All News articles – Page 1819
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News
Luxury retailers struggle as sector’s immunity fails
The usually polished and aloof world of luxury retail has become an unusually tense and anxious place as some of its biggest names battle for survival.
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NewsGuess to fill Regent Street store as Next makes exit
Next is pulling out of Regent Street and will be replaced by US denim brand Guess, which is to open a European flagship store on the site.
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NewsNew UK managing director for Inditex as Stefano Sutter moves to Europe
Zara owner Inditex has appointed a new UK and Ireland managing director to replace Stefano Sutter, who has been moved from his role to run other European markets for the Spanish fashion giant.
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NewsShoeboxx.co.uk creates a digital repository for receipts
Shoeboxx wants to get retailers and consumers onboard with its idea of creating a digital repository for receipts. The idea is that a customer carries a Shoeboxx card, which a retailer can swipe at its tills. The receipt is then sent electronically to the customer’s account online where they can ...
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NewsModus developments ‘still on course’
Jersey-based property investment company Ciref has stressed that a number of retail development schemes originally under the auspices of developer Modus are continuing as normal, despite Modus Ventures entering administration.
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NewsUS outdoor retailer Columbia to open London store
US outdoorwear brand and retailer Columbia is to open its first store in Europe in late September on Kensington High Street.
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NewsKingfisher surprises City with ‘stormingly good’ first quarter
Kingfisher beat analysts’ forecasts with its first-quarter trading update and wants to capitalise on the Irish market now that rival Wickes has halted its expansion plans there.
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News
Jysk ramps up expansion plans for China
Danish furniture giant Jysk has ramped up its expansion plans for China, with plans for up to 10 stores next year – an increase on the four it had initially slated.The move will see it take on Ikea in the country, which aims to have nine stores in China by ...
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News
Praktiker chief exec expects German economy to pick up soon
Wolfgang Werner, chief executive of DIY chain Praktiker, has called the bottom of the market in Germany and said he expects the economy there to be picking up soon. Werner said sales had “distinctly stabilised” over April and May, meaning it has “largely” compensated for the sales decline in the ...
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NewsRetail stocks rebound but City still cautious
Has the rally in general retail stocks run its course? That’s what one leading broker said, despite the sector rebounding this week after three weeks of decline.
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NewsJohn Lewis bolsters electricals with hiring
John Lewis has appointed the co-founder of furniture retailer Feather & Black to be director of buying for electricals and home technology, in the latest change to its senior team.
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NewsTopps Tiles moots options to bolster sales
Topps Tiles is considering potential new revenue streams, including business to business, and mulling whether to pull out of Holland.
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NewsBlacks pins turnaround hopes on staycations
Blacks Leisure hopes that the ongoing exit from its boardwear business and the increasing trend for people to holiday in the UK will help secure its future.
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NewsMarks & Spencer Westfield London makeover as big-ticket sales struggle
Marks & Spencer is expected to begin a realignment of its Westfield London store, reflecting the challenges retailers have had selling furniture and groceries in the centre.
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NewsJoJo Maman Bébé set for record year
Maternity retailer JoJo Maman Bébé expects to shrug off the downturn to record its most profitable year.
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NewsWickes turns focus from beds to bathrooms
DIY chain Wickes has replaced its entire bedroom and conservatory range with bathrooms in all stores as it seeks to capitalise on the “mass market” nature of the category.
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NewsTrading Bargains to ramp up expansion
The Range owner Chris Dawson will continue with aggressive expansion plans for Trading Bargains, the brand he set up to sell stock bought following the collapse of MFI.
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NewsDeadline for Retail Interiors Awards draws near
For those contemplating entering this year’s Retail Interiors Awards, due to take place at the Hilton Park Lane on September 29, time is fast running out.
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NewsOnline jeweller Astley Clarke plans relaunch
Luxury online jeweller Astley Clarke is to relaunch its website this autumn as part of its plan to become the world’s leading online jewellery boutique.
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News
Promotions lift Laura Ashley sales
Sales at Laura Ashley jumped 8.4 per cent in the 17 weeks to May 30, due mainly to targeted promotions and store openings. Like-for-like sales rose 6.9 per cent.