All News articles – Page 397
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NewsRetail chief executive turnover reached seven-year high in 2019
The number of chief executives losing their jobs in the retail sector reached a seven-year high in 2019, according to a new report.
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NewsFrasers Group acquires stake in luxury handbag retailer Mulberry
The Mike Ashley-owned Frasers Group has acquired a stake in global handbag retailer Mulberry as part of what it calls the strategic “elevation of our retail proposition”.
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NewsOutgoing Tesco chief executive Dave Lewis delays departure
Outgoing Tesco boss Dave Lewis will stay in his role longer than previously expected.
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NewsBanned director works on new department store chain
A businessman banned from being a company director is involved in a new department store business.
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NewsAngling Direct appoints branding specialist to board
Specialist retailer Angling Direct has appointed branding specialist Dilys Maltby to its board with immediate effect.
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NewsPop-up retail property specialist Boxpark posts profits rise
Boxpark, the pop-up retail property specialist, has reported a rise in profitability and is eyeing expansion outside London.
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NewsComet liquidator sues French retailer Fnac Darty
Comet’s liquidator, FRP Advisory, is suing French retailer Fnac Darty for £115m over aspects of the electricals retailer’s collapse.
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NewsFrench Connection fails to find buyer as sale taken off the table
French Connection has revealed it is no longer looking for a buyer, following a strategic review.
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NewsLaura Ashley chief executive set to step down
Laura Ashley’s chief executive and executive director Kwan Cheong Ng will retire in April.
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NewsConsumer confidence jitters ease after ‘Boris bounce’
Consumer confidence is heading towards positive territory following four years of negative scores.
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NewsAmazon sales soar as ‘more people than ever’ joined Prime
Amazon sales have beat expectations as the online giant posted its full-year results.
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NewsJohn Lewis loses another member of top team
John Lewis & Partners customer director Craig Inglis is stepping down in March after 12 years at the business.
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NewsGlossier extends run for ‘most successful’ London pop-up
Glossier has unveiled plans to keep open its London pop-up, which was due to close next month, until the end of 2020 following “an overwhelmingly positive response” from shoppers.
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NewsIceland to reduce plastic packaging on fresh food
Iceland will be launching a trial that it says will reduce plastic packaging across its range of fresh produce by 93%.
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NewsH&M profits rise as new chief executive appointed
Fashion giant H&M has reported a rise in full-year profits and veteran chair Stefan Persson is to stand down after two decades in the role.
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NewsComet administrators face record £1m fine
The administrators of collapsed electricals retailer Comet are expected to be fined a record £1m over aspects of their involvement.
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NewsNordstrom launches second-hand clothing range in flagship store
US department store group Nordstrom is to sell used clothes in its New York flagship store and online to tap into consumer demand for second-hand goods as shopping habits change.
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NewsMike Ashley’s Frasers Group cleared over Belgian tax question
Frasers Group, the renamed Sports Direct business controlled by Mike Ashley, has correctly paid tax in Belgium that had been questioned by the authorities there.
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NewsFormer Gap boss joins Debenhams parent company board
The former global president of Gap has been appointed as a non-executive director of Celine Jersey Topco, the parent company of the Debenhams Group of operating companies.
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NewsHamleys hires former Debenhams exec as new boss
Hamleys has appointed former Debenhams and The Body Shop executive David Smith as its new chief executive.