All News articles – Page 1876
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Two key fashion suppliers go into administration
Cracks are continuing to appear in the fashion supply chain as two suppliers of mid-market womenswear hit the buffers.
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Little cause for celebration
After all the hype at Christmas, few retailers would have got too hopeful about a January of positive like-for-likes. So this week’s BRC figures showing a 1.1 per cent rise in same-store sales on last year and a return to overall sales growth, should be welcomed as a sign of ...
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M&S opens archives for 125th birthday
Marks & Spencer is celebrating its 125th anniversary by exhibiting its treasured company archive to the public in partnership with the University of Leeds.
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Monsoon eyes US shops and e-tail growth in global push
Monsoon is to open up its website to new countries, as it plans an assault on the US market.
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Peacock Group suffers profit and like-for-like drop
The Peacock Group will sacrifice EBITDA for margin growth, after heavy discounting and a disappointing performance from its Bonmarch chain resulted in a fall in profit last year.
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Usdaw calls for compensation for laid-off Woolworths staff
Shopworkers’ union Usdaw has made a claim to the Employment Tribunal on behalf of redundant Woolworths staff for a “protective award”.
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JJB Sports set for reprieve as bidders eye Blacks
The embattled sportswear market is this week heading for a major shake-up as the future of JJB Sports and Blacks Leisure remains unclear.
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US fashion giants axe jobs to control costs
Two of the US’s biggest fashion retailers are to slash hundreds of jobs in a bid to cut costs in the weak US retail market.
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Retail stocks surge ahead on bid excitement and improved sales
General retail stocks surged over a week that brought upbeat broker comment, bid excitement and better than expected sector sales data for January.
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LVMH slashes spending for the year after income falls
French luxury retail giant LVMH has slashed its budget for new stores and cut capital expenditure by up to 15 per cent this year to help it steer through the global slowdown.
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Former JLP director Cloake becomes Retail Trust chairman
Dudley Cloake has been appointed chairman of stores sector charity Retail Trust.
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Tesco buys Woolworths' Easter eggs stock
Tesco is poised to become the UK’s biggest Easter egg retailer after buying forward orders of its exclusive lines destined for now-defunct Woolworths.
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B&Q sells loft insulation at £1 a roll
B&Q is selling loft insulation at 1 a roll, which the DIY giant claims is the cheapest it has ever been sold at.
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Retailers cautiously optimistic on Valentine's Day sales
Nearly half of retailers heavily reliant on Valentine’s Day expect sales to remain flat or increase on last year.
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WHSmith directors sell shares
WHSmith directors yesterday sold further tranches of optioned shares – the second round of such disposals in a week.
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Ted Baker to launch Baker Baby at Debenhams
Ted Baker is to extend its successful Baker by Ted Baker range for Debenhams.
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Vente-privee sales soar 46%
French fashion e-tailer Vente-privee has revealed that sales jumped 46 per cent to 545m last year.
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Land of Leather poised to make more redundancies
More redundancies are looking increasingly likely at Land of Leather as administrator Deloitte has so far failed to find a buyer for the business as a going concern.
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Landsbanki will not sell House of Fraser shares for 'foreseeable future'
Landsbanki has reiterated that it does not intend to sell on the shares it now controls in House of Fraser “for the foreseeable future”.
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Delhaize suspends purchases from Unilever
Belgian supermarket Delhaize is threatening to remove 300 Unilever products from its shelves after refusing to agree to meet Unilever’s demands for price increases and product promotion.