All News articles – Page 47
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NewsLVMH sales slip but Sephora continues to grow
Luxury retail group LVMH has recorded a slight dip in revenue, despite Sephora continuing to perform strongly.
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NewsAsda turns to Tesco to appoint new chief people officer
Asda has hired a new chief people officer who will join from rival Tesco as the Leeds grocer pushes ahead with its turnaround programme.
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NewsB&M 'making progress' on new CEO as UK like-for-like sales fall
B&M said it was “making progress” on a new chief executive and would make an announcement in the coming weeks.
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NewsUK business confidence plummets into 'ominous territory'
UK business confidence has dropped to its lowest point in over two years as concerns mount over tax increases and US President Donald Trump’s intensifying trade war, a new survey reveals.
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NewsHalfords chief executive Graham Stapleton to 'hand over the reins'
The retailer has announced its group chief executive Graham Stapleton is stepping down with immediate effect.
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NewsFrasers strikes deal to launch Sports Direct in Australia and NZ
Frasers Group has announced a major expansion into the Australian and New Zealand.
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NewsRetail sales showing green shoots, says BRC
Retail sales are showing signs of underlying strengthening of demand, according to the British Retail Consortium (BRC).
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News‘Good chance’ of UK-US trade agreement, says US VP
The US vice-president JD Vance has expressed optimism about potential UK trade agreement.
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NewsMother’s Day and warm weather help retail sales offset global economic headwinds
Despite ongoing global economic headwinds and strong comparisons year on year, warmer weather and Mother’s Day both helped retail sales over the month of March.
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NewsCo-op Wholesale strikes multi-year partnership with Roadchef
The Co-op’s newly rebranded wholesale arm has today announced a new, multi-year contract with motorway service area operator Roadchef.
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NewsSlew of brands set to open at the UK’s newest designer retail outlet
A host of brands are due to open at the UK’s newest designer retail outlet this year, Retail Week can reveal.
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NewsRetailers flag concerns about Chinese ‘dumping’ on back of Trump tariffs
Retailers, including Currys chief executive Alex Baldock, have signalled worries about goods being switched from the US to Europe through companies such as Amazon, Shein and Temu.
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NewsArc’teryx owner acquires outerwear brand Jack Wolfskin
The owner of outdoors brand Arc’teryx, Anta Sports, has snapped up Jack Wolfskin in a £222m deal to acquire it from sports equipment company Topgolf Callaway.
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NewsIceland to double petrol forecourt presence with EG Group tie-up
Frozen food specialist Iceland will double its forecourt presence through a new partnership with EG on the Move.
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NewsUniqlo parent company ups profit forecast as it gears up for another ‘record’ year
Uniqlo’s parent company Fast Retailing has reported rising sales and profits during the first half and upped its full-year guidance as it gears up for yet another “record” year of trading.
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NewsShein gets green light from UK regulators for London IPO
Shein has reportedly been given the green light from Britain’s Financial Conduct Authority to float in London.
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NewsBond Street becomes Europe’s most expensive shopping street as retail rent rockets
London’s Bond Street has been named Europe’s most expensive shopping street as retail rent soars and luxury retail openings see “unexpected boost”.
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NewsMamas & Papas launches app
Mamas & Papas has launched an app which it says is a “significant step” in its digital evolution.
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NewsMother’s Day boosts retail footfall in March but Budget costs are expected to hit in April
UK retail saw a lift in footfall in March thanks to Mother’s Day and nice weather, but the effects of the Budget are expected to take hold in April.
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NewsTesco’s Ken Murphy unveils plans for a potential price war and Trump tariffs turmoil
Despite reporting incredibly strong trading figures for the last financial year, Tesco slashed its profit forecast for the coming year. Is the supermarket giant being overly cautious though?