All News articles – Page 1846
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NewsRobert Dyas sets out plans after buyout
Hardware chain Robert Dyas has laid out a three-year strategy to revitalise the business after completing a management buyout last week.Chief executive Steve Round, along with turnaround specialist and new non-executive chairman Ian Gray, now wholly own the business after buying out private equity firm Change Capital.The three-year plan includes ...
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NewsJane Shilton considers its options after tough year
Shoes and handbag retailer Jane Shilton could be sold as the company explores its financing options.The retailer, which sells via three standalone stores, concessions and online, is “exploring its options”, according to sources. This could include a sale or refinancing.In its last set of accounts at Companies House for the ...
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NewsBurberry downgraded after rally
UBS last week downgraded Burberry from neutral to sell after the upscale fashion group’s stock rose by 30 per cent the previous week.Burberry posts fourth-quarter sales next week and finals in May. “If there is no positive surprise with the trading update, we think the stock may come under pressure,” ...
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NewsFashion Retail Academy students’ idea to represent UK
An e-tail idea created by students from the Fashion Retail Academy, Updatemywardrobe.com, will represent the UK in the Retail Futures Challenge at the World Retail Congress.The students were asked to come up with a business idea they believe represents the future of the sector and ...
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NewsAmazon opts out of Phorm advertising system
Amazon has requested to opt out of the Webwise behavioural targeting advertising system that has been created by Phorm.
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NewsIdeal Shopping Direct makes full-year loss
The directors of home shopping group Ideal Shopping Direct have pledged to restore the retailer to profitability after a turbulent year.Ideal posted a loss of £4m before exceptional charges of £9.2m in the year to December 28, 2008, when sales fell 2 per cent to £94.7m. The previous year the ...
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NewsZandra Rhodes designs range for M&S
Celebrity designer Zandra Rhodes has struck a deal with Marks & Spencer to design a range for the retailer.
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NewsNet-a-Porter launches its outlet site
Net-a-Porter has launched its designer outlet site, Theoutnet.com.
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NewsHalfords to axe standalone bike fascias
Halfords is to close its standalone Bikehut and Cycle Republic stores as it revealed a group sales drop of 1.7 per cent in the first quarter of the year.
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NewsMarch retail like-for-likes fall 1.2 per cent
UK retail like-for-like sales fell 1.2 per cent in March, meaning the decline for the first quarter of the year was 0.7 per cent.One quarter in to 2009, the three-month average for total sales growth was 1.2 per cent after a 0.6 per cent rise in March, according to the ...
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NewsSainsbury's to lift PoS signage with new system
Sainsbury’s is to improve promotional signage and labelling in its stores with the consolidation of the systems it uses to produce point-of-sale material.The project, which will bring together multiple applications under a unified signage system provided by Episys, is part of a larger initiative called The Simple Programme, which has ...
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NewsInternaçionale in £1.3m EPoS upgrade
Value fashion retailer Internaçionale is to replace its EPoS system as it begins converting the 85 MK One shops it bought out of administration last year.
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NewsCo-op server estate virtualisation almost complete
Co-operative Group is about three quarters of the way through a project to virtualise its server estate and improve the levels of service the IT function provides to the rest of the business. The project kicked off early last year.The new HP computing platform will also be suitable to move ...
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NewsAnn Summers co-founder Ralph Gold bought out for £56.5m
Sex toys and lingerie chain Ann Summers co-founder Ralph Gold pocketed a £56.5m dividend as he sold his entire stake in the chain to his older brother.The information is revealed in accounts filed at Companies House by parent company Gold Group International, which also owns underwear retailer Knickerbox.David Gold bought ...
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NewsArgyll Partners takes hit on Woolworth Deutschland
Retail corporate financier and private equity firm Argyll Partners’ investment in Woolworth Deutschland has turned sour as the German retailer plunged into administration.Argyll, one of the best known retail finance boutiques, bought into Woolworth Deutschland 18 months ago but the store group was hit by poor Christmas trading, competition from ...
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NewsDebenhams woos Henry Holland for Designers at Debenhams
Debenhams is in talks to sign up fashion designer Henry Holland to its Designers at Debenhams offer.The department store, which is driving sales from its own-brand ranges, wants Holland to join the Designers range, which includes collections from designers including Julien Macdonald, Jaspar Conran and Betty Jackson.Holland, who is a ...
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H&M sales rise as new Matthew Williamson range readies for launch
Sales at Swedish fashion giant H&M rose 6 per cent in March compared with last year as the retailer unveiled details of its latest designer collaboration with UK designer Matthew Williamson.Next Thursday the range will launch in 200 H&M stores worldwide including 11of its UK stores and one of its ...
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NewsAmazon launches stationery offer
Amazon has launched a stationery offer on its site selling thousands of office products and supplies.Amazon UK managing director Brian McBride said: “Amazon’s aim is to have everything you could possibly want for the home office under one virtual roof.”Products will range from paper to printing labels and include storage ...
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NewsOpening date set for Bath's Southgate scheme
Multi Development has confirmed the opening date for the first phase of its Southgate project in Bath.