All News articles – Page 1964
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L’Oreal counterfeit case dismissed
L’Or al has lost a case in Belgian court against eBay over fakes sold on its site.
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Small retailers get funding to push fruit and veg
Corner shops in economically deprived areas of England are to be given money to increase sales of fruit and vegetables.
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Zara takes global fashion top spot
Zara has overtaken Gap to become the largest fashion retailer by sales in the world.
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Jewellery sector to grow despite tough conditions
Jewellery retailers are expected to ride out the credit crunch this year, with the market forecast to grow 4 per cent.
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NewsHollister close to signing for its next three units
US fashion brand Hollister is understood to be closing in on its next three stores in the UK as part of a first-phase roll-out.
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Bitter blow for Oxford as Westgate scheme delayed
Liberty International’s decision to reconsider its Westgate development will hold Oxford back from climbing up the rankings of the UK’s best shopping destinations, according to research organisation CACI.
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Inflation hits 4.4 per cent
Inflation has hit 4.4 per cent, more than twice the Government’s 2 per cent target and up by the highest amount since the Consumer Prices Index began in 1997.
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Sainsbury’s and Tesco face High Court battle
Sainsbury’s has won the right to a judicial review in a battle with Tesco over plans to build a large supermarket in the West Midlands.
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Co-op to sell 107 Somerfield stores
The Co-operative Group is understood to have appointed Credit Suisse to manage the sale process of 107 Somerfield stores.
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Tiffany appeals against eBay court victory
US jeweller Tiffany has lodged an appeal against the court ruling that found in favour of eBay following a dispute over counterfeit goods on its site.
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Tesco signs India deal
Tesco is to launch a wholesale cash-and-carry business in India and has signed a deal with conglomerate Tata to develop its hypermarket business.
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Woolworths names ex-Focus boss as chief executive
Woolworths has named Steve Johnson, former boss of DIY group Focus and consultant at Bain & Company, as chief executive
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UK retail sales slip further
UK like-for-like retail sales fell 0.9 per cent in July compared with the same month last year.
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DIY endures worst summer since 2004
DIY retailers are suffering their worst summer since 2004, as consumers hit by the downturn put off big home improvement projects.
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General Trading Company sold to Mortimers
General Trading Company, which went into administration last month ( July 18 ), has been bought by the management of former gifts and homewares retailer Mortimers and will relaunch in the autumn.
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Retail chiefs’ pay outstrips other industries
Chief executives and finance directors of listed high street retailers are paid far more than bosses of other types of businesses, according to research by BDO Stoy Hayward.
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Western retailers must adapt clothes sizes in China
Western retailers wishing to expand into China will need a much smaller range of clothes sizes compared to those needed in the US.
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Gap axes European design team
US fashion retailer Gap has made its London-based European design team redundant, affecting up to 80 jobs.
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Whittard coffee sales to overtake tea
Whittard of Chelsea’s coffee sales are set to outstrip those of tea for the first time as hard-pressed consumers opt to make their own rather than buy from coffee shops.
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DSGi to review Italian and Spanish stores
DSG International is understood to have instructed Citigroup to carry out a strategic review of its Italian and Spanish chains with a view to possibly selling the businesses.