All News articles – Page 323
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NewsAsos could retain Topshop flagship if Arcadia deal goes ahead
Online retailer Asos, which is in exclusive talks to buy Arcadia brands, is interested in retaining the flagship Topshop store on Oxford Street.
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NewsBoohoo acquires Debenhams brand and website
Boohoo has acquired Debenhams’ brand and website for £55m in what executive chair and co-founder Mahmud Kamani describes as “a transformational deal”.
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NewsAsos emerges as frontrunner to acquire Topshop
Asos is closing in on a deal to acquire Topshop, Topman and Miss Selfridge out of administration.
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NewsJudging panel to find world’s top retail tech start-ups announced
With Discovery 50 entries closing on January 31, Retail Week reveals the industry experts who will help decide who features in the eagerly anticipated annual report.
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NewsFeelunique hails strong golden quarter as retail and marketplace sales soar
Pureplay cosmetics brand Feelunique has reported strong sales growth across its direct retail and marketplace channels over the Christmas period.
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NewsWaterstones boss warns store closures loom without further rates relief
Waterstones boss James Daunt has warned that without either an extension to the business rates holiday or other reforms before April, he could be forced to close stores.
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NewsThe Works narrows interim losses as online sales double
The Works boss Gavin Peck has hailed the retailer’s “robust” performance at the half-year mark as online sales surged and stores experienced strong demand when allowed to open under government guidelines.
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NewsJohn Lewis raises profit forecast after resilient Christmas performance
John Lewis has said its sales across Black Friday and Christmas “held up better than anticipated” and its profits will be ahead of previous guidance as a result.
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NewsNext pulls out of race to acquire Topshop
Next has withdrawn from the bidding process to acquire Arcadia’s Topshop brand, despite previously being pinned as the frontrunner to snap up the fashion retailer.
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NewsVaccine promises do little to boost consumer confidence
Consumer confidence dropped at the beginning of the year, despite promises that the vaccine would bring life back to normal.
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NewsEG Group appoints Lord Rose as new chair
EG Group, whose owners are buying grocery giant Asda, has appointed retail veteran Stuart Rose as its new chair to address issues with its corporate governance.
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NewsEve Sleep losses narrow after record festive sales
Eve Sleep has reported strong sales for 2020 including record Black Friday and Boxing Day events.
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NewsPets at Home sales climb as customer numbers soar
Pets at Home has recorded an uptick in sales over the golden quarter, as the retailer “adapted to the changing environment” amid the pandemic.
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NewsM&S to add Joules and Hobbs to its fashion stable
Marks & Spencer has struck deals with a handful of new fashion brands in a bid to drive its clothing sales online.
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NewsRetail Connected 2021: Global insight from Walgreens, Levi’s and Shopify
More than 100 speakers from around the world, including leaders from Walgreens Boots Alliance, Adidas, Levi’s, Shopify and Asda, will take to the virtual stage at our new digital event in April.
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NewsBurberry hails ‘good progress’ as online sales surge over Christmas
Burberry has posted a spike in online sales during the golden quarter as it hailed “good progress” on its transformation strategy.
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NewsWHSmith delivers ‘better than anticipated’ Christmas as sales recover
WHSmith has hailed a “better than anticipated” performance during the Christmas period as it continued to rebuild its top line.
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NewsDixons Carphone raids Tesco for new finance boss as festive sales rise
Dixons Carphone has posted an increase in sales during the crucial Christmas trading period and unveiled the appointment of its new finance boss.
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NewsArcadia to close 31 stores as buyers circle
Arcadia has confirmed it will close 31 of its stores by the end of the month as the race to buy its brands out of administration tightens.
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NewsNext boss Wolfson joins Deliveroo board
Next chief executive Lord Wolfson has been appointed to the board of Deliveroo, as the delivery app continues to strengthen its non-executive team ahead of an awaited stock market float.