All News articles – Page 1917
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Asos sales and profits soar
Online fashion retailer Asos has once again defied the economic downturn, reporting a jump in pre-tax profits of 68 per cent to 4.1 million for the six months to September 30.
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London sales continue to slide
London's like-for-like retail sales slipped 1.8 per cent in October, outperforming the UK average, which was down 2.2 per cent, although the gap between the two narrowed.
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Tesco hires Des O'Connor for Christmas TV ad
Tesco has hired family entertainer Des O’Connor to star in its Christmas TV campaign, designed to deliver a traditional Christmas with a modern twist.
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Arev partners leave the business
Arev, the investment vehicle behind retail investments including Jones Bootmaker, Blooming Marvellous and Mountain Warehouse, has suffered an exodus of its partners following the failure of its Icelandic backers to provide future funding for its investments.
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Shoppers rush for exclusive H&M designer collection
Shoppers queued from 6am yesterday to get their hands on the exclusive Comme Des Gar ons collection at H&M’s flagship London stores.
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John Lewis reports weekly sales slump of 9.7%
Department store chain John Lewis has reported a 9.7 per cent slump in weekly sales as the economic uncertainty and grim weather made trade difficult.
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Waitrose celebrates homeward journeys in Christmas ad campaign
Waitrose is to focus on festive homeward journeys in its Christmas TV campaign which debuts on Tuesday.
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River Island staff star in e-tail campaign
River Island has picked eight head office staff to feature in its latest online marketing campaign.
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Long Tall Sally back in black after a decade
Specialist fashion retailer Long Tall Sally has made an operating profit for the first time in 10 years, according to owner and retail entrepreneur Maurice Helfgott.
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The Pier brand director makes a surprise exit
The Pier brand director Fiona Strang has stepped down from the business.
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More Otto jobs under threat in costs review
Otto UK has revealed its on-going review could have an impact across all departments after entering into a consultation period with its buying and creative teams.
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Woolworths legend Roger Jones dies
Former Woolworths managing director Roger Jones, who spent almost 50 years at the variety store group, died on Sunday aged 71.
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National Geographic unveils debut store
National Geographic opens its first store today, on London’s Regent Street. The three-floor, 19,375 sq ft shop is intended to establish a retail presence for the travel brand, which is best known for its magazine and TV channel.
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Ex-George chief lands role at Target Australia
Mark Daynes, former chief operating officer of Asda’s George clothing business, has become the latest British retailer to take up a high-profile role in Australia.
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Sainsbury’s to up convenience stores as shoppers stay local
Sainsbury’s is to step up the growth of its convenience store business as customers increasingly shop locally in the downturn.
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Baugur insists sale of Moss holding is not first of many
Baugur insists it has no intention of disposing of more stakes in its retail investments despite selling its 28.5 per cent holding in Moss Bros at a loss to Sir Philip Green.
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Top Woolworths shareholder: business is worth £340 million
Property magnate confident the chain has a future or a buyer could be found, despite City critics.
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Asda reports like-for-like sales up 6.9 per cent
Asda has revealed its like-for-like sales, excluding petrol, have jumped 6.9 per cent in its third quarter, driven by increased customer numbers and higher basket spend.
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Johannesson investment firm raided by tax investigators
Stodir, the company controlled by Baugur executive chairman Jon Asgeir Johannesson, has been raided by tax investigators.
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Kent & Curwen to move UK store as it rethinks growth
Luxury men’s retailer Kent & Curwen has shelved plans for UK expansion two years after opening its London flagship store.