All News articles – Page 214
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NewsLululemon upbeat for 2023 as sales soar
Lululemon recorded net sales growth of 32% and 33% on constant dollar terms in the full year and fourth quarter of 2022, respectively.
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NewsNext delivers growth but budgets for profit drop next year
Next has delivered healthy growth in sales and pre-tax profits, but warned strong comparables in the first half would result in a decline in both metrics next year.
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NewsDecathlon launches UK’s first nationwide sports rental scheme
Decathlon customers will now be able to rent products ranging from bikes and kayaks to stand-up paddle boards and tennis rackets as a part of the new scheme.
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NewsBoots sales increase 16% as it wins market share in beauty
Boots posted a 16% year-on-year increase in sales in the three months to February 2023, driven by a “record-breaking” beauty performance.
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NewsUpdated: Next bolsters brand portfolio with swoop on Cath Kidston
Fashion giant Next has added to its stable of brands with the acquisition of Cath Kidston for £8.5m.
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NewsOcado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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NewsFood inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
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NewsMatalan names former Lidl and Co-op bosses as new chair and CEO
Fashion retailer Matalan has announced Karl-Heinz Holland and Jo Whitfield as the company’s new chair and chief executive respectively, with immediate effect.
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NewsThe Perfume Shop extends recycling scheme to all its stores
The Perfume Shop has rolled out its biggest perfume bottle recycling scheme across all 211 UK stores.
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NewsBoots owner mulls float or sale by end of 2023 to focus on US market
Walgreens, the US-based parent company of Boots, could either sell or float the UK retail favourite as the global pharmacy giant faces intense pressure to break up.
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NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
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NewsIssa brothers eye £12bn merger of Asda and EG forecourt empire
The billionaire Issa brothers are reportedly racing to complete a merger of the Asda supermarket chain and their UK petrol stations in a bid to slash debt.
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NewsAsos expands health and beauty offer with new ranges
Asos has expanded its Face + Body range, exceeding more than 200 brands by the end of May as “viral trends and products drive demand”.
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NewsJohn Lewis boss White speaks out on stake sale speculation
John Lewis Partnership chair Dame Sharon White has said she will always act “in the best interest of the partnership”.
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NewsLevi’s trials AI-generated models to ‘increase diversity’
Fashion retailer Levi’s has announced it will trial the use of AI-generated models in a bid to “increase diversity of models that shoppers see”.
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NewsExclusive: Wickes boss ‘curious’ about high street DIY store concept
Wickes chief executive David Wood says he is “curious” about the idea of high street DIY shops, a concept currently being trialled by competitors B&Q and Ikea.
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NewsExclusive: Snap launches new augmented reality tools for retailers
Snap has unveiled its Augmented Reality Enterprises Services (ARES), a collection of digital tools designed to help businesses integrate Snap’s AR technology into their ecommerce channels.
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NewsTesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.
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NewsJoe Browns to create 200 new jobs as it ramps up UK store expansion
Joe Browns has ramped up its expansion plans and confirmed the opening of 10 new stores across the UK by the end of 2024, creating 200 new jobs.
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NewsWickes posts profit fall despite achieving ‘record sales’
Wickes has posted a drop in profits for the full financial year despite achieving “record sales”, which it attributes to its “market-leading value proposition”.