All News articles – Page 168
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NewsExclusive: Rituals managing director steps down
Rituals managing director Penny Grivea will leave her role at the end of November, Retail Week can reveal.
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NewsBody Shop enters exclusive sale talks with Aurelius
Private equity house Aurelius is in exclusive talks to acquire health and beauty retailer The Body Shop, which is being sold by owner Natura &Co.
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NewsEmbattled Asos considers sale of Topshop
Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business.
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NewsFrasers offloads Missguided to Shein and eyes Wiggle deal
Frasers Group has sold Missguided’s intellectual property to online fast fashion giant Shein and flagged the potential for future collaboration between the pair.
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NewsAmazon sales increase to beat analyst forecasts
Amazon performed better than anticipated with a sharp rise in sales and income in the third quarter to September 30.
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NewsWilko returns to the high street as The Range owner plans ‘aggressive’ store rollout
Wilko shops on high streets and retail parks are to be opened by the brand’s new owner with the first five branches trading in time for Christmas, Retail Week can reveal.
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NewsJigsaw names Hash Ladha as new CEO
Jigsaw has named Hash Ladha as its new chief executive as Beth Butterwick steps down after more than three years in charge.
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NewsTesco UK boss Tarry to step down after 33 years at grocer
Tesco’s UK chief executive Jason Tarry is set to stand down from the supermarket giant after more than 30 years at the retailer.
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News‘Challenging’ market conditions hit Very Group results
The Very Group has posted its full-year results, showing relatively flat revenue and a mixed sales performance.
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NewsBoohoo threatened with £100m lawsuit
Fast-fashion retailer Boohoo is facing a potential £100m lawsuit from investors after modern slavery allegations slashed more than £1bn from its value.
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NewsMajestic Wine accelerates expansion plan with two new stores
Majestic Wine is accelerating its bricks-and-mortar expansion plan, opening two new stores in a week, as a “central pillar of its growth strategy”.
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NewsPoundland to open 75 stores in three months
Poundland is aiming to open or relocate 75 stores by the end of December.
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NewsSuperdrug launches VIP rewards scheme
Health and beauty retailer Superdrug has launched a new VIP rewards scheme in a push to offer the best value to customers.
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NewsInditex unveils recycled polyester partnership in circular fashion push
Fashion giant Inditex has announced a three-year partnership with LA-based start-up Ambercycle to help “scale textile-to-textile recycled polyester”.
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NewsVinted mulls £174m share sale
Lithuanian online marketplace Vinted is reportedly in talks about a sale of shares that could be worth more than €200m (£174m) in its bid to lead the sustainable fashion boom.
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NewsScS posts ‘resilient’ results as current trading ‘toughens’
Profits at sofas retailer ScS edged down last year and the retailer reported that the trading environment has been harder in the first quarter of the new financial year.
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NewsAsos delays results and confirms full-year loss
Online fashion specialist Asos has delayed its full-year results for a week.
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NewsMarks & Spencer adds Pour Moi to ‘Brands at M&S’ fashion portfolio
Fashion and lingerie retailer Pour Moi has announced a new partnership with Marks & Spencer as it becomes the latest fashion retailer to join the ‘Brands at M&S’ portfolio.
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NewsScS welcomes £99m takeover bid from Italian sofa retailer
ScS has agreed to a £99.4m approach from Italian sofa retailer Poltronesofà.
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NewsExclusive: Decathlon rolls out buyback service nationwide
Sportswear retailer Decathlon will roll out its buyback service to all its stores in the UK as part of its push for sustainability, Retail Week can reveal.