All News articles – Page 434
-
NewsFarfetch denies Barneys acquisition speculation
Online fashion specialist Farfetch has dismissed a report that it was considering acquiring bankrupt US department store business Barneys.
-
NewsArcadia hails creditors’ support as CVA challenge dropped
Arcadia Group’s chief executive has hailed the “loyal support” of staff, customers and creditors after confirming that the legal challenge from US landlords to its company voluntary arrangement has been dropped.
-
NewsClarks asks landlords for rent reductions
Footwear brand Clarks is demanding rent reductions of up to 30% from landlords, as it seeks to overcome a spell of poor trading.
-
NewsGovernment gives high street fund pre-election boost
Boris Johnson’s government has increased the pot of cash available to struggling regional high streets to £1bn, pledging to pump money into 100 towns across the UK ahead of a possible election.
-
NewsShop Direct to sell Topshop lines for first time
Arcadia and Shop Direct have reached an agreement whereby the digital retailer will stock both Topshop and Topman products on its ecommerce sites for the first time.
-
-
NewsAgenda: WHSmith and McColl’s update the market
Retail Week looks ahead to the next six days with updates from Morrisons and Superdry on the agenda.
-
NewsInditex among signatories for ‘Fashion Pact’ sustainability initiative
Inditex is one of 32 businesses that has signed up to the ‘Fashion Pact’ initiative, created to “champion environmental sustainability” in fashion.
-
NewsAnn Summers wins rent deals but CVA on cards for remainder
Ann Summers has won better property terms from landlords on most of its 100 branches but the refusal of property owners to be more flexible means a CVA may be considered for those where terms have not been struck.
-
NewsReiss sales soar as investment pays off
Fashion retailer Reiss has reported a surge in first-half sales.
-
NewsMorrisons to shut four branches, jeopardising 400 jobs
Morrisons is to close four stores, putting about 400 jobs at risk.
-
-
NewsOnline sales growth slumps to ‘lowest ever’ July level
Online sales rose 4.4% year on year in July, a low for the month that dented hopes of an upturn.
-
NewsMulberry poaches longstanding Ted Baker finance director
Mulberry has appointed longstanding Ted Baker director as its new group finance director.
-
NewsLaura Ashley to open ‘very different’ flagship at Westfield London
Laura Ashley told Retail Week it will open a flagship store with a “fresh look” in November, following its preliminary results today.
-
NewsFire brigade called to fire at Ocado’s Erith warehouse
Ocado has said firefighters attended a fire at its customer fulfilment centre in Erith overnight, marking the second time a depot has suffered a blaze this year.
-
NewsLaura Ashley slips into the red after homeware arm underperforms
Laura Ashley has reported a full-year pre-tax loss and seen like-for-like and total sales fall, which the retailer’s chair put down to the underperformance of its homeware arm.
-
NewsTesco boss promises ban on brands that use ‘excessive’ plastic
Tesco boss Dave Lewis has said the grocer will step up efforts to cut down on single-use plastics by adding measures that would include banning brands that use “excessive” plastic packaging from its shelves.
-
NewsThree-quarters of retail bosses say more sustainability rules needed
Executives at leading fashion and retail companies say “more regulation will be needed” to deliver change around sustainability issues, a poll by Odgers Berndtson has revealed.
-
