All News articles – Page 186
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NewsRiver Island former CEO Will Kernan joins Neptune home
Home decor and furniture brand Neptune has hired ex-River Island chief executive Will Kernan as its new chairman.
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NewsRetail sales slow down as damp weather kicks in
UK retail sales slowed down in the month of July as damp weather “did no favours to sales of clothing and other seasonal goods”.
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NewsSuperdry secures fresh funding of up to £25m
Fashion retailer Superdry has secured funding of up to £25m in its latest bid to “help accelerate” its turnaround plan and cost-reduction programme.
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NewsExclusive: Percival launches new loyalty scheme
Menswear fashion retailer Percival has announced the launch of a new premium loyalty scheme that “rewards customers for every purchase”, Retail Week can reveal.
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NewsCard Factory upgrades profit expectations
Card Factory has raised earnings expectations after a strong first half.
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NewsWilko would need £70m investment from a new owner
Wilko, which is teetering on the edge of administration, would need investment of £70m from any new owner.
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NewsAllSaints posts record results as product focus pays off
Fashion retailer AllSaints has reported its best-ever annual sales and profits.
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NewsKmart appoints new brand CEO as it eyes European expansion
Australian retailer Kmart Group is setting its sights on expanding its product development brand Anko into Europe by appointing the first CEO for Anko Global.
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NewsClintons mulls closing 38 stores
Clintons is considering closing 38 stores – approximately one-fifth of its store estate – to avoid insolvency, The Times has reported.
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NewsApple profits rise driven by ‘all-time revenue record in services’
Apple has reported increased profits with an “all-time revenue record in services” as the tech giant reaches more than 1 billion paid subscriptions.
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NewsAmazon profits climb as cost cutting pays off
Amazon has reported an increase in profits for the second quarter of the year and increased its guidance for the next quarter as cost-cutting measures paid off.
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NewsRetail sales increase in July despite damp weather
Overall retail sales increased in July but saw a significant fall in the last two weeks of the month as a result of bad weather.
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NewsAdidas reports flat sales as market remains ‘volatile’
Adidas posted flat sales in the second quarter of the year “impacted by the company’s conservative sell-in approach in order to reduce high inventory levels”.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsScS confident in full-year profit guidance despite cost-of-living crisis
Furniture specialist ScS expects to report full-year profit guidance in line with expectations, despite the ongoing effects of the cost-of-living crisis.
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NewsPets at Home customer numbers grow as revenues spike
Pets at Home has reported an increase in “active VIP” customers and a jump in both total and group like-for-like sales.
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NewsNext increases full-year profit guidance as sales jump
Next has increased its full-year guidance for group profit before tax by £10m, following a “much better than expected” period of full-price sales.
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NewsRetail footfall drops as rail strikes and rain drive decline
Footfall across all retail destinations declined in July as rail strikes, interest rates and bad weather impacted consumer spending.
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NewsJohn Lewis announces back-to-school price lock for 2023
John Lewis has announced a price lock across its “entire school uniform range” in a bid to increase its efforts to support families amid the cost-of-living crisis.
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NewsIceland reviews Holiday 1p Helpers with new items for summer
Frozen food specialist Iceland has brought back its 1p online sale for the summer holidays to help customers through the cost-of-living crisis.