All News articles – Page 167
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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.
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NewsSainsbury’s sales rise as it continues to ‘invest in customer’
Sainsbury’s has reported a rise in sales that it credits to “consistent investment in our customer proposition” and has increased its guidance for the full year.
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NewsFootfall declines as cost-of-living impact grows
Footfall across all UK destinations fell in October as consumers continued to feel the pressure of the cost-of-living crisis ahead of Christmas.
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NewsAllSaints raises the curtain on Royal Ballet partnership
Fashion retailer AllSaints has unveiled a “first of its kind” partnership with The Royal Ballet in a bid to “introduce new customers” to the brand.
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NewsCastore opens stores in Ireland and Middle East
Manchester-based sportswear brand Castore has announced its expansion plans with new stores in the UK, Ireland and the Middle East.
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NewsSuperdrug rolls out Black Friday offers to loyalty card members
Superdrug has launched a range of Black Friday offers with early access for its Health and Beautycard members.
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NewsExclusive: Secret Sales to launch in Ireland in expansion push
Premium non-full-price marketplace Secret Sales is launching online in Ireland as part of its “aggressive” international expansion strategy, Retail Week can reveal.
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NewsMatches aims to rekindle ‘customer love’ after full-year loss
Matches has said it will focus on getting the brand back to profitability and growing “customer love” amid its turnaround strategy after a full-year loss and decline in revenue.
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NewsNext juggernaut rolls on as it ups profit guidance
Fashion giant Next has increased its full-year profit guidance and reported an uptick in full-price sales.
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NewsAsos losses deepen as it prioritises shift ‘back to fashion’
Embattled fashion retailer Asos has reported deepening losses and falling revenue, and unveiled plans for a strategic switch “back to fashion” in 2024.
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NewsKurt Geiger hails ‘international success’ as profits soar
Kurt Geiger has credited a full-year surge in both revenue and profits to the “success” of its international expansion strategy.
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NewsMiniso sets date for Oxford Street flagship store
Chinese lifestyle retailer Miniso opens its flagship UK store on London’s Oxford Street on November 10.
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NewsAsda acquires EG and pledges price cuts
Asda has completed its purchase of forecourt retail giant EG Group at an enterprise value of £2.07bn. It vowed the deal will mean lower fuel and grocery prices “for millions”.
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NewsFortnum & Mason back in EU for first time since Brexit
Luxury department store Fortnum & Mason has launched a dedicated EU website, enabling it once again to cater for customers in the trade bloc in the wake of post-Brexit challenges.
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NewsSimply Be hires new general manager
Fashion retailer Simply Be has named Heidi Kenyon-Smith as its new general manager from January 2, 2024.
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NewsWHSmith launches book buy-back service
WHSmith has launched a new book buy-back service where customers can swap their used books for WHSmith e-gift cards.
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NewsShein names chief product officer in newly created role
Shein has appointed Gemma Dunne as the retailer’s first-ever chief product officer as the fashion giant attempts to bolster its UK-based product team.
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NewsExclusive: Plus-size brand dominates fastest-growing fashion retailers
Yours Clothing has ranked higher than fashion giants including Inditex, Primark and Next to be named the fastest-growing fashion retailer in the UK, Retail Week can reveal.
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NewsShop price inflation eases for fifth month in a row
Shop price inflation eased for the fifth consecutive month, reaching its lowest level since August 2022 despite the continued squeeze on discretionary spending.