All News articles – Page 1829
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NewsBurberry profits fall after tough year for luxury market
Profits at luxury group Burberry fell 12.5 per cent in its full year to March 31.
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NewsDSGi sells Hungary stores for €1
Electricals retailer DSGi has sold its Electro World stores in Hungary for €1.
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British Bookshops bought by Endless
British Bookshops has been bought by The Works owner Endless.
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NewsJJB Sports appoints two directors
JJB Sports has announced the appointment of a new finance director and a director of retail and product to its board.
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NewsBay Trading bought out of administration
Bay Trading has been bought out of administration by the producers of brands Tigi-Wear, Viz-A-Viz and iZ.
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NewsSaints & Sinners opens in Liverpool One
Just opened in Liverpool One, Saints & Sinners is a men’s fashion shop that is dubbed a lifestyle store and which is intended to combine elements of Tokyo retail design with the look and feel of a boutique hotel.Designed by Manchester-based consultancy Rawfish, the 4,500 ...
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NewsAndy Bond to deliver BRC’s Annual Retail Lecture
Asda chief executive Andy Bond is to deliver the British Retail Consortium’s inaugural Annual Retail Lecture on Tuesday.
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NewsCarphone Warehouse scraps sales commissions after successful London trial
Carphone Warehouse is to scrap its strategy of paying store staff sales commissions in a bid to put customer service ahead of personal financial gain.
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NewsAlliance Boots profit surge
Alliance Boots has reported a rise in profits and is confident about the year to come
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NewsLondon sales helped by warm weather
London sales have continued to grow ahead of the rest of the country with retail sales up 5.4 per cent in April, according to the BRC-KPMG London Retail Sales monitor.
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Michelle Obama is latest celebrity Boden enthusiast
The US’s first lady Michelle Obama is the latest big name on multichannel retailer Boden’s list of enthusiasts, according to The Daily Telegraph.
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NewsONS admits it has overstated sales volumes
The Office for National Statistics is to revise the way it calculates its much criticised official retail sales figures.The Government’s official statistical body said the net impact of the changes will be to revise down its estimates of sales volumes. There will be no impact on the assessment of sales ...
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NewsJohn Lewis celebrates best week of the year
John Lewis experienced its best week of the year in the seven days to May 9, with the beleaugered home sector leading the way. Overall, sales were down marginally by 0.4 per cent to £46.8m.
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NewsH&M celebrates sales turnaround
International fashion giant H&M has posted recession-busting like-for-like growth of 8 per cent for April, when total sales climbed 19 per cent.
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NewsBroker attacks M&S strategy and management
Discounting and cost cutting by Marks & Spencer threatens its long-term health and dramatic change is necessary to restore the retailer’s fortunes, a broker has warned.
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NewsJD Sports set for European debut
Speculation mounts that sports giant JD Sports will pounce on French chain as it considers overseas move
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NewsIkea global chief says UK furniture worst hit
Ikea global president and chief executive Anders Dahlvig has described the UK furniture market as “the worst he’s ever seen it” and believes there is no other furniture market in the world suffering more.
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NewsUp-for-sale Bay Trading close to finding buyer
A sale of troubled young fashion retailer Bay Trading was imminent as Retail Week went to press. Heads of terms on a deal had been signed, a source close to the situation said.
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NewsTK Maxx gears up to launch e-tail site with bags range this month
Discount designer-fashion retailer TK Maxx is to launch its much anticipated e-commerce site in the UK at the end of this month.
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Shopper's Stop to open new outlets
Department store group Shopper’s Stop is to open a further 12 outlets in the next three years. The first four will be this year in Ahmedabad, Bangalore, and Hyderabad. The retailer, one of India’s biggest with 26 department stores, said that one of the triggers for expansion was the steep ...