All News articles – Page 1518
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NewsMorrisons considers kidswear range
Morrisons is understood to be weighing up offering a kidswear range as part of chief executive Dalton Philips’ development plans.
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NewsHugo Boss sell-off suits new-look Moss Bros
Moss Bros boss Brian Brick has hailed the decision to sell its 15 Hugo Boss franchise stores to Hugo Boss UK for £16.5m as a “transformational” moment for the group.
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Borders intends to stay in business
Entertainment retailer Borders said it fully intended to stay in business, despite widespread reports that it may be preparing a Chapter 11 bankruptcy filing.Bloomberg News had reported that the company could file for bankruptcy protection within days and would seek to close at least 150 stores. Borders said that it ...
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NewsGeneral stores boosted by January sales rise
A January sales fillip, takeover talk and musical chairs in the boardroom helped buoy up general retailers over the week and they outperformed the All-share index.
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NewsThe Body Shop builds up top team with promotions
Ethical cosmetics retailer The Body Shop has strengthened its executive committee with a number of internal promotions.
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JC Penney to launch The Foundry Big & Tall Supply Co
JC Penney has announced plans to launch a new retail concept catering to the big and tall male customer.The chain will trade under the banner The Foundry Big & Tall Supply Co and will carry branded apparel and accessories as well as its private-label and exclusive merchandise. The stores will ...
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NewsRoyal wedding bank holiday to hit store costs
Leading retailers face higher staff costs due to this year’s extra bank holiday for the Royal Wedding.
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NewsAsda hits back in row over price guarantee
Asda marketing chief Rick Bendel is confident the advertising regulator will dismiss rivals’ complaints about its 10% cheaper guarantee.
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NewsSainsbury’s improved offer impresses analysts
City analysts came away from a company visit last week impressed by the improvements Sainsbury’s is making in non-food.
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Gap names Art Peck as new president of Gap North America
Gap has named Art Peck its new president of Gap North America, effective immediately. Peck previously handled corporate strategy and oversaw the outlet division.He succeeds Marka Hansen, who has led the Gap brand in North America since 2007. Meanwhile, Pam Wallack, the current president of Gap Adult North America, will ...
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Shoppers to decide Brand Alley offer
Private sales etailer Brand Alley has introduced a section on its website that allows shoppers to decide what products will go on sale.
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NewsFrench Connection steams ahead
Fashion group French Connection expects profits for the year just ended to be at least £6.8m, compared with a restated £1m last year.
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NewsWade-Gery hiring ‘shows M&S is thinking ahead’
High-profile appointment being interpreted as succession planning by chief executive Marc Bolland
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NewsHed Kandi shuts stores less than a year after launch
Music and lifestyle retailer Hed Kandi has shut its two stores less than a year after opening.
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NewsPeacocks prompts IPO speculation after beginning hunt for chairman
Value fashion group Peacocks intends to appoint a chairman for the first time in five years, prompting speculation that an IPO may be on the cards.
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NewsGo Outdoors considers float as its plans for growth accelerate
Outdoor specialist Go Outdoors will decide whether to push the button on a float of the business early next year, after having ruled out a sale.
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Kesko net sales rise 3.9% to £7.5bn
Retail group Kesko has reported a net sales rise of 3.9% to E8.8bn (£7.5bn) for 2010, with operating profit nearly doubling to E268m (£230m).In Finland, net sales increased by 4.3% and in other countries by 2.2%. International operations, which include Scandinavia, Baltics and Russia, accounted for 16.7% of net sales. ...
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News22 British Bookshops stores bought by WHSmith
The British Bookshops & Stationers (BBS) name is set to survive for the foreseeable future after WHSmith purchased the intellectual property rights of the business plus 22 stores for £1m.
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LVMH jumps 19% to reach £4.6bn
Luxury goods and specialist retailer LVMH’s retailing arm recorded revenue growth of 19% in 2010 to reach E5.4bn (£4.6bn), and posted a profit of E388m (£332m), up 38% on 2009.Travel retail operator DFS posted a strong performance attributed to the rise in international travel, notably among Asian tourists.Beauty chain Sephora ...