All News articles – Page 1826
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NewsBorders reviews store portfolio
Borders UK has held talks with a restructuring specialist to advise it on its store portfolio.
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Brand Alley UK appoints new chief executive
Private sales e-tailer BrandAlley.com has appointed Rob Feldmann as chief executive of its UK division.
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NewsJohn Lewis Partnership sales up
John Lewis Partnership recorded a 2.8 per cent sales rise in the week to May 16.
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NewsFindel mulls rights issue after disappointing year
Home shopping group Findel is considering a rights issue among other changes to its funding arrangements and has revealed a disappointing financial performance.
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Miss Selfridge expands Gulf presence in Kuwait
Miss Selfridge is to ramp up its presence in the Middle East as it opens its first store in Kuwait.
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NewsBody Shop drafts in former Sainsbury’s director
Eco-friendly cosmetics giant Body Shop is understood to have appointed a former Sainsbury’s rising star for a top role.
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NewsBanana Republic nears deal for second UK shop in Covent Garden
US fashion retailer Banana Republic is in advanced talks to sign for its second UK store in London’s Covent Garden.
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NewsSir Stuart Rose claims record share ‘bounce back’ for M&S
Marks & Spencer has pulled off its biggest market share “bounce back” in more than a decade, executive chairman Sir Stuart Rose claimed.
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NewsAsda chief Andy Bond heralds a ‘new era of consumer power’
Asda chief executive Andy Bond has heralded a “new era of democracy” as consumers now shape the way retailers do business.
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NewsWaterstone’s plans to relaunch website
Bookseller Waterstone’s is to relaunch its website in an attempt to provide improved functionality for a better shopper experience.
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NewsMarks & Spencer’s profit plunge triggers shares slide
General retailers were down over the week as Marks & Spencer posted a profits fall and investors took profits. Marks & Spencer’s lower profits were expected but some analysts were disappointed with what Pali International analyst Nick Bubb called an “underwhelming” accompanying statement.
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NewsJoseph relaunches its website
The high-end fashion retailer has relaunched its website as part of a wider brand overhaul. The website carries details of which brands are sold in individual stores and information on launches. Designed by Poke London, the site also has videos and blogs.
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Hefty restructuring and poor trading hits Kesa
International electricals group Kesa will book restructuring charges of £9m and e10m (£8.8m) respectively at UK arm Comet and Spanish division Menaje Del Hogar.
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Metro seeks government intervention for rival's state support request
Metro has called on the German government to reject a request by its rival Arcandor for state support as it seeks to acquire the latter’s department store chain, Karstadt.Metro chief executive Eckhard Cordes wrote to the government outlining a “commercial solution” that would not need state intervention. Cordes has denied ...
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NewsPrinci is the new heart of Soho while Game fails to wow
Howard Saunders, creative director, Echochamber, explains his choices for ‘Good shop, bad shop’
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DSGi cuts loose Hungary operation
DSGi has sold its nine Electro World stores in Hungary for e1. All operations and staff will transfer to new owner EW Electro Retail, which is backed by a consortium of investors.
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NewsHouse of Fraser launches designer-inspired collections in Linea range
The department store group has launched designer-inspired collections for its Linea range as it aims to drive sales from the own-label.
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EBay clinches legal victory over L'Oréal
EBay has claimed victory in a Paris court case brought against it by cosmetics giant L’Oréal over counterfeit perfumes on eBay’s website. The court ruled in favour of the internet auction site and said that it was not liable for the fake products and had met its obligations to combat ...
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NewsIkea exercises caution as furniture market toughens
Ikea group president and chief executive Anders Dahlvig has offered some words of warning for retailers in the Western world.
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Doubts cast over grocery ombudsman
No voluntary agreement on creating a grocery ombudsman is likely and some industry sources believe the proposal could even be canned.