All News articles – Page 200
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NewsExclusive: Fat Face expands into Canada with three new stores
Fashion retailer Fat Face has made its Canada debut with the opening of three new stores and six more planned for later this year, Retail Week can reveal.
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NewsPepco sales rise as growth strategy progresses
Pepco has reported an increase in sales and revenue as trading remained strong due to its “strong progress against strategic objectives”.
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NewsN Brown profit and revenue decline driven by ‘challenging online market conditions’
N Brown has posted a fall in revenue, which it says reflected “challenging online market conditions” as inflation took its toll on customers and costs.
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NewsRetail sales growth slows as bank holidays fail to get consumers spending
Retail sales increased but sales growth slowed to its “lowest level in six months” as the three bank holidays in May failed to get consumers spending.
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NewsTHG faces push back from shareholders over ‘unjustified’ salary of new CFO
THG will face a shareholder dispute over the “unjustified” salary of new chief financial officer Damian Sanders at its annual general meeting later this month.
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NewsJohn Lewis to source own-range sofa leather exclusively from Waitrose farms
Department store John Lewis is to exclusively use leather from farms that supply sister retailer Waitrose for its own-label sofas and chairs as the two retailers seek to better complement each other and operate sustainably.
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NewsAsda’s assets used to fund EG Group UK and Ireland takeover
Asda’s takeover of EG Group UK and Ireland is reportedly being funded by the sale of the supermarket’s assets.
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NewsAsos approached in £1bn takeover
Asos was reportedly approached for a £1bn takeover bid by Turkish fast-fashion retailer Trendyol.
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NewsAuthentic Brands Group adds Hunter to portfolio
US private equity-backed Authentic Brands Group, which owns Reebok and Ted Baker, has completed the acquisition of Wellington boot brand Hunter.
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NewsFarfetch announces New Guards Group leadership changes
Farfetch has announced a series of leadership changes at luxury brands platform New Guards Group (NGG), which it acquired in 2019, as NGG co-founders Davide De Giglio and Andrea Grilli confirm they will “step down from the business”.
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NewsLululemon sales soar in ‘solid start to the year’
Lululemon has reported a net revenue increase of 24% to $2bn (£1.6bn) as shoppers snapped up its high-end yoga gear and activewear.
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NewsMarks & Spencer adds more brands online in footwear push
Marks & Spencer has bolstered its online roster of third-party brands as it seeks to gain ground in the footwear category.
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NewsAmazon pays £781m in UK taxes as business grows
Ecommerce giant Amazon paid a total of £781m in direct UK taxes last year as it continued to scale the business across the country.
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NewsRevolution Beauty revenues slip as it navigates accounting scandal
Revolution Beauty revenues have slipped as the brand continues to navigate an audit investigation that revealed “unacceptable” business practices.
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NewsAsos launches incubator to ‘bridge gap’ for ethnic minority-owned brands
Asos has teamed up with The Fashion Minority Report to launch ScaleUP, a new programme to “help bridge the gap between the fashion industry and ethnic minority-owned brands”.
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NewsConverse appoints new CEO and president
Footwear retailer Converse has named Jared Carver as the brand’s new chief executive and president, taking up the role today (June 1).
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NewsM&S freezes school uniform prices for third year as cost-of-living crunch persists
Marks & Spencer has frozen the price of its school uniform as shoppers continue to struggle with the high cost of living.
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NewsToys R Us returns to UK high streets with WHSmith tie-up
WHSmith is set to bring Toys R Us back to the UK in bricks and mortar this summer, opening nine shop-in-shops across the country.
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NewsDr Martens sales top £1bn but profits drop
Dr Martens sales have reached £1bn for the first time, but profits tumbled and “operational mistakes” in the US impacted its performance.
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NewsIkea acquires software provider to speed up online orders
Ikea has bought US-based software brand Made4Net for an undisclosed sum.