All News articles – Page 166
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NewsPoundland expands Pepco fashion offering
Poundland has completed its rollout of new clothing ranges by parent company Pepco Group to 560 stores across the UK and Ireland.
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NewsWatches of Switzerland sales increase
Watches of Switzerland posted strong sales as demand for luxury watches remains robust despite a difficult consumer environment.
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NewsPrimark profits soar driven by sales increase in all markets
Value fashion retailer Primark posted a rise in profits as sales increased in all markets across the UK, Europe and the US in the full year ending September, 2023.
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NewsRetail sales slow as cautious consumers delay Christmas spending
UK retail sales growth slowed in October as households are putting off their Christmas shopping until they can “grab a bargain” over Black Friday, according to the BRC-KPMG Retail Sales Monitor.
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NewsMorrisons slashes festive basket prices
Morrisons has cut the prices of 58 popular festive items in its latest investment round, to give customers the best value this Christmas.
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NewsPanorama investigation accuses Boohoo of ‘breaking ethical promises’
Fashion giant Boohoo has been accused of breaking promises to make its clothing fairly and ethically as new evidence has emerged of staff at the fashion giant “pressuring suppliers to drive prices down”, even after orders had been agreed.
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NewsCurrys research reveals boom in secondhand tech
Research by electricals giant Currys reveals that 36% of Brits are likely to purchase secondhand tech while shopping on Black Friday and for Christmas.
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NewsSigna ‘funding crisis’ raises questions for Frasers and Selfridges
Frasers Group’s acquisition of SportScheck has reportedly been “thrown into question” as the German sportswear retailer is at risk of collapsing into administration.
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NewsMarks & Spencer embarks on ‘biggest ever’ store opening month
Marks & Spencer is set to open a record number of new stores this November in its “biggest ever” store opening month as it bolsters its bricks-and-mortar portfolio.
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NewsPrimark, M&S, Frasers and Dunelm sign new sustainability pledge
Primark, M&S, Frasers Group and Dunelm are among the retail giants to sign circular economy charity Wrap’s textiles 2030 initiative to “reduce carbon emissions, improve water stewardship and make the clothing and textiles sector more circular”.
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NewsRixo launches Try Before You Buy service
Fashion retailer Rixo has announced a partnership with technology start-up Harper to launch a Try Before You Buy service, which aims to “bridge the gap” between the in-store shopping experience and the convenience of ordering online.
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NewsWhite Stuff profits and sales rise in ‘strong’ year
White Stuff has reported a rise in both profits and sales in a “strong” year of growth for the fashion retailer in the early stages of its “ongoing business transformation”.
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NewsWilko confirms opening dates and locations for first three concept stores
Wilko has revealed the opening dates and locations for its first three concept stores, due to open before Christmas.
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NewsWickes underlines profit guidance as it grows market share
Wickes has reported an increase in core market share as it remains “on track to meet full-year expectations”.
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NewsCurrys to sell Greek business for £175m
Currys has entered an agreement to sell its Greek business, Kotsovolos, to Greek electricity supplier Public Power Corporation (PPC) as it aims to strengthen its balance sheet and focus on the UK, Ireland and Nordic markets.
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NewsCompanies must make sustainability ‘easier’ for shoppers
Businesses need to do more to influence consumer behaviour on sustainability as the world faces a climate crisis.
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NewsJohn Lewis ‘rewrites Black Friday rule book’
Department store group John Lewis has launched its Black Friday promotion earlier than usual to cater to customers shopping early for Christmas.
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NewsSainsbury’s winning back shoppers from discounters ‘for first time’
Sainsbury’s boss Simon Roberts says the supermarket is now winning back market share from the discounters “for the first time”.
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NewsHugo Boss maintains guidance after ‘robust’ third quarter
Fashion retailer Hugo Boss has maintained its full-year guidance after a “robust” third-quarter performance with top-line improvements across “both brands, all regions and all consumer touchpoints”.
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NewsZalando revises guidance as it posts revenue decline
Online fashion giant Zalando has recorded a decrease in group revenue and is reviewing its guidance as it expects “continued pressure on demand” for the remainder of the financial year.