All News articles – Page 1585
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NewsLouise Barnes joins Fenn Wright Manson as part of sale deal
Fenn Wright Manson, the contemporary womenswear brand and retailer, has been sold to Darwin Private Equity for an undisclosed sum. Former Fat Face chief executive Louise Barnes has been hired as executive chairman.
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NewsAlliance Boots to cut 900 non-store based roles
Alliance Boots is to axe around 900 non-store based roles in the UK in a bid to reduce operating costs by around £56m a year by 2013/14.
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NewsMy-wardrobe hires creative director
My-wardrobe.com has joined the trend for online fashion retailers to hire editors by appointing Grazia founder Fiona McIntosh as consultant creative director.
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NewsHouse of Fraser plots Biba standalones
House of Fraser is considering opening standalone stores for British brand Biba, just a month after the department store introduced the label into its stores and website.
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NewsHarrods profits surge 40%
Harrods reported a 40% surge in profits in the final year under its colourful owner Mohamed Al Fayed.
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NewsPhones4U reveals plunge in profits
Mobile phone retailer Phones4U has revealed a plunge in profits last year.
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NewsWhitbread boss joins Kesa board
Whitbread chief executive Alan Parker has joined the board of Anglo-French electricals giant Kesa.
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NewsAmerican Apparel amends loan deal
US chain American Apparel has re-negotiated the terms of a loan agreement with its lender Lion Capital, but will have to significantly boost profitability over the next three years to keep in with the terms of the new deal.
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NewsThe Carlyle Group buys NBTY
Global asset management firm The Carlyle Group has completed its $4bn acquisition of NBTY, which operates the Holland & Barrett chain.
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NewsIkea breaks with history to reveal annual results
Furniture giant Ikea has broken its traditional habit and issued full-year results in acknowledgement of widespread interest in the business.
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NewsConvenience store chains in board room dispute
Convenience chains Costcutter and Nisa Today’s are embroiled in a row after Costcutter chairman Colin Graves resigned from Nisa Today’s board in a dispute over a conflict of interest.
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NewsBRC warns of minimum wage rise impact
The British Retail Consortium (BRC) has warned that the government must limit next year’s National Minimum Wage to help retailers protect jobs.
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NewsJohn Lewis reports 15% weekly sales rise
Sales at department store chain John Lewis rose 15.1% last week to £58.7m.
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NewsPeacocks calls off sale
Fashion retailer Peacocks will not be sold after there was insufficient interest from potential buyers, Retail Week has learned.
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NewsGIVe closes Regent Street store
George Davies’ GIVe brand has exited its Regent Street store a year after it first opened.
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NewsHalfords is ‘investment opportunity’
Motor accessories and bikes group Halfords remains on analysts’ buy lists despite the departure of finance director Nick Wharton and anticipation of weakening sales.
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NewsExpanding Sainsbury’s opens its largest store yet
Sainsbury’s opened its largest store this week as it seeks to fulfil its ambitious expansion plans.
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NewsHabitat poaches a second Fat Face executive to strengthen its team
Furniture chain Habitat has poached lifestyle fashion chain Fat Face’s finance director Shaun Wills as its new chief operating officer.
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NewsNext joins with Sears to sell clothing online in US
Next is to sell clothing online in the US in partnership with retail giant Sears.
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NewsDual-branded phone stores may lead to closures
Everything Everywhere, the mobile phone retailer created by the merger of T-Mobile and Orange, will trial dual-branded stores next month in a move that could result in store closures.