look buying role
New Look founder Tom Singh has reappointed Roger Wightman to the role of group buying director at the fast-fashion chain just weeks after he was ousted by former chief executive Carl McPhail.
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NewsRetail sales volumes down 1% on previous month
The volume of retail sales excluding petrol was down 1% in February on the previous month, while value, excluding petrol, was down 0.4% according to the Office of National Statistics.
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NewsShoppers complain over Waitrose's new website
Waitrose has suffered a blow after customers complained of problems on its new £10m website, which was launched with much fanfare two weeks ago.
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NewsClinton Cards first half profits fall 41%
Clinton Cards pre-tax profit plunged 41% in the first half of its 2011 financial year.
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NewsTed Baker pre-tax profits up 24.2%
Ted Baker pre-tax profit rose 24.2% to £24.2m in its full-year results but the quirky fashion retailer warned that the outlook for 2011 is uncertain.
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NewsPlay.com customer email addresses leaked
Entertainment etailer Play.com has suffered a possible security breach after customers complained of receiving spam emails to addresses only used for transactions on its site.
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NewsHotel Chocolat opens first phase of its hotel in St Lucia
Chocolatier Hotel Chocolat has opened the first phase of its hotel at its cocoa plantation in St Lucia.
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NewsMarks & Spencer strikes design partnership with Sir Terence Conran
Marks & Spencer has struck a partnership with legendary designer and retailer Sir Terence Conran to produce an exclusive home collection.