All News articles – Page 2013
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News
Ghost to expand out of London after brand shift
Boutique womenswear retailer Ghost will expand outside its London heartland after repositioning its upmarket brand.
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Pets at Home puts sale on hold
Private equity owned Pets at Home has shelved a proposed sale or flotation because of adverse conditions in the debt market, despite delivering a sparkling set of profits and sales.
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Land of Leather downplays talk of financial crisis
Struggling furniture retailer Land of Leather has denied that it is facing a financial crunch as speculation mounted about its future.
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Hamleys chief to step down after four years
Hamleys chief executive Nick Mather is to leave the legendary Baugur-owned toy retailer after four years at the helm.
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Brantano picks MD as it looks at costs
Out-of-town family footwear retailer Brantano has hired former Deichmann UK managing director David Short as managing director.
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Moss Bros founders give nod to Berwin
The family shareholders of Moss Bros have welcomed interest from menswear supplier Simon Berwin in buying Baugur’s stake in the retailer, as the Icelandic investor’s intentions remain unclear.
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Primark vows to keep up pace as profits soar
Primark has vowed to continue its breakneck expansion despite the vicious slowdown in the fashion market, as it reported a market-beating first-half performance this week.
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UK retail sales plummet in March
The volume of retail sales fell 0.4 per cent in March – the biggest decrease since January 2007, according to the Office for National Statistics (ONS).
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PPR reports solid growth
Revenue at global luxury goods group PPR climbed 4 per cent year on year to E4.9 billion ( 3.9 billion) in the first quarter of 2008.
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Amazon sales rise 37 per cent
Online retailer Amazon has reported first quarter sales up 37 per cent to US$4.1 billion ( 2.08 billion), but warned that changes in global economic conditions could affect profit margins this year.
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Rose lambasted over Lane Fox investment
Marks & Spencer chief executive Sir Stuart Rose has come under fire for investing in a business venture of one of M&S’s non-executive directors.
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Sports Direct trading tough
Sports Direct has revealed that trading has remained challenging since it updated the City on March 13 this year.
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Jaeger launches loyalty scheme
Jaeger has launched a loyalty scheme for customers as part of its continuing expansion plans.
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2entertain wins Queen's Award
2entertain, the music and video joint venture between Woolworths and BBC Worldwide has won a Queen’s Award for Enterprise .
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Tesco to offer in-store body shape advice
Female shoppers at selected Tesco Extra stores are to be offered free advice from an expert panel, aimed at combatting low self-esteem when buying clothes.
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Boots kick-starts online recruiting move with tool to find store staff
Boots is to implement an online recruitment tool for use by store managers by the end of June, as part of a wider roll-out for all recruitment.
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NewsTJ Hughes links stores with task sharing system
TJ Hughes is using a communications system from Vodat to distribute task information to its 50 stores.
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Allied Carpets cuts communications costs with new service deal
Allied Carpets expects to save 1 million over the next five years after consolidating its mobile and fixed-line communications contracts.
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Flying Brands profits and like-for-likes fall
Jersey multichannel retailer Flying Brands has unveiled a 31 per cent fall in pre-tax profits – from 5.3 million to 3.6 million – for the year to December 28 last year.
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Boots’ customers’ bank details stolen
A theft from a courier van in Bristol has resulted in the personal details of more than 34,000 Alliance Boots customers and staff being stolen.